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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2013
Changes in Carrying Amount of Goodwill
The changes in the carrying amount of goodwill, by segment, were as follows:
(in thousands)
Education
 
Cable
 
Newspaper
Publishing
 
Television
Broadcasting
 
Other
Businesses
 
Total
As of December 31, 2011
 
 
 
 
 
 
 
 
 
 
 
Goodwill
$
1,116,615

 
$
85,488

 
$
81,183

 
$
203,165

 
$
100,152

 
$
1,586,603

Accumulated impairment losses
(8,492
)
 

 
(65,772
)
 

 
(97,342
)
 
(171,606
)
 
1,108,123

 
85,488

 
15,411

 
203,165

 
2,810

 
1,414,997

Acquisitions
7,364

 

 

 

 
16,242

 
23,606

Impairment
(102,259
)
 

 

 

 

 
(102,259
)
Dispositions
(29,000
)
 

 

 

 

 
(29,000
)
Foreign currency exchange rate changes and other
10,571

 

 

 

 

 
10,571

As of December 31, 2012
 

 
 

 
 

 
 

 
 

 
 

Goodwill
1,097,058

 
85,488

 
81,183

 
203,165

 
19,052

 
1,485,946

Accumulated impairment losses
(102,259
)
 

 
(65,772
)
 

 

 
(168,031
)
 
994,799

 
85,488

 
15,411

 
203,165

 
19,052

 
1,317,915

Reallocation, net

 

 
(1,809
)
 

 
1,809

 

Acquisitions

 

 

 

 
7,934

 
7,934

Dispositions

 

 
(13,602
)
 

 

 
(13,602
)
Foreign currency exchange rate changes and other
(23,625
)
 

 

 

 

 
(23,625
)
As of December 31, 2013
  

 
  

 
  

 
  

 
  

 
  

Goodwill
1,073,433

 
85,488

 

 
203,165

 
34,877

 
1,396,963

Accumulated impairment losses
(102,259
)
 

 

 

 
(6,082
)
 
(108,341
)
 
$
971,174

 
$
85,488

 
$

 
$
203,165

 
$
28,795

 
$
1,288,622

Other Intangible Assets
Other intangible assets consist of the following:
 
 
 
As of December 31, 2013
 
As of December 31, 2012
(in thousands)
Useful
Life
Range
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
Amortized Intangible Assets
 
 
  
 
  
 
 
 
 
 
 
 
 
Noncompete agreements
2–5 years
 
$
13,540

 
$
12,622

 
$
918

 
$
14,008

 
$
12,546

 
$
1,462

Student and customer relationships
2–10 years
 
72,050

 
45,718

 
26,332

 
73,693

 
40,787

 
32,906

Databases and technology
3–5 years
 
10,790

 
6,991

 
3,799

 
6,457

 
5,707

 
750

Trade names and trademarks
2–10 years
 
22,327

 
16,052

 
6,275

 
26,634

 
18,185

 
8,449

Other
1–25 years
 
9,836

 
7,572

 
2,264

 
8,849

 
6,839

 
2,010

 
 
 
$
128,543

 
$
88,955

 
$
39,588

 
$
129,641

 
$
84,064

 
$
45,577

Indefinite-Lived Intangible Assets
 
 
  
 
 

 
 

 
 
 
 

 
 

Franchise agreements
 
 
$
496,321

 
 

 
 

 
$
496,321

 
 

 
 

Wireless licenses
 
 
22,150

 
 

 
 

 
22,150

 
 

 
 

Licensure and accreditation
 
 
7,171

 
 

 
 

 
7,371

 
 

 
 

Other
 
 
15,636

 
 

 
 

 
13,886

 
 

 
 

 
 
 
$
541,278

 
 

 
 

 
$
539,728

 
 

 
 

Education [Member]
 
Changes in Carrying Amount of Goodwill
The changes in carrying amount of goodwill at the Company’s education division were as follows:
(in thousands)
Higher
Education
 
Test
Preparation
 
Kaplan
International
 
Kaplan
Ventures
 
Total
As of December 31, 2011
 
 
 
 
 
 
 
 
 
Goodwill
$
409,128

 
$
152,187

 
$
515,936

 
$
39,364

 
$
1,116,615

Accumulated impairment losses

 

 

 
(8,492
)
 
(8,492
)
 
409,128

 
152,187

 
515,936

 
30,872

 
1,108,123

Acquisitions

 

 
7,364

 

 
7,364

Impairment Losses

 
(102,259
)
 

 

 
(102,259
)
Dispositions

 

 

 
(29,000
)
 
(29,000
)
Foreign currency exchange rate changes and other
56

 

 
12,387

 
(1,872
)
 
10,571

As of December 31, 2012
 

 
  
 
 
 
 
 
 
Goodwill
409,184

 
152,187

 
535,687

 

 
1,097,058

Accumulated impairment losses

 
(102,259
)
 

 

 
(102,259
)
 
409,184

 
49,928

 
535,687

 

 
994,799

Foreign currency exchange rate changes and other
(168
)
 

 
(23,457
)
 

 
(23,625
)
As of December 31, 2013
 

 
 

 
 

 
 

 
 
Goodwill
409,016

 
152,187

 
512,230

 

 
1,073,433

Accumulated impairment losses

 
(102,259
)
 

 

 
(102,259
)
 
$
409,016

 
$
49,928

 
$
512,230

 
$

 
$
971,174