Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Goodwill and Intangible Assets

We have goodwill, finite-lived intangible assets and indefinite-lived intangible assets as follows:

	June 30, 2019						December 31, 2018
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Goodwill⁽¹⁾	$	1,262.4	$	—	$	1,262.4	$	1,297.1	$	—	$	1,297.1
Intangible assets:
Finite-lived:
Customer relationships	$	464.2	$	365.5	$	98.7	$	444.8	$	351.7	$	93.1
Other		18.4		17.1		1.3		18.5		16.0		2.5
		482.6		382.6		100.0		463.3		367.7		95.6
Indefinite-lived:
Tradenames⁽²⁾		52.0		—		52.0		52.0		—		52.0
Reacquired franchise rights		124.3		—		124.3		98.7		—		98.7
		176.3		—		176.3		150.7		—		150.7
Total intangible assets	$	658.9	$	382.6	$	276.3	$	614.0	$	367.7	$	246.3

(1)	Balances were net of accumulated impairment loss of $577.4 and $513.4 as of June 30, 2019 and December 31, 2018, respectively.

(2)	Balances were net of accumulated impairment loss of $139.5 as of both June 30, 2019 and December 31, 2018.

Changes in Carrying Value of Goodwill by Reportable Segment

Changes in the carrying value of goodwill by reportable segment and Corporate were as follows:

	Americas⁽¹⁾		Southern Europe⁽²⁾			Northern Europe⁽³⁾			APME⁽³⁾			Right Management		Corporate⁽⁴⁾		Total
Balance, December 31, 2018	$	519.9	$	112.2		$	435.4		$	102.0		$	62.1	$	65.5	$	1,297.1
Goodwill acquired		0.4		31.2			-			-			-		-		31.6
Currency and other impacts		1.7		(0.6	)		(4.1	)		0.7			-		-		(2.3	)
Impairment charge		-		-			(60.2	)		(3.8	)		-		-		(64.0	)
Balance, June 30, 2019	$	522.0	$	142.8		$	371.1		$	98.9		$	62.1	$	65.5	$	1,262.4

(1)	Balances related to the United States were $476.5 as of both December 31, 2018 and June 30, 2019.

(2)	Balances related to France were $68.9 and $68.3 as of December 31, 2018 and June 30, 2019, respectively. Balances related to Italy were $4.8 and $4.7 as of December 31, 2018 and June 30, 2019, respectively.

(3) The impairment charges of $60.2 and $3.8 relate to our Germany and New Zealand reporting units, respectively, which were recorded during the second quarter of 2019. See Note 1 to the Consolidated Financial Statements for further information.

(4)

The majority of the Corporate balance relates to goodwill attributable to our acquisition of Jefferson Wells ($55.5) which is now part of the United States reporting unit. For purposes of monitoring our total assets by segment, we do not allocate the Corporate balance to the respective reportable segments as this is commensurate with how we operate our business. We do, however, include these balances within the appropriate reporting units for our goodwill impairment testing. See table below for the breakout of goodwill balances by reporting unit.

Schedule of Goodwill Balances by Reporting Unit

Goodwill balances by reporting unit were as follows:

	June 30,		December 31,
	2019		2018
United States	$	532.0	$	532.0
Netherlands		111.1		112.0
United Kingdom		93.2		93.7
France		68.3		68.9
Germany		67.5		129.2
Right Management		62.1		62.1
Other reporting units		328.2		299.2
Total goodwill	$	1,262.4	$	1,297.1