Goodwill and intangible assets

6 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

NOTE 4 — Goodwill and intangible assets

Goodwill and intangible assets consisted of the following:


	June 30, 2024						December 31, 2023
In thousands	Gross carrying amount		Accumulated amortization		Net carrying amount		Gross carrying amount		Accumulated amortization		Net carrying amount
Finite-lived intangible assets:
Advertiser relationships	$	445,841	$	257,536	$	188,305	$	446,609	$	236,168	$	210,441
Other customer relationships	100,980		61,573		39,407		101,819		56,601		45,218
Subscriber relationships	250,822		169,549		81,273		251,099		155,528		95,571
Other intangible assets	66,870		63,944		2,926		68,780		62,536		6,244
Sub-total	$	864,513	$	552,602	$	311,911	$	868,307	$	510,833	$	357,474
Indefinite-lived intangible assets:
Mastheads					166,786						166,876
Total intangible assets					$	478,697					$	524,350

Goodwill					$	533,687					$	533,876

The Company performs its annual goodwill and indefinite-lived intangible impairment assessments as of November 30. In addition to the annual impairment test, the Company is required to regularly assess whether a triggering event has occurred under both ASC 350 "Intangibles - Goodwill and Other" ("ASC 350"), and ASC 360 "Property, Plant and Equipment" ("ASC 360"), which would require interim impairment testing.

As of June 30, 2024, the Company performed a review of potential impairment indicators under both ASC 350 and ASC 360, and it was determined that no indicators of impairment were present.