Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets (Tables)

v2.4.0.8
Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2014
Summary of Goodwill

The Company’s goodwill was as follows:

 

     U.S.
Operating
Segment
     International
Operating
Segment
    Total  

Balance at January 1, 2014 (1)

   $ 1,150,471       $ 137,619      $ 1,288,090   

Foreign currency translation adjustments

     —           (10,756     (10,756
  

 

 

    

 

 

   

 

 

 

Balance at September 30, 2014 (1)

   $ 1,150,471       $ 126,863      $ 1,277,334   
  

 

 

    

 

 

   

 

 

 

 

(1)  Balances are presented net of accumulated impairment losses of $214,031 for the U.S. operating segment and $27,622 for the international operating segment.
Intangible Assets

Intangible assets consisted of the following:

 

     Balance at
January 1,
                Balance at
September 30,
 
   2014     Amortization     Other (1)     2014  

Intangible assets with finite lives:

        

Gross carrying amount

   $ 101,617      $      $ (1,309   $ 100,308   

Accumulated amortization

     (46,297     (4,498     (141     (50,936
  

 

 

   

 

 

   

 

 

   

 

 

 

Total net intangible assets with finite lives

     55,320        (4,498     (1,450     49,372   

Intangible assets with indefinite lives:

        

Tradename

     300,824               (170     300,654   
  

 

 

   

 

 

   

 

 

   

 

 

 

Total intangible assets — net

   $ 356,144      $ (4,498   $ (1,620   $ 350,026   
  

 

 

   

 

 

   

 

 

   

 

 

 

 

(1)  Consists primarily of foreign currency translation adjustments.
Estimated Aggregate Future Amortization Expense for Intangible Assets

Estimated aggregate future amortization expense for intangible assets is as follows:

 

For the three months ended December 31, 2014

   $ 1,731   

For the twelve months ended December 31, 2015

     5,988   

For the twelve months ended December 31, 2016

     5,876   

For the twelve months ended December 31, 2017

     5,319   

For the twelve months ended December 31, 2018

     4,240   

Thereafter

     26,218   
  

 

 

 

Total

   $ 49,372