v3.10.0.1

Intangible Assets

9 Months Ended

Sep. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Intangible Assets

Intangible assets consist of the following:

(In thousands)	September 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)	542,013				542,011
Less accumulated amortization (Customer Relationships)	(45,756		)		(27,771		)
Intangible assets, net	$	1,905,105			$	1,923,088

Amortization expense was $6.0 million and $18.0 million for the three and nine months ended September 30, 2018 and $6.0 million and $17.9 million for the three and nine months ended September 30, 2017, respectively. The unamortized portion of customer relationships will be expensed over their remaining useful lives, from 18 to 23 years. The weighted-average amortization period as of September 30, 2018 for customer relationships was 21.0 years.

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- References

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- Definition

The entire disclosure for all or part of the information related to intangible assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-URI http://asc.fasb.org/topic&trid=2144416

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