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Goodwill and Other Intangible Assets | 12 Months Ended
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Dec. 31, 2018
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, 2018 | U.S. operations segment |  | Latin America operations segment |  | Total
Balance, beginning of year | $ | 743,997 |  |  | $ | 87,148 |  |  | $ | 831,145 |
Acquisitions (see Note 3) | 15,541 |  |  | 71,427 |  |  | 86,968 |
Effect of foreign currency translation | — |  |  | (694 | ) |  | (694 | )
Balance, end of year | $ | 759,538 |  |  | $ | 157,881 |  |  | $ | 917,419 |
December 31, 2017 |  |  |  |  |
Balance, beginning of year | $ | 746,204 |  |  | $ | 84,947 |  |  | $ | 831,151 |
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 |
The Company performed its annual assessment of goodwill and determined there was no impairment as of December 31, 2018 and 2017. Definite-Lived Intangible Assets The following table summarizes the components of gross and net definite-lived intangible assets subject to amortization (in thousands):
|  | As of December 31,
|  | 2018 |  | 2017
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Customer relationships |  | $ | 25,453 |  |  | $ | (18,955 | ) |  | $ | 6,498 |  |  | $ | 24,533 |  |  | $ | (15,256 | ) |  | $ | 9,277 |
Executive non-compete agreements |  | 8,700 |  |  | (8,700 | ) |  | — |  |  | 8,700 |  |  | (5,800 | ) |  | 2,900 |
|  | $ | 34,153 |  |  | $ | (27,655 | ) |  | $ | 6,498 |  |  | $ | 33,233 |  |  | $ | (21,056 | ) |  | $ | 12,177 |
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 were amortized on a straight-line basis over the life of the executive non-compete agreements and are fully amortized as of December 31, 2018. Amortization expense for definite-lived intangible assets was $6.6 million, $10.7 million and $5.2 million for the years ended December 31, 2018, 2017 and 2016, respectively. The remaining weighted-average amortization period for customer relationships is 1.4 years. Estimated future amortization expense is as follows (in thousands):
Fiscal |
2019 | $ | 2,774 |
2020 | 2,236 |
2021 | 1,185 |
2022 | 184 |
2023 | 119 |
| $ | 6,498 |
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, 2018 and 2017. Indefinite-lived intangible assets as of December 31, 2018 and 2017, consist of the following (in thousands):
|  | As of December 31,
|  | 2018 |  | 2017
Trade names |  | $ | 46,300 |  |  | $ | 46,300 |
Pawn licenses (1) |  | 34,092 |  |  | 34,092 |
Other indefinite-lived intangibles |  | 1,250 |  |  | 1,250 |
|  | $ | 81,642 |  |  | $ | 81,642 |
(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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2144439 + Details
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