Long-Lived Assets

3 Months Ended

Mar. 31, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

3. LONG-LIVED ASSETS

Goodwill. The changes in the carrying amount of goodwill for the first quarter of 2019 were as follows (in thousands):


January 1, 2019 balance	$	255,816
Adjustments related to prior acquisitions		(60	)
Effects of changes in foreign currency exchange rates		2,756
March 31, 2019 balance	$	258,512

Other Intangible Assets. Our intangible assets subject to ongoing amortization consist primarily of acquired client contracts and software. As of March 31, 2019 and December 31, 2018, the carrying values of these assets were as follows (in thousands):

	March 31, 2019							December 31, 2018
	Gross							Gross
	Carrying		Accumulated			Net		Carrying		Accumulated			Net
	Amount		Amortization			Amount		Amount		Amortization			Amount
Acquired client contracts	$	149,348	$	(86,434	)	$	62,914	$	148,148	$	(82,692	)	$	65,456
Software		157,823		(122,549	)		35,274		155,781		(119,381	)		36,400
Total intangible assets	$	307,171	$	(208,983	)	$	98,188	$	303,929	$	(202,073	)	$	101,856

The total amortization expense related to other intangible assets for the first quarters of 2019 and 2018 were $5.6 million and $4.0 million, respectively. Based on the March 31, 2019 net carrying value of our other intangible assets, the estimated total amortization expense for each of the five succeeding fiscal years ending December 31 are: 2019 – $22.3 million; 2020 – $18.8 million; 2021 – $13.9 million; 2022– $11.6 million; and 2023 – $8.2 million.

Client Contract Costs. As of March 31, 2019 and December 31, 2018, the carrying values of our client contract cost assets, related to those contracts with a contractual term greater than one year, were as follows (in thousands):

	March 31, 2019							December 31, 2018
	Gross							Gross
	Carrying		Accumulated			Net		Carrying		Accumulated			Net
	Amount		Amortization			Amount		Amount		Amortization			Amount
Client contract costs	$	86,520	$	(49,100	)	$	37,420	$	80,340	$	(43,051	)	$	37,289

The total amortization expense related to client contract costs for the first quarters of 2019 and 2018 were $6.0 million and $5.5 million, respectively.