XML 43 R28.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Goodwill and Other Intangibles (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes in Goodwill | The following table summarizes the changes in goodwill for the three months ended March 31, 2015 (in thousands):
Balance at December 31, 2014 | $ | 243,262 |
Acquisition of Rockwood | 2,624,876 |
Acquisition of remaining interest in Shanghai Chemetall | 18,168 |
Foreign currency translation | (176,636 | )
Balance at March 31, 2015 | $ | 2,709,670 |
Other Intangibles | The following table summarizes the changes in other intangibles and related accumulated amortization for the three months ended March 31, 2015 (in thousands):
| Customer Lists and Relationships |  | Trade Names and Trademarks |  | Patents and Technology |  | Other |  | Total
Gross Asset Value |  |  |  |  |  |  |  |  |
Balance at December 31, 2014 | $ | 48,479 |  |  | $ | 17,555 |  |  | $ | 40,398 |  |  | $ | 23,441 |  |  | $ | 129,873 |
Acquisition of Rockwood | 1,339,860 |  |  | 363,120 |  |  | 226,650 |  |  | 27,130 |  |  | 1,956,760 |
Acquisition of remaining interest in Shanghai Chemetall | 76,537 |  |  | — |  |  | 1,328 |  |  | — |  |  | 77,865 |
Foreign currency translation adjustments and other | (64,318 | ) |  | (27,723 | ) |  | (19,855 | ) |  | (2,538 | ) |  | (114,434 | )
Balance at March 31, 2015 | $ | 1,400,558 |  |  | $ | 352,952 |  |  | $ | 248,521 |  |  | $ | 48,033 |  |  | $ | 2,050,064 |
Accumulated Amortization |  |  |  |  |  |  |  |  |
Balance at December 31, 2014 | (22,931 | ) |  | (7,912 | ) |  | (32,831 | ) |  | (22,074 | ) |  | (85,748 | )
Amortization | (13,003 | ) |  | (3,521 | ) |  | (3,282 | ) |  | (107 | ) |  | (19,913 | )
Foreign currency translation adjustments and other | 1,318 |  |  | 380 |  |  | 1,765 |  |  | 469 |  |  | 3,932 |
Balance at March 31, 2015 | $ | (34,616 | ) |  | $ | (11,053 | ) |  | $ | (34,348 | ) |  | $ | (21,712 | ) |  | $ | (101,729 | )
Net Book Value at December 31, 2014 | $ | 25,548 |  |  | $ | 9,643 |  |  | $ | 7,567 |  |  | $ | 1,367 |  |  | $ | 44,125 |
Net Book Value at March 31, 2015 | $ | 1,365,942 |  |  | $ | 341,899 |  |  | $ | 214,173 |  |  | $ | 26,321 |  |  | $ | 1,948,335 |
Total Estimated Amortization Expense of Other Intangibles for Next Five Fiscal Years | Total estimated amortization expense of other intangibles acquired in the Rockwood acquisition for the next five years is as follows (in thousands):
| Estimated Amortization Expense
Remainder of 2015 | $ | 64,560 |
2016 | $ | 86,080 |
2017 | $ | 86,080 |
2018 | $ | 86,080 |
2019 | $ | 86,080 |

X
- Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration