XML 38 R24.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Goodwill and Other Intangible Assets (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Indefinite-Lived Intangible Assets | The following table sets forth the gross carrying amounts and accumulated amortization of the Company’s other intangible assets as of March 31, 2018 and December 31, 2017:
| March 31, 2018 |  | December 31, 2017
(in thousands) | Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization
Definite-lived intangible assets: |  |  |  |  |  |  |
Contracts and related customer relationships | $ | 6,908,491 |  |  | $ | (2,008,075 | ) |  | $ | 6,748,355 |  |  | $ | (1,749,327 | )
Dealer relationships | 1,603,700 |  |  | (167,404 | ) |  | 1,605,910 |  |  | (146,299 | )
Other | 197,588 |  |  | (151,747 | ) |  | 195,363 |  |  | (130,227 | )
Total amortizable intangible assets | 8,709,779 |  |  | (2,327,226 | ) |  | 8,549,628 |  |  | (2,025,853 | )
Indefinite-lived intangible assets: |  |  |  |  |  |  |
Trade name | 1,333,000 |  |  | — |  |  | 1,333,000 |  |  | — |
Total intangible assets | $ | 10,042,779 |  |  | $ | (2,327,226 | ) |  | $ | 9,882,628 |  |  | $ | (2,025,853 | )
Schedule of Finite-Lived Intangible Assets | The following table sets forth the gross carrying amounts and accumulated amortization of the Company’s other intangible assets as of March 31, 2018 and December 31, 2017:
| March 31, 2018 |  | December 31, 2017
(in thousands) | Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization
Definite-lived intangible assets: |  |  |  |  |  |  |
Contracts and related customer relationships | $ | 6,908,491 |  |  | $ | (2,008,075 | ) |  | $ | 6,748,355 |  |  | $ | (1,749,327 | )
Dealer relationships | 1,603,700 |  |  | (167,404 | ) |  | 1,605,910 |  |  | (146,299 | )
Other | 197,588 |  |  | (151,747 | ) |  | 195,363 |  |  | (130,227 | )
Total amortizable intangible assets | 8,709,779 |  |  | (2,327,226 | ) |  | 8,549,628 |  |  | (2,025,853 | )
Indefinite-lived intangible assets: |  |  |  |  |  |  |
Trade name | 1,333,000 |  |  | — |  |  | 1,333,000 |  |  | — |
Total intangible assets | $ | 10,042,779 |  |  | $ | (2,327,226 | ) |  | $ | 9,882,628 |  |  | $ | (2,025,853 | )
For the three months ended March 31, 2018, the changes in the net carrying amount of customer contracts acquired and customer relationships were as follows:
(in thousands) |
Balance as of December 31, 2017 | $ | 4,999,028 |
Acquisition of customer relationships | 13,394 |
Customer contract additions, net of dealer charge-backs | 160,065 |
Amortization | (261,114 | )
Currency translation and other | (10,957 | )
Balance as of March 31, 2018 | $ | 4,900,416 |
Finite-lived Intangible Assets Amortization Expense | Amortization expense for definite-lived intangible assets for the periods presented was as follows:
| For the Three Months Ended
(in thousands) | March 31, 2018 |  | March 31, 2017
Definite-lived intangible asset amortization expense | $ | 303,977 |  |  | $ | 288,293 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | The estimated aggregate amortization expense for definite-lived intangible assets is expected to be as follows:
(in thousands) |
Remainder of 2018 | $ | 862,245 |
2019 | $ | 1,079,054 |
2020 | $ | 1,037,013 |
2021 | $ | 944,550 |
2022 | $ | 605,323 |
2023 | $ | 256,004 |

X
- Definition Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life. + References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -Subparagraph (b),(d) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 + Details
Name: | us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration