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Goodwill and Other Intangible Assets (Tables) - USD ($)

6 Months Ended

Jun. 30, 2020

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Indefinite-Lived Intangible Assets

The gross carrying amounts, accumulated amortization, and net carrying amounts of the Company’s other intangible assets as of June 30, 2020 and December 31, 2019 were as follows:

			June 30, 2020																														December 31, 2019
(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			$	8,067,110					$	(4,366,510)					$	3,700,600					$	7,889,864					$	(3,798,319)					$	4,091,545
Dealer relationships			1,518,020						(339,499)						1,178,521						1,518,020						(299,459)						1,218,561
Other			205,175						(182,768)						22,407						210,775						(184,236)						26,539
Total definite-lived intangible assets			9,790,305						(4,888,777)						4,901,528						9,618,659						(4,282,014)						5,336,645
Indefinite-lived intangible assets:
Trade name			1,333,000						—						1,333,000						1,333,000						—						1,333,000
Intangible assets			$	11,123,305					$	(4,888,777)					$	6,234,528					$	10,951,659					$	(4,282,014)					$	6,669,645

Schedule of Finite-Lived Intangible Assets

The gross carrying amounts, accumulated amortization, and net carrying amounts of the Company’s other intangible assets as of June 30, 2020 and December 31, 2019 were as follows:

			June 30, 2020																														December 31, 2019
(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			$	8,067,110					$	(4,366,510)					$	3,700,600					$	7,889,864					$	(3,798,319)					$	4,091,545
Dealer relationships			1,518,020						(339,499)						1,178,521						1,518,020						(299,459)						1,218,561
Other			205,175						(182,768)						22,407						210,775						(184,236)						26,539
Total definite-lived intangible assets			9,790,305						(4,888,777)						4,901,528						9,618,659						(4,282,014)						5,336,645
Indefinite-lived intangible assets:
Trade name			1,333,000						—						1,333,000						1,333,000						—						1,333,000
Intangible assets			$	11,123,305					$	(4,888,777)					$	6,234,528					$	10,951,659					$	(4,282,014)					$	6,669,645

For the six months ended June 30, 2020, the changes in the net carrying amount of contracts and related customer relationships were as follows:

(in thousands)
Beginning balance			$	4,091,545
Acquisition of customer relationships			17,000
Customer contract additions, net of dealer charge-backs			160,046
Amortization			(568,191)
Other			200
Ending balance			$	3,700,600

Schedule of Goodwill

The changes in the carrying amount of goodwill during the six months ended June 30, 2020 were as follows:

(in thousands)
Beginning balance			$	4,959,658
Acquisitions			259,488
Other			215
Ending balance			$	5,219,361

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																		For the Six Months Ended
(in thousands)						June 30, 2020						June 30, 2019						June 30, 2020						June 30, 2019
Definite-lived intangible asset amortization expense						$	305,407					$	311,221					$	612,363					$	617,528

Goodwill, Impaired, Accumulated Impairment Loss

$ 0

$ 0

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
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-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

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