GOODWILL AND OTHER INTANGIBLE ASSETS, NET

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS, NET

GOODWILL AND OTHER INTANGIBLE ASSETS, NET

During 2020, 2019 and 2018, we did not record any goodwill impairment charges as a result of our annual impairment test and none of the goodwill associated with our various reporting units was considered at risk of impairment as of October 31st of each respective year (the date of our annual goodwill impairment test). Since the date of our last annual goodwill impairment test, there have been no material developments, events, changes in operating performance or other circumstances that would cause management to believe it is more likely than not that the fair value of any of our reporting units would be less than their carrying amounts.

The following table summarizes the activity related to our goodwill for 2020 and 2019 (amounts in millions):

	Goodwill
	Home Health		Hospice		Personal Care		Total
Balances at December 31, 2018 (1)	$	87.1	$	199.3	$	43.1	$	329.5
Additions	—		329.0		—		329.0
Balances at December 31, 2019	87.1		528.3		43.1		658.5
Additions	3.3		270.9		—		274.2
Balances at December 31, 2020	$	90.4	$	799.2	$	43.1	$	932.7

(1)Net of prior years' accumulated impairment losses of $733.7 million, which is inclusive of write-offs related to the sale and closure of care centers.

During 2020, we recorded a non-cash other intangible assets impairment charge of $4.2 million related to acquired names which are no longer in use; additionally, we recorded amortization of $2.4 million related to certificates of need and licenses associated with care centers that were closed. During 2019, we recorded a non-cash other intangible assets impairment charge of $1.5 million related to acquired names which are no longer in use or are associated with care centers that were closed.

The following table summarizes the activity related to our other intangible assets, net for 2020 and 2019 (amounts in millions):

	Other Intangible Assets, Net
	Certificates of Need and Licenses		Acquired Names -Unamortizable		Acquired Names -Amortizable (4)		Non-Compete Agreements (4)		Total
Balances at December 31, 2018 (1)	$	23.9	$	19.6	$	—	$	0.6	$	44.1
Additions	13.7		—		10.0		5.2		28.9
Write-off (2)	—		(1.5)		—		—		(1.5)
Amortization	—		—		(4.4)		(2.4)		(6.8)
Balances at December 31, 2019	37.6		18.1		5.6		3.4		64.7
Additions	11.8		—		7.0		11.5		30.3
Write-off (2)	—		(4.2)		—		—		(4.2)
Amortization (3)	(2.4)		—		(7.1)		(7.1)		(16.6)
Balances at December 31, 2020	$	47.0	$	13.9	$	5.5	$	7.8	$	74.2

(1)Net of prior years' accumulated amortization of $0.7 million for non-compete agreements.

(2)Write-offs are related to our acquired names that are no longer in use or that were associated with care centers that are closed.

(3)Amortization of certificates of need and licenses is related to care centers that were closed during 2020.

(4)The weighted average remaining amortization period of our amortizable acquired names and non-compete agreements is 1.3 years and 1.2 years, respectively.

See Note 4 – Acquisitions for further details on additions to goodwill and other intangible assets, net.

The estimated aggregate amortization expense related to intangible assets for each of the five succeeding years is as follows (amounts in millions):

	Intangible Asset Amortization
2021	$	10.6
2022	2.7
2023	—
2024	—
2025	—
	$	13.3