Goodwill and Intangible Assets

6 Months Ended

Jun. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill and Intangible Assets

As of June 30, 2019 and December 31, 2018, the net carrying value of goodwill was zero. We recorded a total goodwill impairment charge of $190.7 million in December 2018 in connection with our quantitative impairment analysis. We have not acquired additional goodwill during the six months ended June 30, 2019.

The net carrying amounts of our intangible assets other than goodwill as of June 30, 2019 and December 31, 2018 were as follows:

	June 30, 2019										December 31, 2018
	Acquisition Costs		Impairment			Accumulated Amortization			Net Carrying Amount		Acquisition Costs		Impairment			Accumulated Amortization			Net Carrying Amount
	(In thousands)
Intangible assets with indefinite lives:
Trademarks	$	69,315	$	—		$	—		$	69,315	$	69,315	$	—		$	—		$	69,315
Intangible assets with finite lives:
Customer-related and other	83,545		—			(47,507		)	36,038		83,545		—			(45,423		)	38,122
Trademarks	230,709		(109,910		)	(82,837		)	37,962		230,709		(109,910		)	(74,621		)	46,178
Total	$	383,569	$	(109,910	)	$	(130,344	)	$	143,315	$	383,569	$	(109,910	)	$	(120,044	)	$	153,615

Our finite-lived trademarks will be amortized on a straight-line basis over their remaining useful lives, which range from approximately 1 to 7 years, with a weighted-average remaining useful life of approximately 5 years. Amortization expense on intangible assets for the three months ended June 30, 2019 and 2018 was $5.2 million and $5.1 million, respectively. The amortization of intangible assets is reported on a separate line item in our unaudited Condensed Consolidated Statements of Operations.

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

2019	$	20.6
2020	12.5
2021	10.8
2022	8.1
2023	7.3