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Goodwill and Other Intangible Assets
 6 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets GOODWILL AND OTHER INTANGIBLE ASSETS
Amortization of intangible assets for the three months ended June 30, 2019 and 2018 was $12.9 million and $11.4 million, respectively. Amortization of intangible assets for the six months ended June 30, 2019 and 2018 was $25.9 million and $21.8 million, respectively. Amortization of intangible assets is estimated to be approximately $26 million for the remainder of 2019, $49 million in 2020, $43 million in 2021, $37 million in 2022, $29 million in 2023 and $54 million thereafter.
The changes in the carrying amount of goodwill, by segment, were as follows:
(in thousands)
Education
 
Television
Broadcasting
 
Healthcare
 
Other
Businesses
 
Total
Balance as of December 31, 2018
  
 
  
 
 
 
  
 
  
Goodwill
$
1,128,699

 
$
190,815

 
$
69,626

 
$
255,024

 
$
1,644,164

Accumulated impairment losses
(331,151
)
 
—

 
—

 
(15,301
)
 
(346,452
)
 
797,548

 
190,815

 
69,626

 
239,723

 
1,297,712

Acquisitions
—

 
—

 
239

 
39,121

 
39,360

Foreign currency exchange rate changes
(1,111
)
 
—

 
—

 
—

 
(1,111
)
Balance as of June 30, 2019
  

 
  

 
 
 
  

 
  

Goodwill
1,127,588

 
190,815

 
69,865

 
294,145

 
1,682,413

Accumulated impairment losses
(331,151
)
 
—

 
—

 
(15,301
)
 
(346,452
)
 
$
796,437

 
$
190,815

 
$
69,865

 
$
278,844

 
$
1,335,961


The changes in carrying amount of goodwill at the Company’s education division were as follows:
(in thousands)
Kaplan
International
 
Higher
Education
 
Test
Preparation
 
Professional (U.S.)
 
Total
Balance as of December 31, 2018
  
 
  
 
  
 
 
 
  
Goodwill
$
583,424

 
$
174,564

 
$
166,920

 
$
203,791

 
$
1,128,699

Accumulated impairment losses
—

 
(111,324
)
 
(102,259
)
 
(117,568
)
 
(331,151
)
 
583,424

 
63,240

 
64,661

 
86,223

 
797,548

Foreign currency exchange rate changes
(1,182
)
 
—

 
—

 
71

 
(1,111
)
Balance as of June 30, 2019
  

 
  

 
  

 
 
 
  

Goodwill
582,242

 
174,564

 
166,920

 
203,862

 
1,127,588

Accumulated impairment losses
—

 
(111,324
)
 
(102,259
)
 
(117,568
)
 
(331,151
)
 
$
582,242

 
$
63,240

 
$
64,661

 
$
86,294

 
$
796,437


Other intangible assets consist of the following:
 
 
 
As of June 30, 2019
 
As of December 31, 2018
(in thousands)
Useful Life
Range
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
Amortized Intangible Assets
  
 
  
 
  
 
  
 
  
 
  
 
  
Student and customer relationships
2–10 years
 
$
282,879

 
$
131,101

 
$
151,778

 
$
282,761

 
$
114,429

 
$
168,332

Trade names and trademarks
2–10 years
 
87,308

 
44,113

 
43,195

 
87,285

 
39,825

 
47,460

Network affiliation agreements
10 years
 
17,400

 
4,277

 
13,123

 
17,400

 
3,408

 
13,992

Databases and technology
3–6 years
 
27,020

 
10,902

 
16,118

 
27,041

 
8,471

 
18,570

Noncompete agreements
2–5 years
 
1,358

 
897

 
461

 
1,088

 
838

 
250

Other
1–8 years
 
24,530

 
11,530

 
13,000

 
24,530

 
9,873

 
14,657

  
  
 
$
440,495

 
$
202,820

 
$
237,675

 
$
440,105

 
$
176,844

 
$
263,261

Indefinite-Lived Intangible Assets
  
 
  
 
  

 
  

 
  
 
  

 
  

Trade names and trademarks
  
 
$
80,036

 
  

 
  

 
$
80,102

 
  

 
  

Franchise agreements
 
 
28,000

 
 
 
 
 
—

 
 
 
 
FCC licenses
 
 
18,800

 
 
 
 
 
18,800

 
 
 
 
Licensure and accreditation
  
 
150

 
  

 
  

 
150

 
  

 
  

 
  
 
$
126,986

 
 
 
 
 
$
99,052