Goodwill and Intangible Assets (Tables)
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12 Months Ended |
Dec. 31, 2016 |
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| Goodwill and Intangible Assets Disclosure [Abstract] |
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| Schedule of Intangible Assets and Goodwill |
The following table summarizes information related to indefinite-lived intangible assets at December 31: | | | | | | | | | (In Thousands) | 2016 | | 2015 | Trade Names and Trademarks | $ | 53,000 |
| | $ | 53,000 |
| Goodwill | 526,723 |
| | 539,475 |
| Indefinite-lived Intangible Assets | $ | 579,723 |
| | $ | 592,475 |
|
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| Summary of Carrying Value of Goodwill by Operating Segment |
The following table provides information related to the carrying amount of goodwill by operating segment: | | | | | | | | | | | | | | | | | | | | | (In Thousands) | Sales and Lease
Ownership |
| Progressive | | DAMI | | HomeSmart |
| Total | Balance at January 1, 2015 | $ | 226,828 |
| | $ | 289,184 |
| | $ | — |
| | $ | 14,658 |
| | $ | 530,670 |
| Acquisitions | 9,529 |
| | — |
| | 290 |
| | 229 |
| | 10,048 |
| Disposals | (2,506 | ) | | — |
| | — |
| | (158 | ) | | (2,664 | ) | Acquisition Accounting Adjustments | — |
| | 1,421 |
| | — |
| | — |
| | 1,421 |
| Balance at December 31, 2015 | 233,851 |
| | 290,605 |
| | 290 |
| | 14,729 |
| | 539,475 |
| Acquisitions | 4,345 |
| | — |
| | — |
| | — |
| | 4,345 |
| Disposals, Currency Translation and Other Adjustments | (444 | ) | | (1,804 | ) | | — |
| | (14,729 | ) | | (16,977 | ) | Acquisition Accounting Adjustments | 170 |
| | — |
| | (290 | ) | | — |
| | (120 | ) | Balance at December 31, 2016 | $ | 237,922 |
| | $ | 288,801 |
| | $ | — |
| | $ | — |
| | $ | 526,723 |
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| Summary of Identifiable Intangible Assets |
The following table summarizes information related to definite-lived intangible assets at December 31: | | | | | | | | | | | | | | | | | | | | | | | | |
| 2016 | | 2015 | (In Thousands) | Gross | | Accumulated
Amortization | | Net | | Gross | | Accumulated
Amortization | | Net | Internal Use Software | $ | 14,000 |
| | $ | (12,665 | ) | | $ | 1,335 |
| | $ | 14,000 |
| | $ | (7,998 | ) | | $ | 6,002 |
| Technology | 68,550 |
| | (18,529 | ) | | 50,021 |
| | 68,550 |
| | (11,419 | ) | | 57,131 |
| Merchant Relationships | 181,000 |
| | (40,934 | ) | | 140,066 |
| | 181,000 |
| | (25,851 | ) | | 155,149 |
| Other Intangibles1 | 6,581 |
| | (3,331 | ) | | 3,250 |
| | 7,383 |
| | (2,753 | ) | | 4,630 |
| Total | $ | 270,131 |
| | $ | (75,459 | ) | | $ | 194,672 |
| | $ | 270,933 |
| | $ | (48,021 | ) | | $ | 222,912 |
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1 Other intangibles primarily includes customer relationships, non-compete agreements and franchise development rights. |
| Estimated Future Amortization Expense |
As of December 31, 2016, estimated future amortization expense for the next five years related to definite-lived intangible assets is as follows: | | | | | (In Thousands) | | 2017 | $ | 25,031 |
| 2018 | 22,795 |
| 2019 | 22,549 |
| 2020 | 22,357 |
| 2021 | 21,837 |
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