v3.24.3
Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The carrying amount of goodwill, by operating segment is as follows:
(In thousands)Domestic OperationsInternationalTotal
December 31, 2023$348,732 $277,764 $626,496 
Impairment charge— (68,004)(68,004)
Foreign currency translation— 708 708 
September 30, 2024$348,732 $210,468 $559,200 
Schedule of Finite-Lived Intangible Assets
The following tables summarize information relating to the Company's identifiable intangible assets:
(In thousands)September 30, 2024
GrossAccumulated AmortizationNetEstimated Useful Lives
Amortizable intangible assets:
Affiliate and customer relationships$622,236 $(459,881)$162,355 
6 to 25 years
Advertiser relationships46,282 (46,282)— 
11 years
Trade names and other amortizable intangible assets90,770 (46,267)44,503 
3 to 20 years
Total amortizable intangible assets759,288 (552,430)206,858 
Indefinite-lived intangible assets:
Trademarks19,900 — 19,900 
Total intangible assets$779,188 $(552,430)$226,758 
(In thousands)December 31, 2023
GrossAccumulated AmortizationNet
Amortizable intangible assets:
Affiliate and customer relationships$618,778 $(421,968)$196,810 
Advertiser relationships46,282 (42,806)3,476 
Trade names and other amortizable intangible assets91,134 (42,762)48,372 
Total amortizable intangible assets756,194 (507,536)248,658 
Indefinite-lived intangible assets:
Trademarks19,900 — 19,900 
Total intangible assets$776,094 $(507,536)$268,558 
Schedule of Indefinite-Lived Intangible Assets
The following tables summarize information relating to the Company's identifiable intangible assets:
(In thousands)September 30, 2024
GrossAccumulated AmortizationNetEstimated Useful Lives
Amortizable intangible assets:
Affiliate and customer relationships$622,236 $(459,881)$162,355 
6 to 25 years
Advertiser relationships46,282 (46,282)— 
11 years
Trade names and other amortizable intangible assets90,770 (46,267)44,503 
3 to 20 years
Total amortizable intangible assets759,288 (552,430)206,858 
Indefinite-lived intangible assets:
Trademarks19,900 — 19,900 
Total intangible assets$779,188 $(552,430)$226,758 
(In thousands)December 31, 2023
GrossAccumulated AmortizationNet
Amortizable intangible assets:
Affiliate and customer relationships$618,778 $(421,968)$196,810 
Advertiser relationships46,282 (42,806)3,476 
Trade names and other amortizable intangible assets91,134 (42,762)48,372 
Total amortizable intangible assets756,194 (507,536)248,658 
Indefinite-lived intangible assets:
Trademarks19,900 — 19,900 
Total intangible assets$776,094 $(507,536)$268,558 
Schedule of Estimated Amortization Expense
Excluding the $15.7 million impairment charge associated with BBCA recorded in the second quarter of 2024, as discussed below, estimated aggregate amortization expense for intangible assets subject to amortization for each of the following five years is:
(In thousands)
Years Ending December 31,
2024$34,069 
202530,748 
202629,764 
202724,979 
202822,808