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GOODWILL AND OTHER INTANGIBLE ASSETS
12 Months Ended
Dec. 31, 2019
GOODWILL AND OTHER INTANGIBLE ASSETS  
GOODWILL AND OTHER INTANGIBLE ASSETS

9.          GOODWILL AND OTHER INTANGIBLE ASSETS

The following is a roll-forward of goodwill for the years ended December 31, 2019 and 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 December 31, 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 December 31, 2018

$

693,644

$

637,999

$

$

1,331,643

Intangible assets consist of the following at:

    

December 31, 

    

December 31, 

2019

2018

Amortizing intangibles

$

66,949

$

71,350

Accumulated amortization

 

(49,128)

 

(38,311)

 

17,821

 

33,039

Non-amortizing intangibles

 

1,034,284

 

1,012,839

$

1,052,105

$

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 $11.6 million, $11.9 million and $11.9 million for the years ended December 31, 2019, 2018 and 2017, respectively.

The following is the future estimated amortization expense related to amortizing intangibles as of December 31, 2019:

Year Ending December 31:

    

2020

$

7,670

2021

4,429

2022

4,404

2023

1,111

2024

13

2025 and thereafter

194

$

17,821

At December 31, 2019, non-amortizing intangibles primarily consist of indefinite-lived tradenames, flavors and formulas.