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GOODWILL AND OTHER INTANGIBLE ASSETS
6 Months Ended
Jun. 30, 2019
GOODWILL AND OTHER INTANGIBLE ASSETS  
GOODWILL AND OTHER INTANGIBLE ASSETS

10.         GOODWILL AND OTHER INTANGIBLE ASSETS

The following is a roll-forward of goodwill for the six-months ended June 30, 2019 and June 30, 2018 by reportable segment:

Monster

 

Energy®

Strategic

 

    

Drinks

    

Brands

    

Other

    

Total

Balance at December 31, 2018

$

693,644

$

637,999

$

-

$

1,331,643

Acquisitions

 

-

 

-

 

-

 

-

Balance at June 30, 2019

$

693,644

$

637,999

$

-

$

1,331,643

Monster

Energy®

Strategic

    

Drinks

    

Brands

    

Other

    

Total

Balance at December 31, 2017

$

693,644

$

637,999

$

-

$

1,331,643

Acquisitions

-

-

-

-

Balance at June 30, 2018

$

693,644

$

637,999

$

-

$

1,331,643

Intangible assets consist of the following at:

    

June 30, 

    

December 31, 

2019

2018

Amortizing intangibles

$

66,946

$

71,350

Accumulated amortization

 

(43,340)

 

(38,311)

 

23,606

 

33,039

Non-amortizing intangibles

 

1,022,204

 

1,012,839

$

1,045,810

$

1,045,878

Amortizing intangibles primarily consist of customer relationships. All amortizing intangibles have been assigned an estimated finite useful life and such intangibles are amortized on a straight-line basis over the number of years that approximate their respective useful lives, generally five to seven years. Total amortization expense recorded was $3.0 million for both the three-months ended June 30, 2019 and 2018. Total amortization expense recorded was $5.9 million and $6.0 million for the six-months ended June 30, 2019 and 2018, respectively.