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Goodwill and Intangible Assets
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets GOODWILL AND INTANGIBLE ASSETS
Indefinite-Lived Intangible Assets
The following table summarizes information related to indefinite-lived intangible assets at December 31:
 
December 31,
(In Thousands)
2019
 
2018
Trade Name
$
53,000

 
$
53,000

Goodwill
736,582

 
733,170

Indefinite-lived Intangible Assets
$
789,582

 
$
786,170


The following table provides information related to the carrying amount of goodwill by operating segment:
(In Thousands)
Progressive Leasing
 
Aaron’s Business

Total
Balance at January 1, 2018
$
288,801

 
$
334,147

 
$
622,948

Acquisitions

 
110,469

 
110,469

Disposals, Currency Translation and Other Adjustments

 
(260
)
 
(260
)
Acquisition Accounting Adjustments

 
13

 
13

Balance at December 31, 2018
288,801

 
444,369

 
733,170

Acquisitions

 
6,526

 
6,526

Disposals, Currency Translation and Other Adjustments

 
(362
)
 
(362
)
Acquisition Accounting Adjustments

 
(2,752
)
 
(2,752
)
Balance at December 31, 2019
$
288,801

 
$
447,781

 
$
736,582


Definite-Lived Intangible Assets
The following table summarizes information related to definite-lived intangible assets at December 31:

2019
2018
(In Thousands)
Gross
 
Accumulated
Amortization
 
Net
Gross
 
Accumulated
Amortization
 
Net
Acquired Internal-Use Software
14,000

 
(14,000
)
 

14,000

 
(14,000
)
 

Technology
68,550

 
(39,859
)
 
28,691

68,550

 
(32,749
)
 
35,801

Merchant Relationships
181,000

 
(86,184
)
 
94,816

181,000

 
(71,101
)
 
109,899

Other Intangibles1
26,178

 
(11,889
)
 
14,289

42,165

 
(12,265
)
 
29,900

Total
$
289,728

 
$
(151,932
)
 
$
137,796

$
305,715

 
$
(130,115
)
 
$
175,600


1 Other intangibles include customer relationships, non-compete agreements, reacquired franchise rights, customer lease contracts and the expanded customer base intangible asset.
Total amortization expense of definite-lived intangible assets included in operating expenses in the accompanying consolidated statements of earnings was $35.6 million, $33.0 million and $27.7 million during the years ended December 31, 2019, 2018 and 2017, respectively. As of December 31, 2019, estimated future amortization expense for the next five years related to definite-lived intangible assets is as follows:
(In Thousands)
 
2020
$
28,722

2021
26,038

2022
23,111

2023
22,527

2024
17,440