Goodwill and Other Intangible Assets

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets

The carrying amount of goodwill, by operating segment is as follows:

(In thousands)	Domestic Operations		International		Total
December 31, 2023	$	348,732	$	277,764	$	626,496
Foreign currency translation	—		(4,306)		(4,306)
March 31, 2024	$	348,732	$	273,458	$	622,190

As of March 31, 2024 and December 31, 2023, accumulated impairment charges in the International segment totaled $185.5 million.

The following tables summarize information relating to the Company's identifiable intangible assets:

(In thousands)	March 31, 2024
	Gross		Accumulated Amortization		Net		Estimated Useful Lives
Amortizable intangible assets:
Affiliate and customer relationships	$	615,455	$	(426,361)	$	189,094	6 to 25 years
Advertiser relationships	46,282		(43,280)		3,002		11 years
Trade names and other amortizable intangible assets	90,474		(43,557)		46,917		3 to 20 years
Total amortizable intangible assets	752,211		(513,198)		239,013
Indefinite-lived intangible assets:
Trademarks	19,900		—		19,900
Total intangible assets	$	772,111	$	(513,198)	$	258,913
(In thousands)	December 31, 2023
	Gross		Accumulated Amortization		Net
Amortizable intangible assets:
Affiliate and customer relationships	$	618,778	$	(421,968)	$	196,810
Advertiser relationships	46,282		(42,806)		3,476
Trade names and other amortizable intangible assets	91,134		(42,762)		48,372
Total amortizable intangible assets	756,194		(507,536)		248,658
Indefinite-lived intangible assets:
Trademarks	19,900		—		19,900
Total intangible assets	$	776,094	$	(507,536)	$	268,558

Aggregate amortization expense for amortizable intangible assets for the three months ended March 31, 2024 and 2023 was $8.6 million and $10.4 million, respectively. Estimated aggregate amortization expense for intangible assets subject to amortization for each of the following five years is:

(In thousands)
Years Ending December 31,
2024	$	36,332
2025	35,061
2026	32,539
2027	27,835
2028	25,695