Sonic Automotive, Inc. Annual report pursuant to Section 13 and 15(d)

Intangible Assets and Goodwill (Tables)

12 Months Ended

Dec. 31, 2019

The changes in the carrying amount of franchise assets and goodwill for 2019 and 2018 were as follows:


	Franchise Assets		Net Goodwill
	(In thousands)
Balance at December 31, 2017	$	69,900	$	525,780	(1)
Reductions from dispositions	(2,100)		(16,188)
Reductions from impairment	(2,100)		—
Balance at December 31, 2018	$	65,700	$	509,592	(1)

Reductions from dispositions	(1,400)		(33,801)


Balance at December 31, 2019	$	64,300	$	475,791	(1)

(1) Net of accumulated impairment losses of $797.6 million.