INTANGIBLE FRANCHISE RIGHTS AND GOODWILL

The following is a roll-forward of the Company’s intangible franchise rights and goodwill accounts by reportable segment:



	Intangible Franchise Rights
	U.S.			U.K.			Brazil			Total
	(In thousands)
BALANCE, December 31, 2013	$	216,412		$	8,659		$	76,434		$	301,505
Additions through acquisitions	60,122			—			2,490			62,612
Purchase price allocation adjustments	(2,114		)	—			(9,061		)	(11,175		)
Disposals	(12,075		)	—			—			(12,075		)
Impairments	(4,843		)	—			(24,085		)	(28,928		)
Currency translation	—			(502		)	(7,490		)	(7,992		)
BALANCE, December 31, 2014	257,502			8,157			38,288			303,947
Additions through acquisitions	49,432			—			—			49,432
Disposals	(3,188		)	—			—			(3,188		)
Impairments	(18,087		)	—			(12,024		)	(30,111		)
Currency translation	—			(384		)	(12,108		)	(12,492		)
BALANCE, December 31, 2015	$	285,659		$	7,773		$	14,156		$	307,588



	Goodwill
	U.S.			U.K.			Brazil			Total
	(In thousands)
BALANCE, December 31, 2013	$	612,468		$	19,602		$	105,233		$	737,303		(1)
Additions through acquisitions	103,924			16,802			—			120,726
Purchase price allocation adjustments	1,459			—			4,536			5,995
Disposals	(16,828		)	—			—			(16,828		)
Impairments	(312		)	—			(1,813		)	(2,125		)
Currency translation	—			(1,266		)	(13,359		)	(14,625		)
Tax adjustments	(69		)	—			—			(69		)
BALANCE, December 31, 2014	700,642			35,138			94,597			830,377			(1)
Additions through acquisitions	115,317			—			—			115,317
Purchase price allocation adjustments	(73		)	1,930			—			1,857
Disposals	(6,088		)	—			—			(6,088		)
Impairments	—			—			(55,386		)	(55,386		)
Currency translation	—			(1,748		)	(29,391		)	(31,139		)
Tax adjustments	(23		)	—			—			(23		)
BALANCE, December 31, 2015	$	809,775		$	35,320		$	9,820		$	854,915		(2)

(1) Net of accumulated impairment of $42.4 million

(2) Net of accumulated impairment of $97.8 million

The increase in the Company’s goodwill in 2015 was primarily related to the goodwill associated with the purchase of three dealerships in the U.S., substantially offset by a non-cash impairment recognized in Brazil, as well as foreign currency translation adjustments for the U.K. and Brazil.

The increase in the Company’s goodwill in 2014 was primarily related to the goodwill associated with the purchase of seven dealerships in the U.S. and three dealerships in the U.K.

The increase in the Company’s intangible franchise rights in 2015 and 2014 was primarily related to the acquisitions in the U.S. described above, substantially offset by non-cash impairments recognized in the U.S. and Brazil. The allocation of the purchase price for the 2015 acquisitions, including the valuation of intangible franchise rights and goodwill, is preliminary and based on estimates and assumptions that are subject to change within the purchase price allocation period.