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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
Changes in Carrying Amount of Goodwill
The changes in the carrying amount of goodwill, by segment, were as follows:
(in thousands)
Education
 
Television
Broadcasting
 
Manufacturing
 
Healthcare
 
SocialCode
 
Other
Businesses
 
Total
As of December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
$
1,171,812

 
$
190,815

 
$
220,041

 
$
69,409

 
$
6,099

 
$
7,685

 
$
1,665,861

Accumulated impairment losses
(350,850
)
 

 
(7,616
)
 

 

 
(7,685
)
 
(366,151
)
 
820,962

 
190,815

 
212,425

 
69,409

 
6,099

 

 
1,299,710

Acquisitions
20,424

 

 
11,438

 
217

 
9,761

 

 
41,840

Dispositions
(11,191
)
 

 

 

 

 

 
(11,191
)
Foreign currency exchange rate changes
(32,647
)
 

 

 

 

 

 
(32,647
)
As of December 31, 2018
 

 
 

 
 
 
 
 
 
 
 

 
 

Goodwill
1,128,699

 
190,815

 
231,479

 
69,626

 
15,860

 
7,685

 
1,644,164

Accumulated impairment losses
(331,151
)
 

 
(7,616
)
 

 

 
(7,685
)
 
(346,452
)
 
797,548

 
190,815

 
223,863

 
69,626

 
15,860

 

 
1,297,712

Acquisitions
6,207

 

 
3,514

 
28,795

 

 
45,999

 
84,515

Dispositions
(579
)
 

 

 

 

 

 
(579
)
Foreign currency exchange rate changes
6,631

 

 

 

 

 

 
6,631

As of December 31, 2019
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
1,140,958

 
190,815

 
234,993

 
98,421

 
15,860

 
53,684

 
1,734,731

Accumulated impairment losses
(331,151
)
 

 
(7,616
)
 

 

 
(7,685
)
 
(346,452
)
 
$
809,807

 
$
190,815

 
$
227,377

 
$
98,421

 
$
15,860

 
$
45,999

 
$
1,388,279


Other Intangible Assets
Other intangible assets consist of the following:
 
 
 
As of December 31, 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
 
$
291,626

 
$
144,625

 
$
147,001

 
$
282,761

 
$
114,429

 
$
168,332

Trade names and trademarks
2–10 years
 
87,190

 
42,770

 
44,420

 
87,285

 
39,825

 
47,460

Network affiliation agreements
10 years
 
17,400

 
5,148

 
12,252

 
17,400

 
3,408

 
13,992

Databases and technology
3–6 years
 
30,623

 
12,850

 
17,773

 
27,041

 
8,471

 
18,570

Noncompete agreements
2–5 years
 
1,313

 
929

 
384

 
1,088

 
838

 
250

Other
1–8 years
 
24,800

 
13,149

 
11,651

 
24,530

 
9,873

 
14,657

 
 
 
$
452,952

 
$
219,471

 
$
233,481

 
$
440,105

 
$
176,844

 
$
263,261

Indefinite-Lived Intangible Assets
 
 
 
 
 

 
 

 
 
 
 

 
 

Trade names and trademarks
 
 
$
100,491

 
 

 
 

 
$
80,102

 
 
 
 
Franchise agreements
 
 
28,556

 
 

 
 

 

 
 
 
 
FCC licenses
 
 
11,000

 
 
 
 
 
18,800

 
 
 
 
Licensure and accreditation
 
 
150

 
 

 
 

 
150

 
 

 
 

 
 
 
$
140,197

 
 

 
 

 
$
99,052

 
 

 
 


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)
Kaplan
International
 
Higher
Education
 
Test
Preparation
 
Professional (U.S.)
 
Total
As of December 31, 2017
 
 
 
 
 
 
 
 
 
Goodwill
$
615,861

 
$
205,494

 
$
166,098

 
$
184,359

 
$
1,171,812

Accumulated impairment losses

 
(131,023
)
 
(102,259
)
 
(117,568
)
 
(350,850
)
 
615,861

 
74,471

 
63,839

 
66,791

 
820,962

Acquisitions
62

 

 
822

 
19,540

 
20,424

Dispositions

 
(11,191
)
 

 

 
(11,191
)
Foreign currency exchange rate changes
(32,499
)
 
(40
)
 

 
(108
)
 
(32,647
)
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

Acquisitions
6,207

 

 

 

 
6,207

Dispositions
(579
)
 

 

 

 
(579
)
Foreign currency exchange rate changes
6,552

 

 

 
79

 
6,631

As of December 31, 2019
 

 
 

 
 

 
 
 
 
Goodwill
595,604

 
174,564

 
166,920

 
203,870

 
1,140,958

Accumulated impairment losses

 
(111,324
)
 
(102,259
)
 
(117,568
)
 
(331,151
)
 
$
595,604

 
$
63,240

 
$
64,661

 
$
86,302

 
$
809,807