Goodwill and Intangible Assets

12 Months Ended

Dec. 31, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

5. GOODWILL AND INTANGIBLE ASSETS

Goodwill

Total assets carried on the balance sheet and not remeasured to fair value on a recurring basis, identified as Level 3 measurements, as of December 31, 2019 are $694.0 million, comprised of $662.4 million of goodwill and $31.6 million of identified indefinite-lived intangible assets. Accumulated goodwill impairment losses to date amounts to $9.3 million, all of which was recognized in 2015.

Intangible Assets, Net

Intangible assets, net consisted of the following at December 31 (in thousands):



	2019			2018
Intangible assets:
Finite-lived intangible assets:
Carrying amount:
Customer relationships	$	145,051		$	145,051
Developed technologies		54,475			54,475
Other		3,074			3,074
Total finite-lived intangible assets		202,600			202,600
Accumulated amortization:
Customer relationships		(122,426	)		(110,636	)
Developed technologies		(54,475	)		(51,751	)
Other		(2,995	)		(2,680	)
Total accumulated amortization		(179,896	)		(165,067	)
Total finite-lived intangible assets, net		22,704			37,533
Trade name (indefinite-lived)		31,646			31,646
Total intangible assets, net	$	54,350		$	69,179

As of December 31, 2019, estimated amortization expense of the Company’s intangible assets for each of the next five years and thereafter is as follows (in thousands):

	Amortization
2020	$	7,876
2021		5,114
2022		3,353
2023		2,199
2024		1,443
Later years		2,719
	$	22,704