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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table sets forth the changes in the carrying value of goodwill:
 
Year Ended December 31,
 
2016
 
2015
 
(In thousands)
Beginning balance January 1
$
1,681,662

 
$
1,735,440

Foreign currency exchange rate changes
21,434

 
(113,719
)
Adjustments to goodwill for acquisitions (1)
17,618

 
59,941

Ending balance December 31
$
1,720,714

 
$
1,681,662

Schedule of Intangible Assets by Major Class
The components of intangible assets are as follows:
 
December 31, 2016
 
 
 
December 31, 2015
 
Life
 
Gross Carrying
Amount (1)
 
Accumulated
Amortization (1)
 
Net
Carrying
Amount
 
Gross Carrying
Amount (1)
 
Accumulated
Amortization (1)
 
Net
Carrying
Amount
 
(In thousands)
Intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Trademarks
Indefinite
 
$
96,962

 
$

 
$
96,962

 
$
91,945

 
$

 
$
91,945

Trademarks
4-15
 
25,098

 
(3,426
)
 
21,672

 
22,793

 
(1,581
)
 
21,212

Non-compete agreements
2-7
 
196

 
(63
)
 
133

 
429

 
(201
)
 
228

Customer relationships
2-20
 
362,637

 
(126,835
)
 
235,802

 
339,820

 
(95,634
)
 
244,186

Distribution agreements
10-19
 
38,972

 
(19,295
)
 
19,677

 
38,726

 
(16,595
)
 
22,131

Patents
10
 
48,310

 
(29,194
)
 
19,116

 
48,310

 
(24,363
)
 
23,947

 
 
 
$
572,175

 
$
(178,813
)
 
$
393,362

 
$
542,023

 
$
(138,374
)
 
$
403,649

(1) 
Excludes the original cost and accumulated amortization of fully-amortized intangible assets.
Schedule of Expected Amortization Expense
The following table sets forth the estimated amortization expense for intangible assets for the next five years:
 
Estimated
 
Amortization
 
Expense
For the year ended December 31,
(In thousands)
2017
$
38,212

2018
36,737

2019
35,507

2020
32,388

2021
24,765