Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets

Schedule of intangible assets, net

	March 31, 2020
	Gross carrying value		Accumulated amortization		Accumulated impairment charges		Translation and other adjustments		Net
	(In thousands)
Merchant contract portfolios and customer relationships	$	293,581	$	(167,117)	$	(5,686)	$	(37,152)	$	83,626
Marketing alliance agreements		186,081		(61,026)		(7,557)		(28,066)		89,432
Trademarks, definite-lived		21,628		(9,608)		(118)		(3,852)		8,050
Internally developed and acquired software		85,762		(29,001)		(10,190)		(4,000)		42,571
Non-compete agreements		6,462		(6,093)		-		-		369
Total	$	593,514	$	(272,845)	$	(23,551)	$	(73,070)	$	224,048
	December 31, 2019
	Gross carrying value		Accumulated amortization		Accumulated impairment charges		Translation and other adjustments		Net
	(In thousands)
Merchant contract portfolios and customer relationships	$	296,033	$	(163,358)	$	(7,089)	$	(26,347)	$	99,239
Marketing alliance agreements		191,879		(59,545)		(11,920)		(17,468)		102,946
Trademarks, definite-lived		29,493		(13,129)		(2,631)		(4,600)		9,133
Internally developed and acquired software		84,060		(26,042)		(10,190)		(2,110)		45,718
Non-compete agreements		6,462		(5,938)		-		-		524
Trademarks, indefinite-lived		18,499		-		(18,499)		-		-
Total	$	626,426	$	(268,012)	$	(50,329)	$	(50,525)	$	257,560

Schedule of estimated amortization expense

	(In thousands)
Years ending:
2020 (remainder of the year)	$	33,216
2021		39,196
2022		32,874
2023		24,678
2024		15,691
2025 and thereafter		78,393
Total	$	224,048

Schedule of net intangible assets by segment

	March 31,		December 31,
	2020		2019
	(In thousands)
Intangible assets, net:
Americas
Merchant contract portfolios and customer relationships	$	62,257	$	74,791
Marketing alliance agreements		61,469		72,272
Trademarks, definite-lived		2,722		2,994
Internally developed and acquired software		26,291		28,697
Non-compete agreements		339		489
Total		153,078		179,243
Europe
Merchant contract portfolios and customer relationships		21,369		24,448
Marketing alliance agreements		27,963		30,674
Trademarks, definite-lived		5,328		6,139
Internally developed and acquired software		16,280		17,021
Non-compete agreements		30		35
Total		70,970		78,317
Total intangible assets, net	$	224,048	$	257,560

Schedule of goodwill activity

	Reportable Segment
	Americas		Europe		Total
	(In thousands)
Goodwill, gross, as of December 31, 2019	$	268,049	$	135,080	$	403,129
Accumulated impairment losses		—		(24,291)		(24,291)
Goodwill, net, as of December 31, 2019		268,049		110,789		378,838
Foreign currency translation adjustment		(10,810)		(6,926)		(17,736)
Goodwill, net, as of March 31, 2020	$	257,239	$	103,863	$	361,102