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GOODWILL AND INTANGIBLE ASSETS | 12 Months Ended
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Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | NOTE 5—GOODWILL AND INTANGIBLE ASSETS Goodwill and intangible assets, net, are as follows:
| December 31,
| 2020 |  | 2019
| (In thousands)
Goodwill | $ | 1,270,532 |  |  | $ | 1,239,839 |
Intangible assets with indefinite lives | 226,605 |  |  | 221,199 |
Intangible assets with definite lives, net | 4,295 |  |  | 7,125 |
Total goodwill and intangible assets, net | $ | 1,501,432 |  |  | $ | 1,468,163 |
For the year ended December 31, 2019, the Company recognized an impairment charge on the Match brand in the UK of $6.6 million. During the year ended December 31, 2020, the Company recognized additional impairment charges totaling $4.6 million related to the Match brand in the UK and the Meetic brand in Europe as the outbreak of COVID-19 placed additional pressure on projected 2020 revenues at these brands. These charges are included within amortization expense in the consolidated statement of operations for the years then ended. The following table presents the balance of goodwill, including the changes in the carrying value of goodwill, for the years ended December 31, 2020 and 2019:
| December 31,
| 2020 |  | 2019
| (In thousands)
Balance at January 1 | $ | 1,239,839 |  |  | $ | 1,245,012 |
Additions | — |  |  | 3,553 |
Foreign Exchange Translation | 30,948 |  |  | (8,726) |
Other | (255) |  |  | — |
Balance at December 31 | $ | 1,270,532 |  |  | $ | 1,239,839 |
Intangible assets with indefinite lives are trade names and trademarks acquired in various acquisitions. At December 31, 2020 and 2019, intangible assets with definite lives are as follows:
| December 31, 2020
| Gross Carrying Amount |  | Accumulated Amortization |  | Net |  | Weighted-Average Useful Life (Years)
| (In thousands) |  |
Patent and technology | $ | 11,044 |  |  | $ | (6,943) |  |  | $ | 4,101 |  |  | 9.3
Trade names | 5,114 |  |  | (5,114) |  |  | — |  |  | —
Other | 3,688 |  |  | (3,494) |  |  | 194 |  |  | 3.0
Total | $ | 19,846 |  |  | $ | (15,551) |  |  | $ | 4,295 |  |  | 9.0
| December 31, 2019
| Gross Carrying Amount |  | Accumulated Amortization |  | Net |  | Weighted-Average Useful Life (Years)
| (In thousands) |  |
Patent and technology | $ | 10,797 |  |  | $ | (5,876) |  |  | $ | 4,921 |  |  | 8.9
Trade names | 6,297 |  |  | (4,986) |  |  | 1,311 |  |  | 3.0
Other | 3,775 |  |  | (2,882) |  |  | 893 |  |  | 4.0
Total | $ | 20,869 |  |  | $ | (13,744) |  |  | $ | 7,125 |  |  | 7.2
At December 31, 2020, amortization of intangible assets with definite lives is estimated to be as follows:
| (In thousands)
2021 | $ | 813 |
2022 | 706 |
2023 | 596 |
2024 | 450 |
2025 and thereafter | 1,730 |
Total | $ | 4,295 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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