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GOODWILL AND INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Dec. 31, 2017
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,
| 2017 |  | 2016
| (In thousands)
Beginning balance January 1 | $ | 1,730,950 |  |  | $ | 1,681,662 |
Foreign currency exchange rate changes | 40,927 |  |  | 21,434 |
Adjustments to goodwill for acquisitions (1) | — |  |  | 17,618 |
Prior period revision (Note 2) | — |  |  | 10,236 |
Ending balance December 31 | $ | 1,771,877 |  |  | $ | 1,730,950 |
(1) | For the year ended December 31, 2016, adjustments relate to goodwill resulting from the preliminary allocation of the purchase price for Atlanta Electrical Distributors, LLC to the respective assets acquired and liabilities assumed, partially offset by an adjustment to goodwill related to deferred income taxes.
Schedule of Intangible Assets by Major Class | The components of intangible assets are as follows:
|  |  | December 31, 2017 |  | December 31, 2016
| 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 |  | $ | 100,249 |  |  | $ | — |  |  | $ | 100,249 |  |  | $ | 96,962 |  |  | $ | — |  |  | $ | 96,962 |
Trademarks | 4-15 |  | 25,118 |  |  | (5,516 | ) |  | 19,602 |  |  | 25,098 |  |  | (3,426 | ) |  | 21,672 |
Non-compete agreements | 2-7 |  | 196 |  |  | (102 | ) |  | 94 |  |  | 196 |  |  | (63 | ) |  | 133 |
Customer relationships | 2-20 |  | 377,270 |  |  | (161,711 | ) |  | 215,559 |  |  | 362,637 |  |  | (126,835 | ) |  | 235,802 |
Distribution agreements | 10-19 |  | 39,515 |  |  | (22,200 | ) |  | 17,315 |  |  | 38,972 |  |  | (19,295 | ) |  | 19,677 |
Patents | 10 |  | 48,310 |  |  | (34,025 | ) |  | 14,285 |  |  | 48,310 |  |  | (29,194 | ) |  | 19,116 |
|  |  | $ | 590,658 |  |  | $ | (223,554 | ) |  | $ | 367,104 |  |  | $ | 572,175 |  |  | $ | (178,813 | ) |  | $ | 393,362 |
(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:
For the year ending December 31, | (In thousands)
2018 | $ | 37,848 |
2019 | 36,549 |
2020 | 34,621 |
2021 | 26,930 |
2022 | 24,350 |

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