Long-Lived Assets

9 Months Ended

Sep. 30, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

Long-Lived Assets

3. LONG-LIVED ASSETS

Goodwill. The changes in the carrying amount of goodwill for the nine months ended September 30, 2019 were as follows (in thousands):

January 1, 2019 balance	$	255,816
Adjustments related to prior acquisitions		640
Effects of changes in foreign currency exchange rates		(3,406	)
September 30, 2019 balance	$	253,050

Other Intangible Assets.  Our intangible assets subject to ongoing amortization consist primarily of acquired client contracts and software.  As of September 30, 2019 and December 31, 2018, the carrying values of these assets were as follows (in thousands):

	September 30, 2019							December 31, 2018
	Gross							Gross
	Carrying		Accumulated			Net		Carrying		Accumulated			Net
	Amount		Amortization			Amount		Amount		Amortization			Amount
Acquired client contracts	$	146,502	$	(88,946	)	$	57,556	$	148,148	$	(82,692	)	$	65,456
Software		152,851		(121,516	)		31,335		155,781		(119,381	)		36,400
Total other intangible assets	$	299,353	$	(210,462	)	$	88,891	$	303,929	$	(202,073	)	$	101,856

The total amortization expense related to other intangible assets for the third quarters of 2019 and 2018 were $5.9 million and $4.6 million, respectively, and for the nine months ended September 30, 2019 and 2018 were $17.3 million and $13.4 million, respectively.  Based on the September 30, 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 – $23.1 million; 2020 – $19.7 million; 2021 – $14.1 million; 2022 – $11.7 million; and 2023 – $8.5 million. 

Client Contract Costs.  As of September 30, 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):

	September 30, 2019							December 31, 2018
	Gross							Gross
	Carrying		Accumulated			Net		Carrying		Accumulated			Net
	Amount		Amortization			Amount		Amount		Amortization			Amount
Client contract costs	$	75,011	$	(32,109	)	$	42,902	$	80,340	$	(43,051	)	$	37,289

The total amortization expense related to client contract costs for the third quarters of 2019 and 2018 were $3.7 million and $6.0 million, respectively, and for the nine months ended September 30, 2019 and 2018 were $16.1 million and $17.3 million, respectively.