XML 39 R19.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Goodwill and Other Intangibles | 12 Months Ended
--- | ---
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangibles | Goodwill and Other Intangibles: The following table summarizes the changes in goodwill by reportable segment for the years ended December 31, 2017 and 2016 (in thousands):
| Lithium and Advanced Materials |  | Bromine Specialties |  | Refining Solutions |  | All Other |  | Total
Balance at December 31, 2015 | $ | 1,267,505 |  |  | $ | 20,319 |  |  | $ | 172,728 |  |  | $ | — |  |  | $ | 1,460,552 |
Acquisition of Rockwood(a) | (1,706 | ) |  | — |  |  | — |  |  | — |  |  | (1,706 | )
Other acquisitions(b) | 113,555 |  |  | — |  |  | — |  |  | — |  |  | 113,555 |
Reclass from assets held for sale(c) | — |  |  | — |  |  | — |  |  | 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 |
Other acquisitions(d) | (26,151 | ) |  | — |  |  | — |  |  | — |  |  | (26,151 | )
Reclass to assets held for sale(e) | (14,422 | ) |  | — |  |  | — |  |  | — |  |  | (14,422 | )
Foreign currency translation adjustments and other | 88,452 |  |  | — |  |  | 22,444 |  |  | — |  |  | 110,896 |
Balance at December 31, 2017 | $ | 1,396,140 |  |  | $ | 20,319 |  |  | $ | 187,310 |  |  | $ | 6,586 |  |  | $ | 1,610,355 |
(a) | 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.
(b) | Represents preliminary purchase price adjustments for the Jiangli New Materials acquisition recorded for the year ended December 31, 2016. See Note 2, “Acquisitions,” for additional information.
(c) | 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.
(d) | Primarily represents final purchase price adjustments for the Jiangli New Materials acquisition recorded for the year ended December 31, 2017. See Note 2, “Acquisitions,” for additional information.
(e) | Represents Goodwill of the polyolefin catalysts and components portion of the PCS business. See Note 3, “Divestitures,” for additional information.
Other intangibles consist of the following at December 31, 2017 and 2016 (in thousands):
| Customer Lists and Relationships |  | Trade Names and Trademarks (a) |  | Patents and Technology |  | Other |  | Total
Gross Asset Value |  |  |  |  |  |  |  |  |
Balance at December 31, 2015 | $ | 398,725 |  |  | $ | 16,923 |  |  | $ | 40,144 |  |  | $ | 17,779 |  |  | $ | 473,571 |
Reclass from assets held for sale(b) | — |  |  | — |  |  | — |  |  | 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 |
Acquisitions(c) | 19,225 |  |  | 1,429 |  |  | 20,381 |  |  | 18,847 |  |  | 59,882 |
Reclass to assets held for sale(d) | — |  |  | — |  |  | — |  |  | (4,228 | ) |  | (4,228 | )
Foreign currency translation adjustments and other | 32,194 |  |  | 1,038 |  |  | 2,803 |  |  | 3,793 |  |  | 39,828 |
Balance at December 31, 2017 | $ | 439,312 |  |  | $ | 18,981 |  |  | $ | 61,618 |  |  | $ | 37,256 |  |  | $ | 557,167 |
Accumulated Amortization |  |  |  |  |  |  |  |  |
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(b) | — |  |  | — |  |  | — |  |  | (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 | )
Amortization | (21,288 | ) |  | — |  |  | (1,412 | ) |  | (2,379 | ) |  | (25,079 | )
Reclass to assets held for sale(d) | — |  |  | — |  |  | — |  |  | 596 |  |  | 596 |
Foreign currency translation adjustments and other | (4,251 | ) |  | (343 | ) |  | (2,108 | ) |  | 2,642 |  |  | (4,060 | )
Balance at December 31, 2017 | $ | (74,704 | ) |  | $ | (8,295 | ) |  | $ | (35,203 | ) |  | $ | (17,462 | ) |  | $ | (135,664 | )
Net Book Value at December 31, 2016 | $ | 338,728 |  |  | $ | 8,562 |  |  | $ | 6,751 |  |  | $ | 523 |  |  | $ | 354,564 |
Net Book Value at December 31, 2017 | $ | 364,608 |  |  | $ | 10,686 |  |  | $ | 26,415 |  |  | $ | 19,794 |  |  | $ | 421,503 |
(a) | Balances as of December 31, 2016 and 2017 include only indefinite-lived intangible assets.
(b) | 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.
(c) | Represents final purchase price adjustments for the Jiangli New Materials acquisition and the acquisition of the remaining equity interest in Salmag. See Note 2, “Acquisitions,” for additional information.
(d) | Represents Other intangibles and related amortization of the polyolefin catalysts and components portion of the PCS business. See Note 3, “Divestitures,” for additional information.
Useful lives range from 13 – 25 years for customer lists and relationships; 17 – 20 years for patents and technology; and primarily 5 – 25 years for other. Amortization of other intangibles amounted to $25.1 million, $19.0 million and $16.9 million for the years ended December 31, 2017, 2016 and 2015, respectively. Included in amortization for the year ended December 31, 2017 and 2016 is $17.7 million and $15.9 million, respectively, of amortization using the pattern of economic benefit method. Amortization of other intangibles related to discontinued operations was $26.3 million and $60.4 million for the years ended December 31, 2016 and 2015, respectively. Total estimated amortization expense of other intangibles for the next five fiscal years is as follows (in thousands):
| Estimated Amortization Expense
2018 | $ | 27,166 |
2019 | $ | 27,461 |
2020 | $ | 25,035 |
2021 | $ | 24,756 |
2022 | $ | 24,162 |

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 The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration