Goodwill and Intangible Assets

9 Months Ended

Sep. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

The following is a summary of the carrying amount of goodwill by segment as of September 30, 2019:



	Wholesale						Net Carrying Amount
	Footwear		Accessories/ Apparel		Retail		Net Carrying Amount
Balance at January 1, 2019	$	84,551	$	49,324	$	14,237	$	148,112
Acquisitions	—		11,955		4,644		16,599
Translation and other	6,687		—		14		6,701
Balance at September 30, 2019	$	91,238	$	61,279	$	18,895	$	171,412

The following table details identifiable intangible assets as of September 30, 2019:



	Estimated Lives	Cost Basis		Accumulated Amortization (1)		Impairment (2) (3)		Net Carrying Amount
Trade names	6–10 years	$	9,220	$	8,592	$	—	$	628
Customer relationships	10–20 years	50,689		30,350		—		20,339
License agreements	3–6 years	5,600		5,600		—		—
Non-compete agreement	5 years	2,440		2,440		—		—
Re-acquired right	2 years	4,200		4,200		—		—
Other	3 years	14		14		—		—
		72,163		51,196		—		20,967
Re-acquired right	indefinite	35,200		8,736		—		26,464
Trademarks	indefinite	123,593		—		8,095		115,498
		$	230,956	$	59,932	$	8,095	$	162,929

(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. Includes acceleration of accumulated amortization of the trade names of $1,132, related to the termination of the Kate Spade license agreement, which will occur by the end of the current fiscal year.

(2) An impairment charge of $3,045 was recorded in the first quarter of 2015, and a final impairment charge of $1,000 was recorded in the fourth quarter of 2017 related to the Company's Wild Pair trademark. The impairment was triggered by a loss of future anticipated cash flows from a significant customer.

(3) An impairment charge of $4,050 was recorded in the second quarter of 2019 related to the Company's Brian Atwood trademark. The impairment was triggered by the Company's decision to discontinue distribution of the brand as the Company explores alternatives.

The amortization of intangible assets amounted to $1,333 and $4,000 for the three and nine months ended September 30, 2019, respectively, compared to $1,539 and $4,170 for the three and nine months ended September 30, 2018 and is included in operating expenses in the Company's Condensed Consolidated Statements of Income. The estimated future amortization expense of purchased intangibles as of September 30, 2019 is as follows:



2019 (remaining three months)	$	1,202
2020	2,904
2021	2,229
2022	1,796
2023	1,796
Thereafter	11,040
	$	20,967