XML 62 R41.htm IDEA: XBRL DOCUMENT
v3.19.1

Goodwill and Intangible Assets (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill |
Goodwill | Global Integrated Agencies |  | Domestic Creative Agencies |  | Specialist Communications |  | Media Services |  | All Other |  | Total
Balance at December 31, 2016 | $ | 350,716 |  |  | $ | 36,762 |  |  | $ | 78,691 |  |  | $ | 176,686 |  |  | $ | 201,904 |  |  | $ | 844,759 |
Acquired goodwill | — |  |  | — |  |  | — |  |  | — |  |  |  |  |  | — |
Disposition | (964 | ) |  | — |  |  | — |  |  | (16,629 | ) |  | — |  |  | (17,593 | )
Impairment loss recognized | (2,741 | ) |  | — |  |  | — |  |  | (497 | ) |  | — |  |  | (3,238 | )
Transfer of goodwill between segments | 6,371 |  |  | — |  |  | — |  |  | 497 |  |  | (6,868 | ) |  | — |
Foreign currency translation | 5,689 |  |  | 218 |  |  | 15 |  |  | — |  |  | 6,085 |  |  | 12,007 |
Balance at December 31, 2017 | $ | 359,071 |  |  | $ | 36,980 |  |  | $ | 78,706 |  |  | $ | 160,057 |  |  | $ | 201,121 |  |  | $ | 835,935 |
Acquired goodwill | — |  |  | — |  |  | 4,816 |  |  | — |  |  | 32,776 |  |  | 37,592 |
Impairment loss recognized | (17,828 | ) |  | — |  |  | — |  |  | (52,041 | ) |  | (4,691 | ) |  | (74,560 | )
Transfer of goodwill between segments | 17,081 |  |  | 2,066 |  |  | — |  |  | 3,773 |  |  | (22,920 | ) |  | — |
Transfer of goodwill to asset held for sale (1) | — |  |  | — |  |  | — |  |  | — |  |  | (45,224 | ) |  | (45,224 | )
Foreign currency translation | (5,169 | ) |  | (266 | ) |  | (19 | ) |  | (443 | ) |  | (6,891 | ) |  | (12,788 | )
Balance at December 31, 2018 | $ | 353,155 |  |  | $ | 38,780 |  |  | $ | 83,503 |  |  | $ | 111,346 |  |  | $ | 154,171 |  |  | $ | 740,955 |
(1) See Note 5 of the Notes to the Consolidated Financial Statements included herein for additional information. The Company recognized an impairment of goodwill and other assets of $80,057 for the twelve months ended December 31, 2018. The impairment primarily consists of the write-down of goodwill equal to the excess carrying value above the fair value of three reporting units, one in each of the Global Integrated Agencies reportable segment, the Media Services reportable segment and within the All Other category. The impairment of goodwill was in connection with the Company’s interim and annual impairment tests performed in 2018. See below for information regarding an impairment of a tradename. The Company recognized an impairment of goodwill and other assets of $4,415 for the twelve months ended December 31, 2017. The impairment primarily consists of the write-down of goodwill equal to the excess carrying value above the fair value of two reporting units, one in each of the Global Integrated Agencies reportable segment and the Media Services reportable segment.The impairment of goodwill was in connection with the Company’s annual impairment test performed in 2017. The Company recognized an impairment of goodwill of $48,524 for the twelve months ended December 31, 2016. The impairment was recognized at three reporting units, the Specialist Communications reportable segment, Media Services reportable segment and All Other reportable segment. The impairment of goodwill was in connection with the Company’s interim and annual impairment tests performed in 2016. The total accumulated goodwill impairment charges are $173,205 through December 31, 2018. As of December 31, the gross and net amounts of acquired intangible assets other than goodwill were as follows:
|  | For the Year Ended December 31,
Intangible Assets |  | 2018 |  | 2017
Trademarks (indefinite life) |  | $ | 14,600 |  |  | $ | 17,780 |
Customer relationships – gross |  | $ | 93,296 |  |  | $ | 102,325 |
Less accumulated amortization |  | (59,144 | ) |  | (73,767 | )
Customer relationships – net |  | $ | 34,152 |  |  | $ | 28,558 |
Other intangibles – gross |  | $ | 40,803 |  |  | $ | 37,273 |
Less accumulated amortization |  | (21,790 | ) |  | (13,006 | )
Other intangibles – net |  | $ | 19,013 |  |  | $ | 24,267 |
Total intangible assets |  | $ | 148,699 |  |  | $ | 157,378 |
Less accumulated amortization |  | (80,934 | ) |  | (86,773 | )
Total intangible assets – net |  | $ | 67,765 |  |  | $ | 70,605 |
Schedule of Intangible Assets and Goodwill |
|  | For the Year Ended December 31,
Intangible Assets |  | 2018 |  | 2017
Trademarks (indefinite life) |  | $ | 14,600 |  |  | $ | 17,780 |
Customer relationships – gross |  | $ | 93,296 |  |  | $ | 102,325 |
Less accumulated amortization |  | (59,144 | ) |  | (73,767 | )
Customer relationships – net |  | $ | 34,152 |  |  | $ | 28,558 |
Other intangibles – gross |  | $ | 40,803 |  |  | $ | 37,273 |
Less accumulated amortization |  | (21,790 | ) |  | (13,006 | )
Other intangibles – net |  | $ | 19,013 |  |  | $ | 24,267 |
Total intangible assets |  | $ | 148,699 |  |  | $ | 157,378 |
Less accumulated amortization |  | (80,934 | ) |  | (86,773 | )
Total intangible assets – net |  | $ | 67,765 |  |  | $ | 70,605 |
Finite-lived Intangible Assets Amortization Expense | The estimated amortization expense for the five succeeding years is as follows:
Year |  | Amortization
2019 |  | $ | 12,257 |
2020 |  | 9,601 |
2021 |  | 8,220 |
2022 |  | 7,666 |
2023 and thereafter |  | 15,421 |

X
- Definition Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life. + References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration