v3.10.0.1
Goodwill and Intangible Assets
 12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets
GOODWILL AND INTANGIBLE ASSETS
Indefinite-Lived Intangible Assets
The following table summarizes information related to indefinite-lived intangible assets at December 31:
 
December 31,
(In Thousands)
2018
 
2017
Trade Name
$
53,000

 
$
53,000

Goodwill
733,170

 
622,948

Indefinite-lived Intangible Assets
$
786,170

 
$
675,948


The following table provides information related to the carrying amount of goodwill by operating segment:
(In Thousands)
Progressive Leasing
 
Aaron’s Business

Total
Balance at January 1, 2017
$
288,801

 
$
237,922

 
$
526,723

Acquisitions
—

 
97,460

 
97,460

Disposals, Currency Translation and Other Adjustments
—

 
(1,271
)
 
(1,271
)
Acquisition Accounting Adjustments
—

 
36

 
36

Balance at December 31, 2017
288,801

 
334,147

 
622,948

Acquisitions
—

 
110,469

 
110,469

Disposals, Currency Translation and Other Adjustments
—

 
(260
)
 
(260
)
Acquisition Accounting Adjustments
—

 
13

 
13

Balance at December 31, 2018
$
288,801

 
$
444,369

 
$
733,170


Definite-Lived Intangible Assets
The following table summarizes information related to definite-lived intangible assets at December 31:

2018
 
2017
(In Thousands)
Gross
 
Accumulated
Amortization
 
Net
 
Gross
 
Accumulated
Amortization
 
Net
Acquired Internal Use Software
$
14,000

 
$
(14,000
)
 
$
—

 
$
14,000

 
$
(14,000
)
 
$
—

Technology
68,550

 
(32,749
)
 
35,801

 
68,550

 
(25,639
)
 
42,911

Merchant Relationships
181,000

 
(71,101
)
 
109,899

 
181,000

 
(56,018
)
 
124,982

Other Intangibles1
42,165

 
(12,265
)
 
29,900

 
19,558

 
(4,900
)
 
14,658

Total
$
305,715

 
$
(130,115
)
 
$
175,600

 
$
283,108

 
$
(100,557
)
 
$
182,551


1 Other intangibles primarily include favorable operating leases, customer relationships, customer lease contracts, non-compete agreements, reacquired franchise rights and the expanded customer base intangible asset.
Total amortization expense of definite-lived intangible assets, which includes rent expense on favorable operating leases, included in operating expenses in the accompanying consolidated statements of earnings, was $33.0 million, $27.7 million and $28.8 million during the years ended December 31, 2018, 2017 and 2016, respectively. As of December 31, 2018, estimated future amortization expense for the next five years related to definite-lived intangible assets is as follows:
(In Thousands)
 
2019
$
35,612

2020
28,537

2021
26,198

2022
23,123

2023
22,803