Goodwill and Intangible Assets

9 Months Ended

Sep. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

The following is a summary of the carrying amount of goodwill by segment as of September 30, 2017:



	Wholesale						Net Carrying Amount
	Footwear		Accessories		Retail		Net Carrying Amount
Balance at January 1, 2017	$	72,261	$	49,324	$	14,126	$	135,711
Acquisitions	16,353		—		—		16,353
Translation and other	1,213		—		697		1,910
Balance at September 30, 2017	$	89,827	$	49,324	$	14,823	$	153,974

Note L – Goodwill and Intangible Assets (continued)

The following table details identifiable intangible assets as of September 30, 2017:



	Estimated Lives	Cost Basis		Accumulated Amortization (1)		Net Carrying Amount
Trade names	6–10 years	$	8,590	$	4,357	$	4,233
Customer relationships	10 years	45,409		23,117		22,292
License agreements	3–6 years	5,600		5,600		—
Non-compete agreement	5 years	2,440		2,354		86
Re-acquired right	2 years	4,200		4,200		—
Other	3 years	14		14		—
		66,253		39,642		26,611
Re-acquired right	indefinite	35,200		7,451		27,749
Trademarks	indefinite	97,288		—		97,288
		$	198,741	$	47,093	$	151,648

(1) Includes the effect of foreign currency translation related primarily to the movements of the Canadian dollar and Mexican peso in relation to the U.S. dollar.

The estimated future amortization expense of purchased intangibles as of September 30, 2017 is as follows:



2017 (remaining three months)	$	1,113
2018	4,454
2019	4,380
2020	3,560
2021	1,884
Thereafter	11,220
	$	26,611

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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