Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets

Schedule of intangible assets, net

	June 30, 2020
	Gross carrying value		Accumulated amortization		Accumulated impairment charges		Translation and other adjustments		Net
	(In thousands)
Merchant contract portfolios and customer relationships	$	293,581	$	(171,537)	$	(5,686)	$	(35,162)	$	81,196
Marketing alliance agreements		186,081		(63,688)		(7,557)		(26,205)		88,631
Trademarks, definite-lived		21,628		(10,110)		(901)		(3,606)		7,011
Internally developed and acquired software		86,982		(31,972)		(10,190)		(3,358)		41,462
Non-compete agreements		6,462		(6,247)		-		-		215
Total	$	594,734	$	(283,554)	$	(24,334)	$	(68,331)	$	218,515
	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)	$	22,597
2021		38,811
2022		32,444
2023		27,294
2024		17,177
2025 and thereafter		80,192
Total	$	218,515

Schedule of net intangible assets by segment

	June 30,		December 31,
	2020		2019
	(In thousands)
Intangible assets, net:
Americas
Merchant contract portfolios and customer relationships	$	60,337	$	74,791
Marketing alliance agreements		61,190		72,272
Trademarks, definite-lived		1,799		2,994
Internally developed and acquired software		26,038		28,697
Non-compete agreements		190		489
Total		149,554		179,243
Europe
Merchant contract portfolios and customer relationships		20,859		24,448
Marketing alliance agreements		27,441		30,674
Trademarks, definite-lived		5,212		6,139
Internally developed and acquired software		15,424		17,021
Non-compete agreements		25		35
Total		68,961		78,317
Total intangible assets, net	$	218,515	$	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
Business combinations		61		—		61
Foreign currency translation adjustment		(8,638)		(3,319)		(11,957)
Goodwill, net, as of June 30, 2020	$	259,472	$	107,470	$	366,942