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Goodwill and other intangible assets
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and other intangible assets
Goodwill and other intangible assets
Information regarding the Company’s goodwill and intangible assets as of December 31, 2018 is as follows (in thousands):
 
Estimated useful life
 
Gross carrying amount
 
Accumulated amortization
 
Net carrying amount
Customer relationships – retailers
10 years
 
$
68,800

 
$
(33,827
)
 
$
34,973

Customer relationships – e-commerce
3 years
 
3,900

 
(3,900
)
 

Total finite-lived intangibles
 
 
72,700

 
(37,727
)
 
34,973

Trademarks
Indefinite
 
63,800

 

 
63,800

Goodwill
 
 
157,264

 

 
157,264

Total goodwill and other intangibles
 
 
$
293,764

 
$
(37,727
)
 
$
256,037


Information regarding the Company’s goodwill and intangible assets as of December 31, 2017 is as follows (in thousands):
 
Estimated useful life
 
Gross carrying amount
 
Accumulated amortization
 
Net carrying amount
Customer relationships – retailers
10 years
 
$
68,800

 
$
(26,947
)
 
$
41,853

Customer relationships – e-commerce
3 years
 
3,900

 
(3,875
)
 
25

Favorable leases, net
Varies
 
580

 
(376
)
 
204

Total finite-lived intangibles
 
 
73,280

 
(31,198
)
 
42,082

Trademarks
Indefinite
 
63,800

 

 
63,800

Goodwill
 
 
157,264

 

 
157,264

Total goodwill and other intangibles
 
 
$
294,344

 
$
(31,198
)
 
$
263,146

The Company has not recognized any impairment charges on its goodwill or intangible assets, as the anticipated future cash flows generated by each of these assets remain substantially in excess of their carrying values. Amortization expense on the finite-lived intangible assets was $7.1 million for the years ended December 31, 2018 and 2017, and $8.3 million in the year ended December 31, 2016.
The estimated future amortization expense related to the finite-lived intangible assets, assuming no impairment as of December 31, 2018, is as follows (in thousands):
Year ending December 31,
 
2019
$
6,880

2020
6,880

2021
6,880

2022
6,880

2023
6,880

Thereafter
573

Total
$
34,973