XML 47 R32.htm IDEA: XBRL DOCUMENT v3.20.4
GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and Intangible Assets, Net
Goodwill and intangible assets, net are as follows:
December 31,
20202019
(In thousands)
Goodwill$891,797 $883,960 
Intangible assets with indefinite lives171,888 171,599 
Intangible assets with definite lives, net of accumulated amortization37,829 80,126 
Total goodwill and intangible assets, net$1,101,514 $1,135,685 
Schedule of Goodwill by Reporting Unit
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 
Europe70,543 — — 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 
Europe70,672 — — (129)70,543 
Total goodwill$894,709 $18,326 $(29,266)$191 $883,960 
Schedule of Intangible Assets with Definite Lives
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
NetWeighted-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
Memberships15,900 (15,900)— 3.0
Customer lists and user base800 (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
NetWeighted-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
Memberships15,900 (11,940)3,960 3.0
Customer lists and user base14,298 (13,590)708 1.4
Trade names 2,390 (1,512)878 6.8
Total $221,334 $(141,208)$80,126 3.8
Schedule of Expected Amortization of Intangible Assets
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 
202213,964 
20238,148 
2024190 
2025190 
Thereafter386 
Total$37,829