XML 53 R39.htm IDEA: XBRL DOCUMENT v3.7.0.1
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Goodwill
Global Integrated Agencies
 
Domestic Creative Agencies
 
Specialist Communications
 
Media Services
 
All Other
 
Total
Balance at December 31, 2014
$
370,094

 
$
37,117

 
$
98,497

 
$
136,033

 
$
209,632

 
$
851,373

Acquired goodwill
—

 
—

 
—

 
6,253

 
37,401

 
43,654

Acquisition purchase price adjustments
(998
)
 
133

 
(879
)
 
—

 
(684
)
 
(2,428
)
Foreign currency translation
(4,937
)
 
(579
)
 
(40
)
 
—

 
(16,742
)
 
(22,298
)
Balance at December 31, 2015
$
364,159

 
$
36,671

 
$
97,578

 
$
142,286

 
$
229,607

 
$
870,301

Acquired goodwill
24,778

 
—

 
—

 
—

 
—

 
24,778

Disposition
—

 
—

 
—

 
—

 
(764
)
 
(764
)
Impairment loss recognized
—

 
—

 
(18,893
)
 
—

 
(29,631
)
 
(48,524
)
Transfer of goodwill between segments (1)
(34,400
)
 
—

 
—

 
34,400

 
—

 
—

Foreign currency translation
(3,821
)
 
91

 
6

 
—

 
2,692

 
(1,032
)
Balance at December 31, 2016
$
350,716

 
$
36,762

 
$
78,691

 
$
176,686

 
$
201,904

 
$
844,759


(1) During the year ended December 31, 2016, the Company transferred a component of one reporting unit to another reporting unit. As a result, based on the relative fair value, we transferred $34.4 million of goodwill from the Global Integrated Agencies reportable segment to Media Services, which represented the portion of the goodwill associated with the component.  An interim impairment analysis was performed both before and after the transfer, noting no impairment indicators were present.
 
 
For the Year Ended December 31,
Intangible Assets
 
2016
 
2015
Trademarks (indefinite life)
 
$
17,780

 
$
17,780

Customer relationships – gross
 
$
121,408

 
$
135,919

Less accumulated amortization
 
(80,432
)
 
(97,604
)
Customer relationships – net
 
$
40,976

 
$
38,315

Other intangibles – gross
 
$
43,656

 
$
33,638

Less accumulated amortization
 
(17,341
)
 
(17,351
)
Other intangibles – net
 
$
26,315

 
$
16,287

Total intangible assets
 
$
182,844

 
$
187,337

Less accumulated amortization
 
(97,773
)
 
(114,955
)
Total intangible assets – net
 
$
85,071

 
$
72,382
Schedule of Intangible Assets and Goodwill
 
 
For the Year Ended December 31,
Intangible Assets
 
2016
 
2015
Trademarks (indefinite life)
 
$
17,780

 
$
17,780

Customer relationships – gross
 
$
121,408

 
$
135,919

Less accumulated amortization
 
(80,432
)
 
(97,604
)
Customer relationships – net
 
$
40,976

 
$
38,315

Other intangibles – gross
 
$
43,656

 
$
33,638

Less accumulated amortization
 
(17,341
)
 
(17,351
)
Other intangibles – net
 
$
26,315

 
$
16,287

Total intangible assets
 
$
182,844

 
$
187,337

Less accumulated amortization
 
(97,773
)
 
(114,955
)
Total intangible assets – net
 
$
85,071

 
$
72,382
Finite-lived Intangible Assets Amortization Expense
The estimated amortization expense for the five succeeding years is as follows:
Year
 
Amortization
2017
 
$
16,677

2018
 
$
11,525

2019
 
$
7,346

2020
 
$
4,999

2021
 
$
3,411