Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Goodwill

The following table summarizes information related to indefinite-lived intangible assets at December 31:

	December 31,
(In Thousands)	2018		2017
Trade Name	$	53,000	$	53,000
Goodwill	733,170		622,948
Indefinite-lived Intangible Assets	$	786,170	$	675,948

Summary of Carrying Value of Goodwill by Operating Segment

The following table provides information related to the carrying amount of goodwill by operating segment:

(In Thousands)	Progressive Leasing		Aaron’s Business			Total
Balance at January 1, 2017	$	288,801	$	237,922		$	526,723
Acquisitions	—		97,460			97,460
Disposals, Currency Translation and Other Adjustments	—		(1,271		)	(1,271		)
Acquisition Accounting Adjustments	—		36			36
Balance at December 31, 2017	288,801		334,147			622,948
Acquisitions	—		110,469			110,469
Disposals, Currency Translation and Other Adjustments	—		(260		)	(260		)
Acquisition Accounting Adjustments	—		13			13
Balance at December 31, 2018	$	288,801	$	444,369		$	733,170

Summary of Identifiable Intangible Assets

The following table summarizes information related to definite-lived intangible assets at December 31:

	2018							2017
(In Thousands)	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
Acquired Internal Use Software	$	14,000	$	(14,000	)	$	—	$	14,000	$	(14,000	)	$	—
Technology	68,550		(32,749		)	35,801		68,550		(25,639		)	42,911
Merchant Relationships	181,000		(71,101		)	109,899		181,000		(56,018		)	124,982
Other Intangibles1	42,165		(12,265		)	29,900		19,558		(4,900		)	14,658
Total	$	305,715	$	(130,115	)	$	175,600	$	283,108	$	(100,557	)	$	182,551

¹ Other intangibles primarily include favorable operating leases, customer relationships, customer lease contracts, non-compete agreements, reacquired franchise rights and the expanded customer base intangible asset.

Estimated Future Amortization Expense

As of December 31, 2018, estimated future amortization expense for the next five years related to definite-lived intangible assets is as follows:

(In Thousands)
2019	$	35,612
2020	28,537
2021	26,198
2022	23,123
2023	22,803