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Goodwill and Other Intangibles (Tables) | 6 Months Ended
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Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes in Goodwill | The following table summarizes the changes in goodwill for the six months ended June 30, 2015 (in thousands):
Balance at December 31, 2014 | $ | 243,262 |
Acquisition of Rockwood | 2,643,371 |
Other acquisitions(a) | 13,272 |
Foreign currency translation adjustments | (130,286 | )
Balance at June 30, 2015 | $ | 2,769,619 |
(a) | Primarily relates to the acquisition of the remaining interest in Shanghai Chemetall. See Note 2, “Acquisitions.”
Other Intangibles | The following table summarizes the changes in other intangibles and related accumulated amortization for the six months ended June 30, 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 | 1,317,759 |  |  | 363,120 |  |  | 227,840 |  |  | 27,450 |  |  | 1,936,169 |
Other acquisitions(a) | 76,940 |  |  | — |  |  | 1,433 |  |  | 73 |  |  | 78,446 |
Foreign currency translation adjustments and other | (48,511 | ) |  | (20,051 | ) |  | (12,698 | ) |  | (761 | ) |  | (82,021 | )
Balance at June 30, 2015 | $ | 1,394,667 |  |  | $ | 360,624 |  |  | $ | 256,973 |  |  | $ | 50,203 |  |  | $ | 2,062,467 |
Accumulated Amortization |  |  |  |  |  |  |  |  |
Balance at December 31, 2014 | (22,931 | ) |  | (7,912 | ) |  | (32,831 | ) |  | (22,074 | ) |  | (85,748 | )
Amortization | (27,308 | ) |  | (6,106 | ) |  | (6,726 | ) |  | (214 | ) |  | (40,354 | )
Foreign currency translation adjustments and other | 874 |  |  | 217 |  |  | 1,319 |  |  | 406 |  |  | 2,816 |
Balance at June 30, 2015 | $ | (49,365 | ) |  | $ | (13,801 | ) |  | $ | (38,238 | ) |  | $ | (21,882 | ) |  | $ | (123,286 | )
Net Book Value at December 31, 2014 | $ | 25,548 |  |  | $ | 9,643 |  |  | $ | 7,567 |  |  | $ | 1,367 |  |  | $ | 44,125 |
Net Book Value at June 30, 2015 | $ | 1,345,302 |  |  | $ | 346,823 |  |  | $ | 218,735 |  |  | $ | 28,321 |  |  | $ | 1,939,181 |
(a) | Primarily relates to the acquisition of the remaining interest in Shanghai Chemetall. See Note 2, “Acquisitions.”
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 | $ | 41,148 |
2016 | $ | 82,296 |
2017 | $ | 82,296 |
2018 | $ | 82,296 |
2019 | $ | 82,296 |

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