v3.10.0.1
Intangible Assets
6 Months Ended
Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
Intangible Assets
Intangible assets consist of the following:
(In thousands)
June 30,
2018
 
December 31,
2017
 
 
 
 
Intangible assets with indefinite lives (Trademarks and Trade Names)
$
1,408,848

 
$
1,408,848

Intangible assets with definite lives (Customer Relationships)
542,011

 
542,011

Less accumulated amortization (Customer Relationships)
(39,760
)
 
(27,771
)
Intangible assets, net
$
1,911,099

 
$
1,923,088


Amortization expense was $6.0 million and $12.0 million for the three and six months ended June 30, 2018 and $6.0 million and $11.9 million for the three and six months ended June 30, 2017, respectively. The unamortized portion of customer relationships will be expensed over their remaining useful life, from 18 to 23 years. The weighted-average amortization period as of June 30, 2018 for customer relationships was 21.0 years.