XML 45 R29.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Goodwill and Intangible Assets (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets and Goodwill | The following table summarizes information related to indefinite-lived intangible assets at December 31:
| December 31,
(In Thousands) | 2021 |  | 2020
Trade Name | $ | 53,000 |  |  | $ | 53,000 |
Goodwill 1 | 306,212 |  |  | 288,801 |
Indefinite-lived Intangible Assets | $ | 359,212 |  |  | $ | 341,801 |
1 As of December 31, 2021, the amount of goodwill related to Progressive Leasing and Four was $288.8 million and $17.4 million, respectively.
Summary of Identifiable Intangible Assets | The following table summarizes information related to definite-lived intangible assets at December 31:
| 2021 | 2020
(In Thousands) | Gross |  | Accumulated Amortization |  | Net | Gross |  | Accumulated Amortization |  | Net
Acquired Internal-Use Software | $ | 14,000 |  |  | $ | (14,000) |  |  | $ | — |  | $ | 14,000 |  |  | $ | (14,000) |  |  | $ | — |
Technology | 72,550 |  |  | (53,862) |  |  | 18,688 |  | 68,550 |  |  | (46,861) |  |  | 21,689 |
Merchant Relationships | 181,586 |  |  | (116,498) |  |  | 65,088 |  | 181,000 |  |  | (101,268) |  |  | 79,732 |
Other Intangibles 1 | 587 |  |  | (58) |  |  | 529 |  | — |  |  | — |  |  | — |
Total | $ | 268,723 |  |  | $ | (184,418) |  |  | $ | 84,305 |  | $ | 263,550 |  |  | $ | (162,129) |  |  | $ | 101,421 |
1 Other intangibles consists of the Four trade name.
Estimated Future Amortization Expense | As of December 31, 2021, estimated future amortization expense for the next five years related to definite-lived intangible assets is as follows:
(In Thousands) |
2022 | $ | 22,894 |
2023 | 22,747 |
2024 | 17,889 |
2025 | 16,001 |
2026 | 4,774 |

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 assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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=121556970&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration