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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Change in Carrying Amount of Goodwill
Changes in the carrying amount of goodwill during the years ended December 31, 2020 and 2019 are as follows (in thousands):
 Travel
Solutions
Hospitality
Solutions
Total
Goodwill
Balance as of December 31, 2018$2,396,152 $156,217 $2,552,369 
Acquired
82,402 — 82,402 
Adjustments(1)
(114)(1,406)(1,520)
Balance as of December 31, 20192,478,440 154,811 2,633,251 
Adjustments(1)
(2,239)5,534 3,295 
Balance as of December 31, 2020$2,476,201 $160,345 $2,636,546 
________________________
(1)Includes net foreign currency effects during the year.
Schedule of Amortization of Intangible Assets
The following table presents our intangible assets as of December 31, 2020 and 2019 (in thousands):
December 31, 2020December 31, 2019
 
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Acquired customer relationships$1,050,485 $(761,335)$289,150 $1,046,382 $(735,367)$311,015 
Trademarks and brand names333,538 (158,491)175,047 333,638 (147,735)185,903 
Reacquired rights113,500 (89,179)24,321 113,500 (73,124)40,376 
Purchased technology436,988 (418,926)18,062 437,288 (409,204)28,084 
Acquired contracts, supplier and distributor agreements
37,599 (32,813)4,786 37,599 (29,324)8,275 
Non-compete agreements14,686 (14,686)— 14,686 (14,686)— 
Total intangible assets$1,986,796 $(1,475,430)$511,366 $1,983,093 $(1,409,440)$573,653 
Schedule of Estimated Amortization of Intangible Assets Subject to Amortization Estimated amortization expense related to intangible assets subject to amortization for each of the five succeeding years and beyond is as follows (in thousands): 
2021$64,447 
202250,866 
202337,160 
202433,938 
202531,224 
2026 and thereafter 293,731 
Total$511,366