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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill
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


Summary of Carrying Value of Goodwill by Operating Segment
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


Summary of Identifiable 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.
Estimated Future Amortization Expense 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