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GOODWILL AND INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Components of Intangible Assets Included in Wholesale Segment | The Company’s intangible assets consist of the following (in thousands):
| Year Ended December 31,
| 2020 |  | 2019
| Gross |  | Impairment |  | Accumulated Amortization |  | Net |  | Gross |  | Impairment |  | Accumulated Amortization |  | Net
Goodwill | $ | 49,371 |  |  | $ | (19,100) |  |  | $ | — |  |  | $ | 30,271 |  |  | $ | 92,361 |  |  | $ | (42,990) |  |  | $ | — |  |  | $ | 49,371 |
Indefinite -lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade names (1) | 50,600 |  |  | (1,000) |  |  | — |  |  | 49,600 |  |  | 58,216 |  |  | — |  |  | — |  |  | 58,216 |
Finite -lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Licenses | 15,847 |  |  |  |  | (10,742) |  |  | 5,105 |  |  | 15,847 |  |  |  |  | (10,287) |  |  | 5,560 |
Trade names (1) | 52,030 |  |  |  |  | (20,874) |  |  | 31,156 |  |  | 43,986 |  |  |  |  | (17,337) |  |  | 26,649 |
Customer relationships | 177,801 |  |  |  |  | (54,008) |  |  | 123,793 |  |  | 176,602 |  |  |  |  | (40,605) |  |  | 135,997 |
Other | 6,582 |  |  |  |  | (2,482) |  |  | 4,100 |  |  | 6,546 |  |  |  |  | (1,868) |  |  | 4,678 |
Total | $ | 352,231 |  |  | $ | (20,100) |  |  | $ | (88,106) |  |  | $ | 244,025 |  |  | $ | 393,558 |  |  | $ | (42,990) |  |  | $ | (70,097) |  |  | $ | 280,471 |
(1) During 2020, as part of the Company’s annual impairment analysis of indefinite-lived trade names it was determined that certain of the Company’s trade names, previously estimated to contribute to cash flows indefinitely, have definite lives. Accordingly, these trade names were reclassified from indefinite-lived to finite-lived or amortizable intangible assets as of October 1, 2020. These trade names are being amortized over an estimated useful life of 18 years.
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, 2020, 2019 and 2018 consists of the following (in thousands):
| Intangible Assets |  | Goodwill |  | Total Intangible Assets and Goodwill
Goodwill and Intangible Assets, December 31, 2017 | $ | 72,707 |  |  | $ | 15,772 |  |  | $ | 88,479 |
Acquisition of goodwill | — |  |  | 78,795 |  |  | 78,795 |
Acquisition of trade names | 61,500 |  |  | — |  |  | 61,500 |
Acquisition of customer relationships | 124,430 |  |  | — |  |  | 124,430 |
Acquisition of other intangible assets | 5,367 |  |  | — |  |  | 5,367 |
Foreign currency translation adjustment | (1,524) |  |  | (672) |  |  | (2,196) |
Amortization | (15,323) |  |  | — |  |  | (15,323) |
Impairment of goodwill | — |  |  | (2,205) |  |  | (2,205) |
Goodwill and Intangible Assets, December 31, 2018 | 247,157 |  |  | 91,690 |  |  | 338,847 |
Purchase price adjustment | — |  |  | 972 |  |  | 972 |
Foreign currency translation adjustment | 786 |  |  | (301) |  |  | 485 |
Amortization | (16,843) |  |  | — |  |  | (16,843) |
Impairment of goodwill | — |  |  | (42,990) |  |  | (42,990) |
Goodwill and Intangible Assets, December 31, 2019 | 231,100 |  |  | 49,371 |  |  | 280,471 |
Foreign currency translation adjustment | 607 |  |  | — |  |  | 607 |
Amortization | (16,953) |  |  | — |  |  | (16,953) |
Impairment of indefinite -lived intangible assets | (1,000) |  |  | — |  |  | (1,000) |
Impairment of goodwill | — |  |  | (19,100) |  |  | (19,100) |
Goodwill and Intangible Assets, December 31, 2020 | $ | 213,754 |  |  | $ | 30,271 |  |  | $ | 244,025 |
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, 2020 are as follows:
| Years
Trade names | 16
Licenses | 33
Customer relationships | 14
Other | 10
Estimated Amortization Expense | Estimated amortization expense for each of the five succeeding fiscal years is as follows (in thousands):
Year ending December 31, |
2021 | $ | 17,014 |
2022 | 17,014 |
2023 | 16,971 |
2024 | 16,387 |
2025 | 16,121 |

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