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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of the Goodwill Balances by Component and Segment

The changes in the carrying amount of goodwill are as follows:

 

(in thousands)

 

GES U.S.

 

 

GES International

 

 

Pursuit

 

 

Total

 

Balance at December 31, 2017

 

$

148,277

 

 

$

38,840

 

 

$

83,434

 

 

$

270,551

 

Foreign currency translation adjustments

 

 

 

 

 

931

 

 

 

(1,688

)

 

 

(757

)

Balance at March 31, 2018

 

$

148,277

 

 

$

39,771

 

 

$

81,746

 

 

$

269,794

 

 

Summary of Other Intangible Assets

Other intangible assets consisted of the following:

 

 

 

March 31, 2018

 

 

December 31, 2017

 

(in thousands)

 

Gross Carrying

Value

 

 

Accumulated

Amortization

 

 

Net Carrying Value

 

 

Gross Carrying

Value

 

 

Accumulated

Amortization

 

 

Net Carrying Value

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer contracts and relationships

 

$

69,074

 

 

$

(25,930

)

 

$

43,144

 

 

$

68,798

 

 

$

(23,696

)

 

$

45,102

 

Operating contracts and licenses

 

 

9,702

 

 

 

(1,086

)

 

 

8,616

 

 

 

9,951

 

 

 

(1,094

)

 

 

8,857

 

Tradenames

 

 

8,656

 

 

 

(3,137

)

 

 

5,519

 

 

 

8,633

 

 

 

(2,873

)

 

 

5,760

 

Non-compete agreements

 

 

5,395

 

 

 

(3,356

)

 

 

2,039

 

 

 

5,363

 

 

 

(3,007

)

 

 

2,356

 

Other

 

 

1,699

 

 

 

(682

)

 

 

1,017

 

 

 

896

 

 

 

(650

)

 

 

246

 

Total amortized intangible assets

 

 

94,526

 

 

 

(34,191

)

 

 

60,335

 

 

 

93,641

 

 

 

(31,320

)

 

 

62,321

 

Unamortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Business licenses

 

 

460

 

 

 

 

 

 

460

 

 

 

460

 

 

 

 

 

 

460

 

Other intangible assets

 

$

94,986

 

 

$

(34,191

)

 

$

60,795

 

 

$

94,101

 

 

$

(31,320

)

 

$

62,781

 

 

Estimated Amortization Expense Related to Amortized Intangible Assets

The estimated future amortization expense related to amortized intangible assets held at March 31, 2018 is as follows:

 

(in thousands)

 

 

 

 

Year ending December 31,

 

 

 

 

Remainder of 2018

 

$

8,450

 

2019

 

 

10,042

 

2020

 

 

8,537

 

2021

 

 

7,537

 

2022

 

 

5,986

 

Thereafter

 

 

19,783

 

Total

 

$

60,335