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Goodwill and Other Intangible Assets, Net (Tables)
3 Months Ended
Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Movements in Goodwill
Movements in goodwill during 2019 were as follows:
(DOLLARS IN THOUSANDS)
Goodwill
Balance at December 31, 2018
$
5,378,388

Acquisitions(1)
61,711

Frutarom measurement period adjustment
(3,579
)
Foreign exchange
(2,520
)
Balance at March 31, 2019
$
5,434,000


_______________________ 
(1)
Additions relate to the 2019 acquisition activity. See Note 3 for details.
Schedule of Other Intangible Assets, Net
Other intangible assets, net consisted of the following amounts: 
 
March 31,
 
December 31,
(DOLLARS IN THOUSANDS)
2019
 
2018
Asset Type
 
 
 
Customer relationships
$
2,638,998

 
$
2,658,659

Trade names & patents
177,566

 
177,770

Technological know-how
463,989

 
451,016

Other
33,009

 
43,766

Total carrying value
3,313,562

 
3,331,211

Accumulated Amortization
 
 
 
Customer relationships
(193,263
)
 
(156,906
)
Trade names & patents
(21,760
)
 
(19,593
)
Technological know-how
(106,181
)
 
(93,051
)
Other
(18,181
)
 
(22,339
)
Total accumulated amortization
(339,385
)
 
(291,889
)
Other intangible assets, net
$
2,974,177

 
$
3,039,322

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Amortization expense for the next five years and thereafter, based on preliminary valuations and determinations of useful lives, is expected to be as follows:
(DOLLARS IN THOUSANDS)
2019
 
2020
 
2021
 
2022
 
2023
Estimated future intangible amortization expense
$
190,281

 
$
185,492

 
$
180,661

 
$
176,734

 
$
176,621