XML 63 R45.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Goodwill and Other Intangibles (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes in Goodwill | The following table summarizes the changes in goodwill by reportable segment for the years ended December 31, 2016 and 2015 (in thousands):
| Lithium and Advanced Materials |  | Bromine Specialties |  | Refining Solutions |  | All Other |  | Total
Balance at December 31, 2014(a) | $ | 21,697 |  |  | $ | 20,319 |  |  | $ | 192,657 |  |  | $ | 8,589 |  |  | $ | 243,262 |
Acquisition of Rockwood | 1,293,467 |  |  | — |  |  | — |  |  | 41,151 |  |  | 1,334,618 |
Reclass to assets held for sale(b) | — |  |  | — |  |  | — |  |  | (46,794 | ) |  | (46,794 | )
Foreign currency translation adjustments | (47,659 | ) |  | — |  |  | (19,929 | ) |  | (2,946 | ) |  | (70,534 | )
Balance at December 31, 2015(a)(c) | 1,267,505 |  |  | 20,319 |  |  | 172,728 |  |  | — |  |  | 1,460,552 |
Acquisition of Rockwood(d) | (1,706 | ) |  | — |  |  | — |  |  | — |  |  | (1,706 | )
Other acquisitions(e) | 113,555 |  |  | — |  |  | — |  |  | — |  |  | 113,555 |
Reclass from assets held for sale(f) | — |  |  | — |  |  | — |  |  | 6,586 |  |  | 6,586 |
Foreign currency translation adjustments | (31,093 | ) |  | — |  |  | (7,862 | ) |  | — |  |  | (38,955 | )
Balance at December 31, 2016 | $ | 1,348,261 |  |  | $ | 20,319 |  |  | $ | 164,866 |  |  | $ | 6,586 |  |  | $ | 1,540,032 |
(a) | The December 31, 2015 and 2014 balances have been recast to reflect a change in segments. See Note 25, “Segment and Geographic Area Information,” for further details.
(b) | Represents Goodwill of the minerals-based flame retardants and specialty chemicals, fine chemistry services and metal sulfides businesses. See Note 3, “Divestitures,” for additional information.
(c) | As of December 31, 2015, $1.5 billion of Goodwill was classified as Assets held for sale in the consolidated balance sheets. See Note 3, “Divestitures,” for additional information.
(d) | Represents final purchase price adjustments for the Rockwood acquisition recorded for the year ended December 31, 2016. Excludes $3.2 million of final purchase price adjustments for businesses reported as discontinued operations.
(e) | Represents preliminary purchase price adjustments for the Jiangxi Jiangli New Materials Science and Technology Co. Ltd. acquisition recorded for the year ended December 31, 2016. See Note 2, “Acquisitions,” for additional information.
(f) | Represents Goodwill of the fine chemistry services business, which was reported in Assets held for sale on the consolidated balance sheets as of December 31, 2015, but reclassified back to Goodwill during the year end December 31, 2016. See Note 3, “Divestitures,” for additional information.
Other Intangibles | Other intangibles consist of the following at December 31, 2016 and 2015 (in thousands):
| Customer Lists and Relationships |  | Trade Names and Trademarks (a) |  | 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 | 386,330 |  |  | — |  |  | 58,230 |  |  | — |  |  | 444,560 |
Reclass to assets held for sale(b) | (16,608 | ) |  | — |  |  | (54,060 | ) |  | (1,454 | ) |  | (72,122 | )
Foreign currency translation adjustments and other | (19,476 | ) |  | (632 | ) |  | (4,424 | ) |  | (4,208 | ) |  | (28,740 | )
Balance at December 31, 2015 | 398,725 |  |  | 16,923 |  |  | 40,144 |  |  | 17,779 |  |  | 473,571 |
Reclass from assets held for sale(c) | — |  |  | — |  |  | — |  |  | 1,454 |  |  | 1,454 |
Foreign currency translation adjustments and other | (10,832 | ) |  | (409 | ) |  | (1,710 | ) |  | (389 | ) |  | (13,340 | )
Balance at December 31, 2016 | $ | 387,893 |  |  | $ | 16,514 |  |  | $ | 38,434 |  |  | $ | 18,844 |  |  | $ | 461,685 |
Accumulated Amortization |  |  |  |  |  |  |  |  |
Balance at December 31, 2014 | $ | (22,931 | ) |  | $ | (7,912 | ) |  | $ | (32,831 | ) |  | $ | (22,074 | ) |  | $ | (85,748 | )
Amortization | (11,441 | ) |  | (423 | ) |  | (4,654 | ) |  | (401 | ) |  | (16,919 | )
Reclass to assets held for sale(b) | 596 |  |  | — |  |  | 3,880 |  |  | 1,322 |  |  | 5,798 |
Foreign currency translation adjustments and other | 1,120 |  |  | 249 |  |  | 1,597 |  |  | 4,200 |  |  | 7,166 |
Balance at December 31, 2015 | (32,656 | ) |  | (8,086 | ) |  | (32,008 | ) |  | (16,953 | ) |  | (89,703 | )
Amortization | (18,034 | ) |  | — |  |  | (574 | ) |  | (431 | ) |  | (19,039 | )
Reclass from assets held for sale(c) | — |  |  | — |  |  | — |  |  | (1,322 | ) |  | (1,322 | )
Foreign currency translation adjustments and other | 1,525 |  |  | 134 |  |  | 899 |  |  | 385 |  |  | 2,943 |
Balance at December 31, 2016 | $ | (49,165 | ) |  | $ | (7,952 | ) |  | $ | (31,683 | ) |  | $ | (18,321 | ) |  | $ | (107,121 | )
Net Book Value at December 31, 2015(d) | $ | 366,069 |  |  | $ | 8,837 |  |  | $ | 8,136 |  |  | $ | 826 |  |  | $ | 383,868 |
Net Book Value at December 31, 2016 | $ | 338,728 |  |  | $ | 8,562 |  |  | $ | 6,751 |  |  | $ | 523 |  |  | $ | 354,564 |
(a) | Balances as of December 31, 2015 and 2016 include only indefinite-lived intangible assets.
(b) | Represents Other intangibles and related amortization of the minerals-based flame retardants and specialty chemicals, fine chemistry services and metal sulfides businesses. See Note 3, “Divestitures,” for additional information.
(c) | Represents Other intangibles and related amortization of the fine chemistry services business, which was reported in Assets held for sale on the consolidated balance sheets as of December 31, 2015, but reclassified back to Other intangibles during the year end December 31, 2016. See Note 3, “Divestitures,” for additional information.
(d) | As of December 31, 2015, $1.4 billion of Other intangibles, net of amortization were classified as Assets held for sale in the consolidated balance sheets. See Note 3 “Divestitures,” for additional information.
Total Estimated Amortization Expense of Other Intangibles for Next Five Fiscal Years | Total estimated amortization expense of other intangibles, excluding other intangibles in assets held for sale, for the next five fiscal years is as follows (in thousands):
| Estimated Amortization Expense
2017 | $ | 20,714 |
2018 | $ | 22,019 |
2019 | $ | 22,327 |
2020 | $ | 21,671 |
2021 | $ | 21,392 |

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 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 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: 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=66006027&loc=d3e16265-109275 + 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

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=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration