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GOODWILL AND INTANGIBLE ASSETS | 6 Months Ended
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Jul. 01, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and intangible assets | GOODWILL AND INTANGIBLE ASSETS Goodwill The following table reflects changes in the carrying amount of goodwill during the period by reportable segments:
(in thousands) | PeopleReady | PeopleManagement | PeopleScout | Total company
Balance at December 31, 2017 |  |  |  |
Goodwill before impairment | $ | 106,304 |  | $ | 100,146 |  | $ | 132,323 |  | $ | 338,773 |
Accumulated impairment loss | (46,210 | ) | (50,700 | ) | (15,169 | ) | (112,079 | )
Goodwill, net | 60,094 |  | 49,446 |  | 117,154 |  | 226,694 |
Divested goodwill before impairment (1) | — |  | (19,054 | ) | — |  | (19,054 | )
Divested accumulated impairment loss (1) | — |  | 17,000 |  | — |  | 17,000 |
Acquired goodwill (2) | — |  | — |  | 16,606 |  | 16,606 |
Foreign currency translation | — |  | — |  | (1,866 | ) | (1,866 | )
Balance at July 1, 2018 |  |  |  |
Goodwill before impairment | 106,304 |  | 81,092 |  | 147,063 |  | 334,459 |
Accumulated impairment loss | (46,210 | ) | (33,700 | ) | (15,169 | ) | (95,079 | )
Goodwill, net | $ | 60,094 |  | $ | 47,392 |  | $ | 131,894 |  | $ | 239,380 |
(1) | Effective March 12, 2018, the company entered into an asset purchase agreement for the sale of its PlaneTechs business to Launch Technical Workforce Solutions. As a result of this divestiture, we eliminated the remaining goodwill balance of the PlaneTechs business, which was a part of our PeopleManagement reportable segment. For additional information, see Note 3: Acquisition and divestiture.
(2) | Effective June 12, 2018, the company acquired TMP Holdings LTD, through its PeopleScout subsidiary. Accordingly, the goodwill associated with the acquisition has been assigned to our PeopleScout reportable segment based on our preliminary purchase price allocation. For additional information, see Note 3: Acquisition and divestiture.
Intangible Assets Finite-lived intangible Assets The following table presents our purchased finite-lived intangible assets:
| July 1, 2018 |  | December 31, 2017
(in thousands) | Gross carrying amount | Accumulated amortization | Net carrying amount |  | Gross carrying amount | Accumulated amortization | Net carrying amount
Finite-lived intangible assets (1): |  |  |  |  |  |  |
Customer relationships | $ | 154,060 |  | $ | (62,048 | ) | $ | 92,012 |  |  | $ | 148,114 |  | $ | (53,801 | ) | $ | 94,313 |
Trade names/trademarks | 2,865 |  | (889 | ) | 1,976 |  |  | 4,149 |  | (3,736 | ) | 413 |
Non-compete agreements | — |  | — |  | — |  |  | 1,400 |  | (1,377 | ) | 23 |
Technologies | 15,771 |  | (13,684 | ) | 2,087 |  |  | 17,500 |  | (13,588 | ) | 3,912 |
Total finite-lived intangible assets | $ | 172,696 |  | $ | (76,621 | ) | $ | 96,075 |  |  | $ | 171,163 |  | $ | (72,502 | ) | $ | 98,661 |
(1) | Excludes assets that are fully amortized.
Finite-lived intangible assets include customer relationships and trade names/trademarks of $6.3 million and $1.7 million, respectively, based on our preliminary purchase price allocation relating to our acquisition of TMP Holdings LTD. For additional information, see Note 3: Acquisition and divestiture. Amortization expense of our finite-lived intangible assets was $5.2 million and $10.4 million for the thirteen and twenty-six weeks ended July 1, 2018, respectively, and $5.3 million and $10.7 million for the thirteen and twenty-six weeks ended July 2, 2017, respectively. Indefinite-lived intangible assets We also held indefinite-lived trade names/trademarks of $6.0 million as of July 1, 2018 and December 31, 2017.

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