XML 28 R13.htm IDEA: XBRL DOCUMENT
v3.20.4

GOODWILL AND INTANGIBLE ASSETS | 12 Months Ended
--- | ---
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | GOODWILL AND INTANGIBLE ASSETS Goodwill and intangible assets, net are as follows:
| December 31,
| 2020 |  | 2019
| (In thousands)
Goodwill | $ | 891,797 |  |  | $ | 883,960 |
Intangible assets with indefinite lives | 171,888 |  |  | 171,599 |
Intangible assets with definite lives, net of accumulated amortization | 37,829 |  |  | 80,126 |
Total goodwill and intangible assets, net | $ | 1,101,514 |  |  | $ | 1,135,685 |
The following table presents the balance of goodwill by reportable segment, including the changes in the carrying value of goodwill, for the year ended December 31, 2020:
| Balance at December 31, 2019 |  | Additions |  | (Deductions) |  | Foreign Currency Translation |  | Balance at December 31, 2020
| (In thousands)
North America | $ | 813,417 |  |  | $ | 2,665 |  |  | $ | — |  |  | $ | 225 |  |  | $ | 816,307 |
Europe | 70,543 |  |  | — |  |  | — |  |  | 4,947 |  |  | 75,490 |
Total goodwill | $ | 883,960 |  |  | $ | 2,665 |  |  | $ | — |  |  | $ | 5,172 |  |  | $ | 891,797 |
Additions relate to immaterial acquisition activity during the year (included in the North America segment). The following table presents the balance of goodwill by reportable segment, including the changes in the carrying value of goodwill, for the year ended December 31, 2019:
| Balance at December 31, 2018 |  | Additions |  | (Deductions) |  | Foreign Currency Translation |  | Balance at December 31, 2019
| (In thousands)
North America | $ | 824,037 |  |  | $ | 18,326 |  |  | $ | (29,266) |  |  | $ | 320 |  |  | $ | 813,417 |
Europe | 70,672 |  |  | — |  |  | — |  |  | (129) |  |  | 70,543 |
Total goodwill | $ | 894,709 |  |  | $ | 18,326 |  |  | $ | (29,266) |  |  | $ | 191 |  |  | $ | 883,960 |
Additions relate to the acquisition of Fixd Repair (included in the North America segment). Deductions primarily relate to tax benefits of acquired attributes related to the acquisition of Handy (included in the North America segment). Intangible assets with indefinite lives are trade names and trademarks acquired in various acquisitions. At December 31, 2020 and 2019, intangible assets with definite lives are as follows:
| December 31, 2020
| Gross Carrying Amount |  | Accumulated Amortization |  | Net |  | Weighted-Average Useful Life (Years)
| (Dollars in thousands)
Service professional relationships | $ | 97,160 |  |  | $ | (97,000) |  |  | $ | 160 |  |  | 3.0
Technology | 83,468 |  |  | (47,144) |  |  | 36,324 |  |  | 5.5
Memberships | 15,900 |  |  | (15,900) |  |  | — |  |  | 3.0
Customer lists and user base | 800 |  |  | (192) |  |  | 608 |  |  | 8.0
Trade names | 3,128 |  |  | (2,391) |  |  | 737 |  |  | 5.6
Total | $ | 200,456 |  |  | $ | (162,627) |  |  | $ | 37,829 |  |  | 4.1
| December 31, 2019
| Gross Carrying Amount |  | Accumulated Amortization |  | Net |  | Weighted-Average Useful Life (Years)
| (Dollars in thousands)
Service professional relationships | $ | 99,651 |  |  | $ | (76,445) |  |  | $ | 23,206 |  |  | 2.9
Technology | 89,095 |  |  | (37,721) |  |  | 51,374 |  |  | 5.3
Memberships | 15,900 |  |  | (11,940) |  |  | 3,960 |  |  | 3.0
Customer lists and user base | 14,298 |  |  | (13,590) |  |  | 708 |  |  | 1.4
Trade names | 2,390 |  |  | (1,512) |  |  | 878 |  |  | 6.8
Total | $ | 221,334 |  |  | $ | (141,208) |  |  | $ | 80,126 |  |  | 3.8
At December 31, 2020, amortization of intangible assets with definite lives for each of the next five years and thereafter is estimated to be as follows:
Years Ending December 31, |  | (In thousands)
2021 |  | $ | 14,951 |
2022 |  | 13,964 |
2023 |  | 8,148 |
2024 |  | 190 |
2025 |  | 190 |
Thereafter |  | 386 |
Total |  | $ | 37,829 |

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 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
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration