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Other Income (Expense), Net
 9 Months Ended
Sep. 30, 2019
Other Income and Expenses [Abstract]  
OTHER INCOME (EXPENSE), NET OTHER INCOME (EXPENSE), NET
The amounts included in "Other Income (Expense), Net" in the condensed consolidated statements of income for the three and nine months ended September 30, 2019 and 2018 were as follows (in thousands):
 
Three months ended September 30,
 
Nine months ended September 30,
 
2019
 
2018
 
2019
 
2018
Interest and investment income
$
3,684


$
3,740

 
$
11,173


$
11,013

Gain on asset acquisition and sale of business
8,515


—

 
22,690


—

Loss on extinguishment of long-term debt
—


—

 
(5,488
)

—

Other
(4,396
)

(8,654
)
 
(4,603
)

(8,907
)
Other income (expense), net
$
7,803

 
$
(4,914
)
 
$
23,772

 
$
2,106


Refer to Note 7, "Business Combinations and Other Transactions" for further information regarding the $14.2 million gain on asset acquisition and $8.5 million gain on sale of business and Note 9, "Long-term Debt" for further information on the $5.5 million loss on extinguishment of long-term debt recognized during the nine months ended September 30, 2019.
Additionally, refer to Note 8, "Cash, Concentration of Credit Risk and Fair Value of Financial Instruments," for further information regarding the $3.3 million partial impairment of a strategic long-term investment during third quarter 2019 which is included in the "Other" caption in the table above. During the three and nine months ended September 30, 2018, we recognized an aggregate $8.4 million loss resulting from the sale of our entire ownership interest in one of our strategic long-term investments and the impairment of a separate strategic long-term investment. These items are also included in the "Other" caption in the table above.