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Goodwill and Other Intangible Assets | 12 Months Ended
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Dec. 31, 2018
Goodwill And Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Note 9. Goodwill and Other Intangible Assets The changes in the carrying amount of goodwill are as follows:
(in thousands) |  | GES U.S. |  |  | GES International |  |  | Pursuit |  |  | Total |
Balance at December 31, 2016 |  | $ | 148,277 |  |  | $ | 34,460 |  |  | $ | 71,285 |  |  | $ | 254,022 |
Business acquisitions |  |  | — |  |  |  | 1,060 |  |  |  | 7,094 |  |  |  | 8,154 |
Foreign currency translation adjustments |  |  | — |  |  |  | 3,320 |  |  |  | 5,055 |  |  |  | 8,375 |
Balance at December 31, 2017 |  |  | 148,277 |  |  |  | 38,840 |  |  |  | 83,434 |  |  |  | 270,551 |
Foreign currency translation adjustments |  |  | — |  |  |  | (2,219 | ) |  |  | (6,929 | ) |  |  | (9,148 | )
Purchase price allocation adjustments |  |  | — |  |  |  | — |  |  |  | (73 | ) |  |  | (73 | )
Balance at December 31, 2018 |  | $ | 148,277 |  |  | $ | 36,621 |  |  | $ | 76,432 |  |  | $ | 261,330 |
The following table summarizes goodwill by reporting unit and segment:
|  | December 31, |
(in thousands) |  | 2018 |  |  | 2017 |
GES: |  |  |  |  |  |  |  |
U.S. |  | $ | 148,277 |  |  | $ | 148,277 |
International: |  |  |  |  |  |  |  |
GES EMEA |  |  | 29,954 |  |  |  | 31,612 |
GES Canada |  |  | 6,667 |  |  |  | 7,228 |
Total GES |  |  | 184,898 |  |  |  | 187,117 |
Pursuit: |  |  |  |  |  |  |  |
Banff Jasper Collection |  |  | 32,009 |  |  |  | 35,305 |
Alaska Collection |  |  | 3,184 |  |  |  | 3,184 |
Glacier Park Collection |  |  | 1,268 |  |  |  | 1,268 |
FlyOver |  |  | 39,971 |  |  |  | 43,677 |
Total Pursuit |  |  | 76,432 |  |  |  | 83,434 |
Total Goodwill |  | $ | 261,330 |  |  | $ | 270,551 |
Goodwill is tested for impairment at the reporting unit level on an annual basis as of October 31, and between annual tests if an event occurs or circumstances change that would more-likely-than-not reduce the fair value of a reporting unit below its carrying value. GES U.S. goodwill is assigned to, and tested at, the operating segment level. GES International goodwill is assigned to and tested based on the segment’s geographical operations (GES Europe, Middle East, and Asia (“GES EMEA”) and GES Canada). Pursuit’s impairment testing is performed at the reporting unit level (Banff Jasper Collection, the Alaska Collection, the Glacier Park Collection, and FlyOver). As a result of our most recent impairment analysis performed as of October 31, 2018, the excess of the estimated fair value over the carrying value for each of our reporting units (expressed as a percentage of the carrying amounts) under step one of the impairment test for GES U.S. was 148%, GES EMEA was 243%, GES Canada was 282%, the Banff Jasper Collection was 141%, the Alaska Collection was 52%, the Glacier Park Collection was 20%, and FlyOver was 51%. Our accumulated goodwill impairment as of both December 31, 2018 and 2017 was $229.7 million. Other intangible assets consisted of the following:
|  |  |  | December 31, 2018 |  |  | December 31, 2017 |
(in thousands) |  | Useful Life (Years) |  | Gross Carrying Value |  |  | Accumulated Amortization |  |  | Net Carrying Value |  |  | Gross Carrying Value |  |  | Accumulated Amortization |  |  | Net Carrying Value |
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer contracts and relationships |  | 7.6 |  | $ | 67,729 |  |  | $ | (31,201 | ) |  | $ | 36,528 |  |  | $ | 68,798 |  |  | $ | (23,696 | ) |  | $ | 45,102 |
Operating contracts and licenses |  | 25.5 |  |  | 9,180 |  |  |  | (1,376 | ) |  |  | 7,804 |  |  |  | 9,951 |  |  |  | (1,094 | ) |  |  | 8,857 |
Tradenames |  | 6.2 |  |  | 7,705 |  |  |  | (3,109 | ) |  |  | 4,596 |  |  |  | 8,633 |  |  |  | (2,873 | ) |  |  | 5,760 |
Non-compete agreements |  | 1.6 |  |  | 5,174 |  |  |  | (4,080 | ) |  |  | 1,094 |  |  |  | 5,363 |  |  |  | (3,007 | ) |  |  | 2,356 |
Other |  | 8.0 |  |  | 1,365 |  |  |  | (553 | ) |  |  | 812 |  |  |  | 896 |  |  |  | (650 | ) |  |  | 246 |
Total amortized intangible assets |  |  |  |  | 91,153 |  |  |  | (40,319 | ) |  |  | 50,834 |  |  |  | 93,641 |  |  |  | (31,320 | ) |  |  | 62,321 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Business licenses |  |  |  |  | 460 |  |  |  | — |  |  |  | 460 |  |  |  | 460 |  |  |  | — |  |  |  | 460 |
Other intangible assets |  |  |  | $ | 91,613 |  |  | $ | (40,319 | ) |  | $ | 51,294 |  |  | $ | 94,101 |  |  | $ | (31,320 | ) |  | $ | 62,781 |
Intangible asset amortization expense was $11.0 million during 2018, $12.4 million during 2017, and $9.2 million during 2016. The estimated future amortization expense related to intangible assets subject to amortization held at December 31, 2018 is as follows:
(in thousands) |  |  |  |
Year ending December 31, |  |  |  |
2019 |  | $ | 9,865 |
2020 |  |  | 8,374 |
2021 |  |  | 7,391 |
2022 |  |  | 5,878 |
2023 |  |  | 4,701 |
Thereafter |  |  | 14,625 |
Total |  | $ | 50,834 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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