XML 40 R15.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Goodwill and Intangible Assets | 12 Months Ended
--- | ---
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill Disclosure [Text Block] | Goodwill and Intangible Assets The changes in the carrying amounts of goodwill for our funeral and cemetery reporting units are as follows: (in thousands):
| 2016 |  | 2015
| Funeral |  | Cemetery |  | Total |  | Funeral |  | Cemetery |  | Total
| (In thousands)
Balance as of January 1 | $ | 1,490,502 |  |  | $ | 305,838 |  |  | $ | 1,796,340 |  |  | $ | 1,510,879 |  |  | $ | 299,974 |  |  | $ | 1,810,853 |
Increase (decrease) in goodwill related to acquisitions | 26,809 |  |  | (151 | ) |  | 26,658 |  |  | 6,460 |  |  | 6,201 |  |  | 12,661 |
Reduction of goodwill related to divestitures | (26,554 | ) |  | (270 | ) |  | (26,824 | ) |  | (8,908 | ) |  | (262 | ) |  | (9,170 | )
Effect of foreign currency | 2,898 |  |  | 9 |  |  | 2,907 |  |  | (17,929 | ) |  | (75 | ) |  | (18,004 | )
Activity | 3,153 |  |  | (412 | ) |  | 2,741 |  |  | (20,377 | ) |  | 5,864 |  |  | (14,513 | )
Balance as of December 31 | $ | 1,493,655 |  |  | $ | 305,426 |  |  | $ | 1,799,081 |  |  | $ | 1,490,502 |  |  | $ | 305,838 |  |  | $ | 1,796,340 |
The components of intangible assets at December 31 were as follows:
| Useful Life |  |  |  |
| Minimum |  | Maximum |  | 2016 |  | 2015
| (Years) |  | (In thousands)
Amortizing intangibles: |  |  |  |  |  |  |
Covenants-not-to-compete | 2 | - | 20 |  | $ | 211,549 |  |  | $ | 206,822 |
Customer relationships | 10 | - | 20 |  | 146,876 |  |  | 154,364 |
Tradenames | 5 | - | 5 |  | 9,150 |  |  | 12,750 |
Other | 5 | - | 40 |  | 11,927 |  |  | 11,927 |
|  |  |  |  | 379,502 |  |  | 385,863 |
Less: Accumulated amortization |  |  |  |  | 268,061 |  |  | 257,157 |
Amortizing intangibles, net |  |  |  |  | 111,441 |  |  | 128,706 |
Non-amortizing intangibles: |  |  |  |  |  |  |
Tradenames |  |  | Indefinite |  | 245,984 |  |  | 230,659 |
Other |  |  | Indefinite |  | 10,640 |  |  | 10,640 |
Non-amortizing intangibles |  |  |  |  | 256,624 |  |  | 241,299 |
Intangible assets, net |  |  |  |  | $ | 368,065 |  |  | $ | 370,005 |
As part of our annual recoverability-testing process during 2016, we recognized $1.2 million of impairment on four tradenames. Amortization expense for intangible assets was $31.0 million, $31.5 million, and $36.6 million for the years ended December 31, 2016, 2015, and 2014, respectively. The following is estimated amortization expense, excluding certain intangibles for which we are unable to provide an estimate because they are amortized based on specific identification in the performance of a preneed contract, for the five years subsequent to December 31, 2016 (in thousands):
2017 | $ | 11,718 |
2018 | $ | 10,961 |
2019 | $ | 7,711 |
2020 | $ | 6,613 |
2021 | $ | 6,504 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill. + References No definition available. + Details
Name: | us-gaap_GoodwillDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration