Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets - Net (Tables)

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Goodwill and Other Intangible Assets - Net (Tables)
3 Months Ended
Mar. 31, 2017
Summary of Goodwill

The Company’s goodwill was as follows:

 

     U.S.
Operating
Segment
     International
Operating
Segment
     Total  

Balance at January 1, 2017 (1)

   $ 1,164,163      $ 98,800      $ 1,262,963  

Foreign currency translation adjustments

     —          2,790        2,790  
  

 

 

    

 

 

    

 

 

 

Balance at March 31, 2017 (1)

   $ 1,164,163      $ 101,590      $ 1,265,753  
  

 

 

    

 

 

    

 

 

 

 

(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,

2017
     Amortization      Other (1)      Balance at
March 31,

2017
 
           

Intangible assets with finite lives:

           

Gross carrying amount

   $ 99,796      $ —        $ (1,123    $ 98,673  

Accumulated amortization

     (64,606      (1,216      1,162        (64,660
  

 

 

    

 

 

    

 

 

    

 

 

 

Total net intangible assets with finite lives

   $ 35,190        (1,216      39      $ 34,013  

Intangible assets with indefinite lives:

           

Tradename

     299,709        —          122        299,831  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total intangible assets — net

   $ 334,899      $ (1,216    $ 161      $ 333,844  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) Amounts represent foreign currency translation adjustments and write-off of a fully amortized favorable lease associated with a closed domestic theatre.
Estimated Aggregate Future Amortization Expense for Intangible Assets

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

 

For the nine months ended December 31, 2017

   $ 3,710  

For the twelve months ended December 31, 2018

     4,835  

For the twelve months ended December 31, 2019

     3,973  

For the twelve months ended December 31, 2020

     4,304  

For the twelve months ended December 31, 2021

     2,189  

Thereafter

     15,002  
  

 

 

 

Total

   $ 34,013