Goodwill and Other Intangible Assets (Tables)
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3 Months Ended |
Mar. 31, 2021 |
Goodwill and Intangible Assets Disclosure [Abstract] |
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Schedule of Goodwill |
The carrying amount of goodwill, by operating segment is as follows: | | | | | | | | | | | | | | | | | | (In thousands) | Domestic Operations | | International and Other | | Total | December 31, 2020 | $ | 333,502 | | | $ | 352,905 | | | $ | 686,407 | | Goodwill written off related to spin-off of a business unit | — | | | (476) | | | (476) | | Amortization of "second component" goodwill | (336) | | | — | | | (336) | | Foreign currency translation | — | | | (2,963) | | | (2,963) | | March 31, 2021 | $ | 333,166 | | | $ | 349,466 | | | $ | 682,632 | |
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Schedule of Finite-Lived Intangible Assets |
The following tables summarize information relating to the Company's identifiable intangible assets: | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | March 31, 2021 | | | Gross | | Accumulated Amortization | | Net | | Estimated Useful Lives | Amortizable intangible assets: | | | | | | | | Affiliate and customer relationships | $ | 621,136 | | | $ | (335,631) | | | $ | 285,505 | | | 6 to 25 years | Advertiser relationships | 46,282 | | | (27,080) | | | 19,202 | | | 11 years | Trade names and other amortizable intangible assets | 104,902 | | | (39,590) | | | 65,312 | | | 3 to 20 years | | | | | | | | | Total amortizable intangible assets | 772,320 | | | (402,301) | | | 370,019 | | | | Indefinite-lived intangible assets: | | | | | | | | Trademarks | 19,900 | | | — | | | 19,900 | | | | Total intangible assets | $ | 792,220 | | | $ | (402,301) | | | $ | 389,919 | | | | (In thousands) | December 31, 2020 | | | Gross | | Accumulated Amortization | | Net | | | Amortizable intangible assets: | | | | | | | | Affiliate and customer relationships | $ | 624,699 | | | $ | (330,350) | | | $ | 294,349 | | | | Advertiser relationships | 46,282 | | | (26,028) | | | 20,254 | | | | Trade names and other amortizable intangible assets | 116,526 | | | (40,357) | | | 76,169 | | | | | | | | | | | | Total amortizable intangible assets | 787,507 | | | (396,735) | | | 390,772 | | | | Indefinite-lived intangible assets: | | | | | | | | Trademarks | 19,900 | | | — | | | 19,900 | | | | Total intangible assets | $ | 807,407 | | | $ | (396,735) | | | $ | 410,672 | | | |
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Schedule of Indefinite-Lived Intangible Assets |
The following tables summarize information relating to the Company's identifiable intangible assets: | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | March 31, 2021 | | | Gross | | Accumulated Amortization | | Net | | Estimated Useful Lives | Amortizable intangible assets: | | | | | | | | Affiliate and customer relationships | $ | 621,136 | | | $ | (335,631) | | | $ | 285,505 | | | 6 to 25 years | Advertiser relationships | 46,282 | | | (27,080) | | | 19,202 | | | 11 years | Trade names and other amortizable intangible assets | 104,902 | | | (39,590) | | | 65,312 | | | 3 to 20 years | | | | | | | | | Total amortizable intangible assets | 772,320 | | | (402,301) | | | 370,019 | | | | Indefinite-lived intangible assets: | | | | | | | | Trademarks | 19,900 | | | — | | | 19,900 | | | | Total intangible assets | $ | 792,220 | | | $ | (402,301) | | | $ | 389,919 | | | | (In thousands) | December 31, 2020 | | | Gross | | Accumulated Amortization | | Net | | | Amortizable intangible assets: | | | | | | | | Affiliate and customer relationships | $ | 624,699 | | | $ | (330,350) | | | $ | 294,349 | | | | Advertiser relationships | 46,282 | | | (26,028) | | | 20,254 | | | | Trade names and other amortizable intangible assets | 116,526 | | | (40,357) | | | 76,169 | | | | | | | | | | | | Total amortizable intangible assets | 787,507 | | | (396,735) | | | 390,772 | | | | Indefinite-lived intangible assets: | | | | | | | | Trademarks | 19,900 | | | — | | | 19,900 | | | | Total intangible assets | $ | 807,407 | | | $ | (396,735) | | | $ | 410,672 | | | |
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Schedule of Estimated Amortization Expense |
Estimated aggregate amortization expense for intangible assets subject to amortization for each of the following five years is: | | | | | | (In thousands) | | Years Ending December 31, | | 2021 | $ | 37,433 | | 2022 | 37,161 | | 2023 | 37,073 | | 2024 | 37,004 | | 2025 | 35,203 | |
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