GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2017

Components of Intangible Assets Included in Wholesale Segment

The Company’s intangible assets, all of which are included in the U.S. Wholesale and International segments, consist of the following (in thousands):


	Year Ended December 31,
	2017							2016
	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
Goodwill	$	15,772	$	—		$	15,772	$	14,201	$	—		$	14,201
Indefinite-lived intangible assets:
Trade names		7,616		—			7,616		7,616		—			7,616

Finite-lived intangible assets:
Licenses		15,847		(9,375	)		6,472		15,847		(8,919	)		6,928
Trade names		33,368		(11,109	)		22,259		31,150		(8,286	)		22,864
Customer relationships		52,961		(16,966	)		35,995		49,372		(12,188	)		37,184
Other		1,165		(800	)		365		1,266		(840	)		426

Total	$	126,729	$	(38,250	)	$	88,479	$	119,452	$	(30,233	)	$	89,219

Summary of Activities Relating to Intangible Assets

A summary of the activities related to the Company’s intangible assets for the years ended December 31, 2017, 2016 and 2015 consists of the following (in thousands):


	Intangible Assets			Goodwill			Total Intangible Assets and Goodwill
Goodwill and Intangible Assets, December 31, 2014	$	85,496		$	18,101		$	103,597
Amortization		(7,004	)		—			(7,004	)

Goodwill and Intangible Assets, December 31, 2015		78,492			18,101			96,593
Acquisition of trade names		5,159			—			5,159
Acquisition of customer relationships		8,878			—			8,878
Acquisition of other intangible assets		50			—			50
Foreign currency translation adjustment		(11,400	)		(3,900	)		(15,300	)
Amortization		(6,161	)		—			(6,161	)

Goodwill and Intangible Assets, December 31, 2016		75,018			14,201			89,219
Acquisition of goodwill		—			434			434
Acquisition of trade names		1,134			—			1,134
Acquisition of customer relationships		563			—			563
Foreign currency translation adjustment		2,823			1,137			3,960
Amortization		(6,831	)		—			(6,831	)

Goodwill and Intangible Assets, December 31, 2017	$	72,707		$	15,772		$	88,479

Weighted Average Amortization Periods for Finite Lived Intangible Assets

The weighted-average amortization periods for the Company’s finite-lived intangible assets as of December 31, 2017 are as follows:


	Years
Trade names		14
Licenses		33
Customer relationships		13
Other		12

Estimated Amortization Expense

Estimated amortization expense for each of the five succeeding fiscal years is as follows (in thousands):


Year ending December 31,
2018	$	7,096
2019		7,096
2020		7,081
2021		6,604
2022		6,604