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Goodwill and Other Intangible Assets | 3 Months Ended
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Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets The carrying amount of goodwill, by operating segment is as follows:
(In thousands) | Domestic Operations |  | International and Other |  | Total
December 31, 2022 | $ | 349,292 |  |  | $ | 294,127 |  |  | $ | 643,419 |
Amortization of "second component" goodwill | (336) |  |  | — |  |  | (336) |
Foreign currency translation | — |  |  | 4,210 |  |  | 4,210 |
March 31, 2023 | $ | 348,956 |  |  | $ | 298,337 |  |  | $ | 647,293 |
As of March 31, 2023 and December 31, 2022, accumulated impairment charges in the International and Other segment totaled $163.8 million. The reduction of $0.3 million in the carrying amount of goodwill for Domestic Operations is due to the realization of a tax benefit for the amortization of "second component" goodwill at SundanceTV. Second component goodwill is the amount of tax deductible goodwill in excess of goodwill for financial reporting purposes. In accordance with the authoritative guidance at the time of the SundanceTV acquisition, the tax benefits associated with this excess are applied to first reduce the amount of goodwill, and then other intangible assets for financial reporting purposes, if and when such tax benefits are realized in the Company's tax returns. The following tables summarize information relating to the Company's identifiable intangible assets:
(In thousands) | March 31, 2023 |  |
Gross |  | Accumulated Amortization |  | Net |  | Estimated Useful Lives
Amortizable intangible assets: |  |  |  |  |  |  |
Affiliate and customer relationships | $ | 637,114 |  |  | $ | (383,494) |  |  | $ | 253,620 |  |  | 6 to 25 years
Advertiser relationships | 46,282 |  |  | (35,495) |  |  | 10,787 |  |  | 11 years
Trade names and other amortizable intangible assets | 106,164 |  |  | (45,185) |  |  | 60,979 |  |  | 3 to 20 years
Total amortizable intangible assets | 789,560 |  |  | (464,174) |  |  | 325,386 |  |  |
Indefinite-lived intangible assets: |  |  |  |  |  |  |
Trademarks | 19,900 |  |  | — |  |  | 19,900 |  |  |
Total intangible assets | $ | 809,460 |  |  | $ | (464,174) |  |  | $ | 345,286 |  |  |
(In thousands) | December 31, 2022 |  |
Gross |  | Accumulated Amortization |  | Net |  |
Amortizable intangible assets: |  |  |  |  |  |  |
Affiliate and customer relationships | $ | 634,000 |  |  | $ | (373,240) |  |  | $ | 260,760 |  |  |
Advertiser relationships | 46,282 |  |  | (34,443) |  |  | 11,839 |  |  |
Trade names and other amortizable intangible assets | 105,338 |  |  | (43,161) |  |  | 62,177 |  |  |
Total amortizable intangible assets | 785,620 |  |  | (450,844) |  |  | 334,776 |  |  |
Indefinite-lived intangible assets: |  |  |  |  |  |  |
Trademarks | 19,900 |  |  | — |  |  | 19,900 |  |  |
Total intangible assets | $ | 805,520 |  |  | $ | (450,844) |  |  | $ | 354,676 |  |  |
Aggregate amortization expense for amortizable intangible assets for the three months ended March 31, 2023 and 2022 was $10.4 million and $10.6 million, respectively. Estimated aggregate amortization expense for intangible assets subject to amortization for each of the following five years is:
(In thousands) |
Years Ending December 31, |
2023 | $ | 41,648 |
2024 | 41,587 |
2025 | 39,849 |
2026 | 35,485 |
2027 | 30,775 |

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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 https://asc.fasb.org/topic&trid=2144416 + Details
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