Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2018

Goodwill and Intangible Assets

Schedule of intangible assets, net

	June 30,		December 31,
	2018		2017
	(In thousands)
Intangible assets with finite lives:
Merchant contract portfolios:
Gross carrying value	$	282,614	$	274,780
Accumulated amortization		(125,515)		(113,747)
Accumulated impairment losses		(5,658)		(5,658)
Foreign currency translation adjustment		(28,443)		(26,057)
Net		122,998		129,318
Marketing alliance agreements:
Gross carrying value		191,954		187,758
Accumulated amortization		(41,694)		(35,509)
Accumulated impairment losses		(7,585)		(7,585)
Foreign currency translation adjustment		(17,671)		(15,561)
Net		125,004		129,103
Trademarks, finite-lived:
Gross carrying value		27,283		25,084
Accumulated amortization		(9,596)		(8,485)
Foreign currency translation adjustment		(4,355)		(3,701)
Net		13,332		12,898
Internally developed software:
Gross carrying value		52,620		42,442
Accumulated amortization		(11,696)		(9,760)
Accumulated impairment losses		(9,324)		(9,324)
Foreign currency translation adjustment		(3,607)		(3,247)
Net		27,993		20,111
Non-competition agreements:
Gross carrying value		6,400		6,200
Accumulated amortization		(3,961)		(2,633)
Net		2,439		3,567
Total finite-lived, net		291,766		294,997
Trademarks, indefinite-lived:
Gross carrying value		18,499		18,486
Total intangible assets, net	$	310,265	$	313,483

Schedule of estimated amortization expense

	Amount
	(In thousands)
Years ending:
2018 (remainder for the year)	$	23,012
2019		41,232
2020		36,558
2021		31,091
2022		27,161
2023 and thereafter		132,712
Total	$	291,766

Schedule of net intangible assets by segment

	June 30,		December 31,
	2018		2017
	(In thousands)
Intangible assets, net:
North America
Merchant contract portfolios	$	87,256	$	89,045
Marketing alliance agreements		79,116		82,604
Trademarks, finite-lived		1,487		—
Internally developed software		16,798		10,431
Non-competition agreements		2,439		3,567
Trademarks, indefinite-lived		18,499		18,486
Total		205,595		204,133
Europe
Merchant contract portfolios		35,742		40,273
Marketing alliance agreements		45,888		46,499
Trademarks, finite-lived		11,845		12,898
Internally developed software		11,195		9,680
Total		104,670		109,350
Total intangible assets, net	$	310,265	$	313,483

Schedule of goodwill activity

	Reportable Segment
	North
	America		Europe		Total
	(In thousands)
Goodwill, gross, as of December 31, 2017	$	196,126	$	139,843	$	335,969
Accumulated impairment losses		—		(24,291)		(24,291)
Goodwill, net, as of December 31, 2017		196,126		115,552		311,678
Business combinations		10,986		—		10,986
Foreign currency translation adjustment		(307)		(6,152)		(6,459)
Goodwill, net as of June 30, 2018	$	206,805	$	109,400	$	316,205