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Goodwill and Other Intangible Assets
9 Months Ended
Sep. 30, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets

6. Goodwill and Other Intangible Assets

The carrying amount of goodwill at September 30, 2020 and December 31, 2019 were as follows:  

 

 

 

Business Services

 

 

Marketing Solutions

 

 

 

 

Total

 

Net book value as of December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

$

2,059.1

 

 

$

519.5

 

 

 

 

$

2,578.6

 

Accumulated impairment losses

 

 

(1,920.0

)

 

 

(254.1

)

 

 

 

 

(2,174.1

)

Total

 

 

139.1

 

 

 

265.4

 

 

 

 

 

404.5

 

Foreign exchange

 

 

3.0

 

 

 

 

 

 

 

 

3.0

 

Net book value as of September 30, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

 

2,054.6

 

 

 

519.5

 

 

 

 

 

2,574.1

 

Accumulated impairment losses

 

 

(1,912.5

)

 

 

(254.1

)

 

 

 

 

(2,166.6

)

Total

 

$

142.1

 

 

$

265.4

 

 

 

 

$

407.5

 

The components of other intangible assets at September 30, 2020 and December 31, 2019 were as follows:

 

 

September 30, 2020

 

 

December 31, 2019

 

 

 

Gross

 

 

 

 

 

 

 

 

 

 

Gross

 

 

 

 

 

 

 

 

 

 

 

Carrying

 

 

Accumulated

 

 

Net Book

 

 

Carrying

 

 

Accumulated

 

 

Net Book

 

 

 

Amount

 

 

Amortization

 

 

Value

 

 

Amount

 

 

Amortization

 

 

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Client relationships

 

$

413.4

 

 

$

(353.3

)

 

$

60.1

 

 

$

410.2

 

 

$

(337.1

)

 

$

73.1

 

Trade names

 

 

30.7

 

 

 

(17.0

)

 

 

13.7

 

 

 

31.5

 

 

 

(15.8

)

 

 

15.7

 

Trademarks, licenses and agreements

 

 

23.5

 

 

 

(23.5

)

 

 

 

 

 

23.5

 

 

 

(23.5

)

 

 

 

Patents

 

 

2.0

 

 

 

(2.0

)

 

 

 

 

 

2.0

 

 

 

(2.0

)

 

 

 

Total amortizable other intangible assets

 

 

469.6

 

 

 

(395.8

)

 

 

73.8

 

 

 

467.2

 

 

 

(378.4

)

 

 

88.8

 

Amortization expense for other intangible assets was $4.8 million and $14.5 million for the three and nine months ended September 30, 2020, respectively, and was $5.3 million and $16.6 million for the three and nine months ended September 30, 2019, respectively.