Other Intangible Assets, Net

9 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Other Intangible Assets, Net

Other Intangible Assets, Net

Other intangible assets, net consists of the following:

	September 30, 2020						December 31, 2019
(in thousands)	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Client lists	$	640,155	$	(364,295)	$	275,860	$	645,770	$	(340,168)	$	305,602
Non-compete agreements	26,755		(20,233)		6,522		26,409		(16,249)		10,160
Tradenames and licenses	126,913		(74,932)		51,981		126,405		(66,538)		59,867
	$	793,823	$	(459,460)	$	334,363	$	798,584	$	(422,955)	$	375,629

Amortization expense for other intangible assets, net was $14.2 million for both the three months ended September 30, 2020 and 2019, and $42.5 million and $45.9 million for the nine months ended September 30, 2020 and 2019, respectively.

Impairment losses of $35.6 million were recorded for the nine months ended September 30, 2019. For the three months ended September 30, 2019, there were no impairments. For the three and nine months ended September 30, 2020, there were no impairments. See Note 6 - Fair Value for further discussion.

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

(in thousands)
Remainder of 2020	$	14,294
2021	53,770
2022	51,953
2023	43,642
2024	37,303
Thereafter	133,401
	$	334,363