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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2021
Changes in Carrying Amount of Goodwill The changes in the carrying amount of goodwill, by segment, were as follows:
(in thousands)EducationTelevision
Broadcasting
ManufacturingHealthcareOther
Businesses
Total
Balance as of December 31, 2020        
Goodwill$1,183,379 $190,815 $234,993 $98,421 $130,472 $1,838,080 
Accumulated impairment losses
(331,151)— (7,616)— (14,563)(353,330)
852,228 190,815 227,377 98,421 115,909 1,484,750 
Foreign currency exchange rate changes
387     387 
Balance as of March 31, 2021        
Goodwill1,183,766 190,815 234,993 98,421 130,472 1,838,467 
Accumulated impairment losses
(331,151) (7,616) (14,563)(353,330)
$852,615 $190,815 $227,377 $98,421 $115,909 $1,485,137 
Other Intangible Assets
Other intangible assets consist of the following:
As of March 31, 2021As of December 31, 2020
(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
$293,481 $185,781 $107,700 $294,077 $178,075 $116,002 
Trade names and trademarks
2–10 years
109,485 57,667 51,818 109,809 54,766 55,043 
Network affiliation agreements
10 years
17,400 7,322 10,078 17,400 6,888 10,512 
Databases and technology
3–6 years
34,747 21,572 13,175 34,864 19,924 14,940 
Noncompete agreements
2–5 years
1,000 963 37 1,000 937 63 
Other
1–8 years
24,800 17,567 7,233 24,800 16,714 8,086 
    $480,913 $290,872 $190,041 $481,950 $277,304 $204,646 
Indefinite-Lived Intangible Assets
              
Trade names and trademarks  $88,042     $87,429     
Franchise agreements21,858 21,858 
FCC licenses11,000 11,000 
Licensure and accreditation  150     150     
  $121,050 $120,437 
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
Supplemental EducationTotal
Balance as of December 31, 2020      
Goodwill$634,749 $174,564 $374,066 $1,183,379 
Accumulated impairment losses— (111,324)(219,827)(331,151)
634,749 63,240 154,239 852,228 
Foreign currency exchange rate changes361  26 387 
Balance as of March 31, 2021      
Goodwill635,110 174,564 374,092 1,183,766 
Accumulated impairment losses (111,324)(219,827)(331,151)
$635,110 $63,240 $154,265 $852,615