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Goodwill and Other Intangible Assets
3 Months Ended
Mar. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets
Goodwill and Other Intangible Assets
The changes in the carrying amount of goodwill for the three months ended March 31, 2014 were as follows:
(in thousands)
Marketing &
Events U.S.
 
Marketing &
Events
International
 
Travel &
Recreation
Group
 
Total
Balance at December 31, 2013
$
62,686

 
$
22,611

 
$
44,246

 
$
129,543

Foreign currency translation adjustments

 
(242
)
 
(1,871
)
 
(2,113
)
Balance at March 31, 2014
$
62,686

 
$
22,369

 
$
42,375

 
$
127,430


The following table summarizes goodwill by reporting unit and segment as of the respective periods:
(in thousands)
March 31,
2014
 
December 31,
2013
Marketing & Events Group:
 
 
 
Marketing & Events U.S.
$
62,686

 
$
62,686

Marketing & Events International:
 
 
 
GES United Kingdom
14,139

 
14,049

GES Canada
8,230

 
8,562

Total Marketing & Events Group
85,055

 
85,297

Travel & Recreation Group:
 
 
 
Brewster
39,191

 
41,062

Alaska Denali Travel
3,184

 
3,184

Total Travel & Recreation Group
42,375

 
44,246

Goodwill
$
127,430

 
$
129,543


A summary of other intangible assets as of March 31, 2014 is presented below:
(in thousands)
Gross Carrying
Value
 
Accumulated
Amortization
 
Net Carrying
Value
Amortized intangible assets:
 
 
 
 
 
Customer contracts and relationships
$
5,680

 
$
(2,828
)
 
$
2,852

Other
1,066

 
(242
)
 
824

Total amortized intangible assets
6,746

 
(3,070
)
 
3,676

Unamortized intangible assets:
 
 
 
 
 
Business licenses
460

 

 
460

Other intangible assets
$
7,206

 
$
(3,070
)
 
$
4,136


A summary of other intangible assets as of December 31, 2013 is presented below:
(in thousands)
Gross Carrying
Value
 
Accumulated
Amortization
 
Net Carrying
Value
Amortized intangible assets:
 
 
 
 
 
Customer contracts and relationships
$
5,537

 
$
(2,521
)
 
$
3,016

Other
1,280

 
(276
)
 
1,004

Total amortized intangible assets
6,817

 
(2,797
)
 
4,020

Unamortized intangible assets:
 
 
 
 
 
Business licenses
460

 

 
460

Other intangible assets
$
7,277

 
$
(2,797
)
 
$
4,480


Intangible asset amortization expense for the three months ended March 31, 2014 and 2013 was $310,000 and $292,000, respectively. Estimated amortization expense related to amortized intangible assets for future years is expected to be as follows:
(in thousands)
 
2014
$
682

2015
$
791

2016
$
671

2017
$
550

2018
$
432

Thereafter
$
550