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Intangible Franchise Rights and Goodwill | 12 Months Ended
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Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract] |
INTANGIBLE FRANCHISE RIGHTS AND GOODWILL | INTANGIBLE FRANCHISE RIGHTS AND GOODWILL The following is a roll-forward of the Company’s intangible franchise rights and goodwill accounts by reportable segment:
|  | Intangible Franchise Rights
|  | U.S. |  | U.K. |  | Brazil |  | Total
|  | (In thousands)
BALANCE, December 31, 2013 |  | $ | 216,412 |  |  | $ | 8,659 |  |  | $ | 76,434 |  |  | $ | 301,505 |
Additions through acquisitions |  | 60,122 |  |  | — |  |  | 2,490 |  |  | 62,612 |
Purchase price allocation adjustments |  | (2,114 | ) |  | — |  |  | (9,061 | ) |  | (11,175 | )
Disposals |  | (12,075 | ) |  | — |  |  | — |  |  | (12,075 | )
Impairments |  | (4,843 | ) |  | — |  |  | (24,085 | ) |  | (28,928 | )
Currency translation |  | — |  |  | (502 | ) |  | (7,490 | ) |  | (7,992 | )
BALANCE, December 31, 2014 |  | 257,502 |  |  | 8,157 |  |  | 38,288 |  |  | 303,947 |
Additions through acquisitions |  | 49,432 |  |  | — |  |  | — |  |  | 49,432 |
Disposals |  | (3,188 | ) |  | — |  |  | — |  |  | (3,188 | )
Impairments |  | (18,087 | ) |  | — |  |  | (12,024 | ) |  | (30,111 | )
Currency translation |  | — |  |  | (384 | ) |  | (12,108 | ) |  | (12,492 | )
BALANCE, December 31, 2015 |  | $ | 285,659 |  |  | $ | 7,773 |  |  | $ | 14,156 |  |  | $ | 307,588 |
|  | Goodwill |
|  | U.S. |  | U.K. |  | Brazil |  | Total |
|  | (In thousands) |
BALANCE, December 31, 2013 |  | $ | 612,468 |  |  | $ | 19,602 |  |  | $ | 105,233 |  |  | $ | 737,303 |  | (1)
Additions through acquisitions |  | 103,924 |  |  | 16,802 |  |  | — |  |  | 120,726 |  |
Purchase price allocation adjustments |  | 1,459 |  |  | — |  |  | 4,536 |  |  | 5,995 |  |
Disposals |  | (16,828 | ) |  | — |  |  | — |  |  | (16,828 | ) |
Impairments |  | (312 | ) |  | — |  |  | (1,813 | ) |  | (2,125 | ) |
Currency translation |  | — |  |  | (1,266 | ) |  | (13,359 | ) |  | (14,625 | ) |
Tax adjustments |  | (69 | ) |  | — |  |  | — |  |  | (69 | ) |
BALANCE, December 31, 2014 |  | 700,642 |  |  | 35,138 |  |  | 94,597 |  |  | 830,377 |  | (1)
Additions through acquisitions |  | 115,317 |  |  | — |  |  | — |  |  | 115,317 |  |
Purchase price allocation adjustments |  | (73 | ) |  | 1,930 |  |  | — |  |  | 1,857 |  |
Disposals |  | (6,088 | ) |  | — |  |  | — |  |  | (6,088 | ) |
Impairments |  | — |  |  | — |  |  | (55,386 | ) |  | (55,386 | ) |
Currency translation |  | — |  |  | (1,748 | ) |  | (29,391 | ) |  | (31,139 | ) |
Tax adjustments |  | (23 | ) |  | — |  |  | — |  |  | (23 | ) |
BALANCE, December 31, 2015 |  | $ | 809,775 |  |  | $ | 35,320 |  |  | $ | 9,820 |  |  | $ | 854,915 |  | (2)
(1) Net of accumulated impairment of $42.4 million (2) Net of accumulated impairment of $97.8 million The increase in the Company’s goodwill in 2015 was primarily related to the goodwill associated with the purchase of three dealerships in the U.S., substantially offset by a non-cash impairment recognized in Brazil, as well as foreign currency translation adjustments for the U.K. and Brazil. The increase in the Company’s goodwill in 2014 was primarily related to the goodwill associated with the purchase of seven dealerships in the U.S. and three dealerships in the U.K. The increase in the Company’s intangible franchise rights in 2015 and 2014 was primarily related to the acquisitions in the U.S. described above, substantially offset by non-cash impairments recognized in the U.S. and Brazil. The allocation of the purchase price for the 2015 acquisitions, including the valuation of intangible franchise rights and goodwill, is preliminary and based on estimates and assumptions that are subject to change within the purchase price allocation period.

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