Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The changes in the net carrying amount of goodwill as of September 30, 2016 and December 31, 2015 are as follows (in thousands):

Balance at December 31, 2015	$	86,841
Acquisitions (Note 2)	77,002
Balance at September 30, 2016	$	163,843

Schedule of Finite-Lived Intangible Assets

The gross and net carrying amounts of our intangible assets other than goodwill as of September 30, 2016 and December 31, 2015 were as follows:

	September 30, 2016										December 31, 2015
	Gross Carrying Amount (1)		Impairment			Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Impairment			Accumulated Amortization			Net Carrying Amount
	(In thousands)
Intangible assets with indefinite lives:
Trademarks	$	52,000	$	—		$	—		$	52,000	$	—	$	—		$	—		$	—
Intangible assets with finite lives:
Customer-related and other	$	78,925	$	—		$	(35,970	)	$	42,955	$	49,225	$	—		$	(33,700	)	$	15,525
Trademarks	229,777		(109,910		)	(37,749		)	82,118		229,777		(109,910		)	(24,423		)	95,444
Total	$	360,702	$	(109,910	)	$	(73,719	)	$	177,073	$	279,002	$	(109,910	)	$	(58,123	)	$	110,969

(1) The increase in the carrying amounts of indefinite-lived trademarks and customer-related intangibles from December 31, 2015 to September 30, 2016 is related to the Friendly's acquisition. See Note 2

Estimated Aggregate Finite-Lived Intangible Asset Amortization Expense

Estimated aggregate intangible asset amortization expense for the next five years is as follows (in millions):

2016	$	20.8
2017	20.6
2018	20.0
2019	20.0
2020	11.9