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Goodwill and Other Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill by Operating Segment

A summary of changes in the carrying amount of goodwill by operating segment for the years ended December 31, 2019 and 2018 were as follows (in thousands): 

 

 

 

Financial

Services

 

 

Benefits and

Insurance

Services

 

 

National

Practices

 

 

Total

Goodwill

 

December 31, 2017

 

$

306,861

 

 

$

219,897

 

 

$

1,666

 

 

$

528,424

 

Additions

 

 

22,978

 

 

 

13,111

 

 

 

 

 

 

36,089

 

Divestitures

 

 

(213

)

 

 

-

 

 

 

 

 

 

(213

)

December 31, 2018

 

$

329,626

 

 

$

233,008

 

 

$

1,666

 

 

$

564,300

 

Additions

 

 

5,077

 

 

 

19,292

 

 

 

 

 

 

24,369

 

Divestitures

 

 

(456

)

 

 

 

 

 

 

 

 

(456

)

December 31, 2019

 

$

334,247

 

 

$

252,300

 

 

$

1,666

 

 

$

588,213

 

 

Components of Goodwill and Other Intangible Assets, Net

The components of goodwill and other intangible assets, net at December 31, 2019 and 2018 were as follows (in thousands):

 

 

 

2019

 

 

2018

 

Goodwill

 

$

588,213

 

 

$

564,300

 

Intangibles :

 

 

 

 

 

 

 

 

Client lists

 

 

188,898

 

 

 

181,564

 

Other intangibles

 

 

9,882

 

 

 

9,447

 

Total intangibles

 

 

198,780

 

 

 

191,011

 

Total goodwill and other intangibles assets

 

 

786,993

 

 

 

755,311

 

Accumulated amortization:

 

 

 

 

 

 

 

 

Client lists

 

 

(125,887

)

 

 

(112,905

)

Other intangibles

 

 

(6,435

)

 

 

(5,397

)

Total accumulated amortization

 

 

(132,322

)

 

 

(118,302

)

Goodwill and other intangible assets, net

 

$

654,671

 

 

$

637,009