XML 26 R11.htm IDEA: XBRL DOCUMENT
v3.19.2

Goodwill and Other Intangible Assets | 6 Months Ended
--- | ---
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets Goodwill There were no material changes in the carrying amount of goodwill during the six months ended June 30, 2019. Other Intangible Assets The gross carrying amounts, accumulated amortization, and net carrying amounts of the Company’s other intangible assets as of June 30, 2019 and December 31, 2018 were as follows:
| June 30, 2019 |  | December 31, 2018
(in thousands) | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Definite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |
Contracts and related customer relationships | $ | 7,924,412 |  |  | $ | (3,393,202 | ) |  | $ | 4,531,210 |  |  | $ | 7,568,456 |  |  | $ | (2,816,079 | ) |  | $ | 4,752,377 |
Dealer relationships | 1,602,573 |  |  | (273,420 | ) |  | 1,329,153 |  |  | 1,598,916 |  |  | (230,511 | ) |  | 1,368,405 |
Other | 215,663 |  |  | (183,052 | ) |  | 32,611 |  |  | 210,802 |  |  | (176,390 | ) |  | 34,412 |
Total definite-lived intangible assets | 9,742,648 |  |  | (3,849,674 | ) |  | 5,892,974 |  |  | 9,378,174 |  |  | (3,222,980 | ) |  | 6,155,194 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |
Trade name | 1,333,000 |  |  | — |  |  | 1,333,000 |  |  | 1,333,000 |  |  | — |  |  | 1,333,000 |
Intangible assets | $ | 11,075,648 |  |  | $ | (3,849,674 | ) |  | $ | 7,225,974 |  |  | $ | 10,711,174 |  |  | $ | (3,222,980 | ) |  | $ | 7,488,194 |
For the six months ended June 30, 2019, the changes in the net carrying amount of contracts and related customer relationships were as follows:
(in thousands) |
Beginning balance | $ | 4,752,377 |
Acquisition of customer relationships | 27,678 |
Customer contract additions, net of dealer charge-backs | 334,113 |
Amortization | (570,927 | )
Currency translation and other | (12,031 | )
Ending balance | $ | 4,531,210 |
The Company paid $334 million to purchase contracts with customers under the ADT Authorized Dealer Program and from other third parties during the six months ended June 30, 2019. The weighted-average amortization period for contracts with customers purchased under the ADT Authorized Dealer Program and from other third parties was 15 years during the six months ended June 30, 2019. Amortization expense for definite-lived intangible assets for the periods presented was as follows:
|  | For the Quarters Ended |  | For the Six Months Ended
(in thousands) |  | June 30, 2019 |  | June 30, 2018 |  | June 30, 2019 |  | June 30, 2018
Definite-lived intangible asset amortization expense |  | $ | 311,221 |  |  | $ | 308,721 |  |  | $ | 617,528 |  |  | $ | 612,698 |

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 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
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration