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Goodwill and Other Intangible Assets | 12 Months Ended
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Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | GOODWILL AND OTHER INTANGIBLE ASSETS Goodwill Changes in the carrying value of goodwill by segment were as follows (in thousands):
December 31, 2017 | U.S. operations segment |  | Latin America operations segment |  | Total
Balance, beginning of year | $ | 746,204 |  |  | $ | 84,947 |  |  | $ | 831,151 |
Merger and other acquisitions (see Note 3) | 414 |  |  | 140 |  |  | 554 |
Effect of foreign currency translation | — |  |  | 2,061 |  |  | 2,061 |
Other adjustments | (2,621 | ) |  | — |  |  | (2,621 | )
Balance, end of year | $ | 743,997 |  |  | $ | 87,148 |  |  | $ | 831,145 |
December 31, 2016 |  |  |  |  |
Balance, beginning of year | $ | 222,901 |  |  | $ | 72,708 |  |  | $ | 295,609 |
Merger and other acquisitions (see Note 3) | 523,303 |  |  | 20,413 |  |  | 543,716 |
Effect of foreign currency translation | — |  |  | (8,276 | ) |  | (8,276 | )
Other adjustments | — |  |  | 102 |  |  | 102 |
Balance, end of year | $ | 746,204 |  |  | $ | 84,947 |  |  | $ | 831,151 |
The Company performed its annual assessment of goodwill and determined there was no impairment as of December 31, 2017 and 2016. As a result of the Company’s fiscal 2015 goodwill impairment analysis, a $7.9 million goodwill impairment charge was recorded associated with its U.S. consumer loan operations reporting unit, which is no longer a goodwill reporting unit of the Company. Therefore, accumulated goodwill impairment included in the goodwill balance at January 1, 2016 was $7.9 million. Definite-Lived Intangible Assets The following table summarizes the components of gross and net definite-lived intangibles assets subject to amortization as of December 31, 2017 and 2016 (in thousands):
|  | As of December 31,
|  | 2017 |  | 2016
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Customer relationships |  | $ | 24,533 |  |  | $ | (15,256 | ) |  | $ | 9,277 |  |  | $ | 24,452 |  |  | $ | (8,861 | ) |  | $ | 15,591 |
Executive non-compete agreements |  | 8,700 |  |  | (5,800 | ) |  | 2,900 |  |  | 8,700 |  |  | (1,450 | ) |  | 7,250 |
|  | $ | 33,233 |  |  | $ | (21,056 | ) |  | $ | 12,177 |  |  | $ | 33,152 |  |  | $ | (10,311 | ) |  | $ | 22,841 |
The customer relationships are generally amortized using an accelerated amortization method that reflects the future cash flows expected from the returning pawn customers. The executive non-compete agreements are being amortized over a straight-line basis over the life of the executive non-compete agreements. Amortization expense for definite-lived intangible assets was $10.7 million, $5.2 million and $1.8 million for the years ended December 31, 2017, 2016 and 2015, respectively. The remaining weighted-average amortization period for customer relationships, executive non-compete agreements and total definite-lived intangible assets is 1.5, 0.4 and 1.3 years, respectively. Estimated future amortization expense is as follows (in thousands):
Fiscal |
2018 | $ | 6,533 |
2019 | 2,590 |
2020 | 2,053 |
2021 | 1,001 |
2022 | — |
| $ | 12,177 |
Indefinite-Lived Intangible Assets The Company performed its annual assessment of indefinite-lived intangible assets and determined there was no impairment as of December 31, 2017 and 2016. Indefinite-lived intangible assets as of December 31, 2017 and 2016, consist of the following (in thousands):
|  | As of December 31,
|  | 2017 |  | 2016
Trade names |  | $ | 46,300 |  |  | $ | 46,300 |
Pawn licenses (1) |  | 34,092 |  |  | 34,083 |
Franchise agreements related to check-cashing operation |  | 1,250 |  |  | 1,250 |
|  | $ | 81,642 |  |  | $ | 81,633 |
(1) | Costs to renew licenses with indefinite lives are expensed as incurred and recorded in store operating expenses in the consolidated statements of income.

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- Definition The entire disclosure for goodwill. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2144439 + Details
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