Other Intangible Assets, Net

9 Months Ended

Sep. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Other Intangible Assets, Net

Other Intangible Assets, Net

Other intangible assets, net consists of the following:

	September 30, 2019							December 31, 2018
(in thousands)	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
Client lists	$	660,010	$	(342,276	)	$	317,734	$	706,253	$	(327,201	)	$	379,052
Non-compete agreements	35,559		(24,077		)	11,482		35,224		(20,156		)	15,068
Tradenames and licenses	126,642		(63,864		)	62,778		131,130		(56,845		)	74,285
	$	822,211	$	(430,217	)	$	391,994	$	872,607	$	(404,202	)	$	468,405

Amortization expense for other intangible assets, net was $14.4 million and $16.3 million for the three months ended September 30, 2019 and 2018, respectively, and $46.4 million and $47.8 million for the nine months ended September 30, 2019 and 2018, respectively.

For the nine months ended September 30, 2019, impairment losses for other intangible assets, net of $35.6 million were recorded, all of which were incurred in the second quarter of 2019. For both the three and nine months ended September 30, 2018, there were no impairment losses recorded. See Note 7 - Fair Value for further discussion.

Estimated amortization expense for other intangible assets, net is as follows:

(in thousands)
Remainder of 2019	$	15,385
2020	56,797
2021	53,810
2022	52,039
2023	44,439
Thereafter	169,524
	$	391,994