Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2018

Goodwill and Intangible Assets

Schedule of intangible assets, net

	September 30,		December 31,
	2018		2017
	(In thousands)
Intangible assets with finite lives:
Merchant contract portfolios:
Gross carrying value	$	301,855	$	274,780
Accumulated amortization		(131,545)		(113,747)
Accumulated impairment losses		(5,658)		(5,658)
Foreign currency translation adjustment		(25,212)		(26,057)
Net		139,440		129,318
Marketing alliance agreements:
Gross carrying value		191,924		187,758
Accumulated amortization		(44,772)		(35,509)
Accumulated impairment losses		(7,585)		(7,585)
Foreign currency translation adjustment		(14,925)		(15,561)
Net		124,642		129,103
Trademarks, finite-lived:
Gross carrying value		29,931		25,084
Accumulated amortization		(10,141)		(8,485)
Foreign currency translation adjustment		(4,270)		(3,701)
Net		15,520		12,898
Internally developed software:
Gross carrying value		56,940		42,442
Accumulated amortization		(12,736)		(9,760)
Accumulated impairment losses		(9,324)		(9,324)
Foreign currency translation adjustment		(3,623)		(3,247)
Net		31,257		20,111
Non-competition agreements:
Gross carrying value		6,400		6,200
Accumulated amortization		(4,636)		(2,633)
Net		1,764		3,567
Total finite-lived, net		312,623		294,997
Trademarks, indefinite-lived:
Gross carrying value		18,499		18,486
Total intangible assets, net	$	331,122	$	313,483

Schedule of estimated amortization expense

	Amount
	(In thousands)
Years ending:
2018 (remainder for the year)	$	16,033
2019		46,772
2020		42,017
2021		37,345
2022		32,390
2023 and thereafter		138,066
Total	$	312,623

Schedule of net intangible assets by segment

	September 30,		December 31,
	2018		2017
	(In thousands)
Intangible assets, net:
North America
Merchant contract portfolios	$	105,465	$	89,045
Marketing alliance agreements		80,295		82,604
Trademarks, finite-lived		4,121		—
Internally developed software		18,261		10,431
Non-competition agreements		1,764		3,567
Trademarks, indefinite-lived		18,499		18,486
Total		228,405		204,133
Europe
Merchant contract portfolios		33,975		40,273
Marketing alliance agreements		44,347		46,499
Trademarks, finite-lived		11,399		12,898
Internally developed software		12,996		9,680
Total		102,717		109,350
Total intangible assets, net	$	331,122	$	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		34,294		—		34,294
Foreign currency translation adjustment		1,579		(5,456)		(3,877)
Goodwill, net as of September 30, 2018	$	231,999	$	110,096	$	342,095