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Intangible Franchise Rights and Goodwill
 12 Months Ended
Dec. 31, 2018
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 (in thousands):
 
 
Intangible Franchise Rights
 
 
U.S.
 
U.K.
 
Brazil
 
Total
BALANCE, December 31, 2016
 
$
260,534

 
$
17,337

 
$
7,005

 
$
284,876

Additions through acquisitions
 
8,035

 
10,133

 
—

 
18,168

Impairments
 
(12,588
)
 
—

 
(6,744
)
 
(19,332
)
Currency translation
 
—

 
2,013

 
(93
)
 
1,920

BALANCE, December 31, 2017
 
255,981

 
29,483

 
168

 
285,632

Additions through acquisitions
 
11,540

 
8,423

 
—

 
19,963

Disposals
 
(4,872
)
 
—

 
—

 
(4,872
)
Impairments
 
(38,255
)
 
(485
)
 
—

 
(38,740
)
Currency translation
 
—

 
(2,329
)
 
(24
)
 
(2,353
)
BALANCE, December 31, 2018
 
$
224,394

 
$
35,092


$
144

 
$
259,630


The decrease in the Company’s intangible franchise rights in 2018 was primarily related to impairments above in the U.S. and U.K. The decrease was partially offset by the addition of franchise rights related to acquisitions. See Note 4, “Acquisitions and Dispositions”, for additional information.
The increase in the Company’s intangible franchise rights in 2017 was primarily related to the addition of franchise rights associated with the purchase of 12 dealerships in the U.K. and three dealerships in the U.S., offset by impairments in the U.S. and Brazil of $12.6 million and $6.7 million, respectively.
 
 
Goodwill
 
 
U.S.
 
U.K.
 
Brazil
 
Total
BALANCE, December 31, 2016
 
$
805,935

 
$
57,054

 
$
13,774

 
$
876,763

(1) 
Additions through acquisitions
 
29,332

 
2,575

 
95

 
32,002

 
Disposals
 
—

 
—

 
(933
)
 
(933
)
 
Currency translation
 
—

 
5,405

 
(203
)
 
5,202

 
BALANCE, December 31, 2017
 
835,267

 
65,034


12,733

 
913,034

(1) 
Additions through acquisitions
 
39,703

 
28,475

 
4,284

 
72,462

 
Purchase price allocation adjustments
 
19

 
—

 
—

 
19

 
Disposals and assets held for sale
 
(13,361
)
 
—

 
—

 
(13,361
)
 
Currency translation
 
—

 
(5,922
)
 
(2,307
)
 
(8,229
)
 
BALANCE, December 31, 2018
 
$
861,628

 
$
87,587


$
14,710

 
$
963,925

(1) 

(1) Net of accumulated impairments of $97.8 million
The increase in the Company’s goodwill in 2018 was primarily related to the goodwill associated with the Company’s acquisitions. The increase was partially offset by disposals of certain dealerships in the U.S. and the reclassification of goodwill to Prepaid expenses and other current assets on the Company’s Consolidated Balance Sheets related to three pending dispositions qualifying as held-for-sale assets. See Note 4, “Acquisitions and Dispositions”, for additional information. The goodwill associated with the acquisitions in the U.S. and Brazil are expected to be deductible for tax purposes, while the goodwill associated with the acquisition in the U.K. is not expected to be deductible for tax purposes.
The increase in the Company’s goodwill in 2017 was primarily related to the goodwill associated with the purchase of three dealerships in the U.S. and 12 dealerships in the U.K., and foreign currency translation adjustments in the U.K. and Brazil. The increase was partially offset by the disposal of two dealerships in Brazil.