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Goodwill and Other Intangible Assets
9 Months Ended
Sep. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets

5. Goodwill and Other Intangible Assets

The carrying amount of goodwill at September 30, 2019 and December 31, 2018 were as follows:  

 

 

 

Business Services

 

 

Marketing Solutions

 

 

 

 

Total

 

Net book value as of December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

$

2,604.3

 

 

$

519.5

 

 

 

 

$

3,123.8

 

Accumulated impairment losses

 

 

(2,316.3

)

 

 

(254.1

)

 

 

 

 

(2,570.4

)

Total

 

 

288.0

 

 

 

265.4

 

 

 

 

 

553.4

 

Acquisition

 

 

4.1

 

 

 

 

 

 

 

 

4.1

 

Foreign exchange

 

 

(2.6

)

 

 

 

 

 

 

 

(2.6

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net book value as of September 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

 

2,598.2

 

 

 

519.5

 

 

 

 

 

3,117.7

 

Accumulated impairment losses

 

 

(2,308.7

)

 

 

(254.1

)

 

 

 

 

(2,562.8

)

Total

 

$

289.5

 

 

$

265.4

 

 

 

 

$

554.9

 

The components of other intangible assets at September 30, 2019 and December 31, 2018 were as follows:

 

 

 

September 30, 2019

 

 

December 31, 2018

 

 

 

Gross

 

 

 

 

 

 

 

 

 

 

Gross

 

 

 

 

 

 

 

 

 

 

 

Carrying

 

 

Accumulated

 

 

Net Book

 

 

Carrying

 

 

Accumulated

 

 

Net Book

 

 

 

Amount

 

 

Amortization

 

 

Value

 

 

Amount

 

 

Amortization

 

 

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Client relationships

 

$

518.3

 

 

$

(429.1

)

 

$

89.2

 

 

$

520.3

 

 

$

(425.5

)

 

$

94.8

 

Patents

 

 

2.0

 

 

 

(2.0

)

 

 

 

 

 

2.0

 

 

 

(2.0

)

 

 

 

Trademarks, licenses and agreements

 

 

24.6

 

 

 

(24.4

)

 

 

0.2

 

 

 

25.7

 

 

 

(25.2

)

 

 

0.5

 

Trade names

 

 

31.8

 

 

 

(15.6

)

 

 

16.2

 

 

 

34.6

 

 

 

(16.6

)

 

 

18.0

 

Total other intangible assets

 

$

576.7

 

 

$

(471.1

)

 

$

105.6

 

 

$

582.6

 

 

$

(469.3

)

 

$

113.3

 

Amortization expense for other intangible assets was $5.9 million and $18.1 million for the three and nine months ended September 30, 2019, respectively, and was $6.8 million and $20.7 million for the three and nine months ended September 30, 2018, respectively.