Annual report pursuant to Section 13 and 15(d)

Goodwill

v3.19.1
Goodwill
 12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill
Goodwill

The changes in the carrying amounts of goodwill by reporting unit are as follows (in thousands):

 
Aviation Connectivity
 
Maritime & Land Connectivity
 
Media & Content
 
Total
Balance as of December 31, 2016
$
98,037

 
$
146,380

 
$
83,419

 
$
327,836

Impairment loss
(44,000
)
 
(123,000
)
 
—

 
(167,000
)
Settlement received related to acquisition
—

 
(1,250
)
 
—

 
(1,250
)
Foreign currency translation
—

 
—

 
110

 
110

Balance as of December 31, 2017
54,037

 
22,130

 
83,529

 
159,696

Foreign currency translation
(15
)
 
—

 
(119
)
 
(134
)
Balance as of December 31, 2018
$
54,022

 
$
22,130

 
$
83,410

 
$
159,562

Gross carrying amount
$
98,022

 
$
209,130

 
$
83,410

 
$
390,562

Accumulated impairment loss
(44,000
)
 
(187,000
)
 
—

 
(231,000
)
Balance as of December 31, 2018, net
$
54,022

 
$
22,130

 
$
83,410

 
$
159,562


There was no goodwill impairment recognized in the year ended December 31, 2018. During the year ended December 31, 2017, the Company recorded impairment losses of $123.0 million and $44.0 million to its Maritime & Land Connectivity and Aviation Connectivity reporting units, respectively. During the year ended December 31, 2016, the Company recorded an impairment loss of $64.0 million to its Maritime & Land Connectivity reporting unit. Refer to Note 2. Basis of Presentation and Summary of Significant Accounting Policies for details regarding the goodwill impairment losses.
On June 29, 2017, the Company received $1.3 million from the seller of the EMC business, relating to the working capital adjustment escrow in the EMC purchase agreement. The receipt was recorded as a purchase price accounting measurement period adjustment reducing the goodwill balance.