Note 8 - Goodwill and Intangible Assets

12 Months Ended

Dec. 31, 2016

Goodwill and Intangible Assets Disclosure [Text Block]

8.	Goodwill and Intangible Assets

The changes in the carrying amount of goodwill

by reportable segment for the years ended

December

31,

2016

and

2015

are as follows:

	Domestic		International			Total
Balance at December 31, 2014	$	582,686	$	52,879		$	635,565
Acquisitions of businesses, net		38,765		-			38,765
Impairment		-		(4,611	)		(4,611	)
Balance at December 31, 2015		621,451		48,268			669,719
Acquisitions of businesses, net		-		46,202			46,202
Foreign currency translation		-		(11,281	)		(11,281	)
Balance at December 31, 2016	$	621,451	$	83,189		$	704,640

The detail

s of the gross goodwill allocated to each reportable segment at

December

31,

2016

and

2015

are as follows:

	Year Ended December 31, 2016							Year Ended December 31, 2015
	Gross		Accumulated Impairment			Net		Gross		Accumulated Impairment			Net
Domestic	$	1,124,644	$	(503,193	)	$	621,451	$	1,124,644	$	(503,193	)	$	621,451
International		87,800		(4,611	)		83,189		52,879		(4,611	)		48,268
Total	$	1,212,444	$	(507,804	)	$	704,640	$	1,177,523	$	(507,804	)	$	669,719

See Note

“Acquisitions

,” to the consolidated financial statements for further information regarding the Company’s acquisitions and Note

“Significant Accounting Policies – Goodwill and Other Indefinite-Lived Intangible Assets,” to the consolidated financial statements for further information regarding the Company’s

2015

goodwill impairment charge.

The following table summarizes intangible assets by major category as of Decembe

31,

2016

and

2015:

	Weighted Average		December 31, 2016							December 31, 2015
	Amortization Years		Gross		Accumulated Amortization			Net Book Value		Gross		Accumulated Amortization			Net Book Value
Finite-lived intangible assets:
Tradenames		8	$	50,742	$	(20,189	)	$	30,553	$	43,252	$	(10,516	)	$	32,736
Customer lists		9		333,935		(288,623	)		45,312		314,600		(275,287	)		39,313
Patents		14		130,099		(82,038	)		48,061		126,491		(72,719	)		53,772
Unpatented technology		15		13,169		(11,771	)		1,398		13,169		(11,628	)		1,541
Software		-		1,046		(1,046	)		-		1,046		(1,042	)		4
Non-compete/other		7		2,513		(986	)		1,527		1,731		(508	)		1,223
Total finite-lived intangible assets			$	531,504	$	(404,653	)	$	126,851	$	500,289	$	(371,700	)	$	128,589
Indefinite-lived tradenames				128,321		-			128,321		128,321		-			128,321
Total intangible assets			$	659,825	$	(404,653	)	$	255,172	$	628,610	$	(371,700	)	$	256,910

See

Note

“Significant Accounting Policies – Goodwill and Other Indefinite-Lived Intangible Assets,” to the consolidated financial statements for further information regarding the Company’s

2015

brand strategy change and resulting tradename impairment charge, which was netted against the gross intangible asset balance at

December

31,

2015.

Amortization of intangible

assets was

$32,953,

$23,591

and

$21,024

2016,

2015

and

2014,

respectively. Excluding the impact of any future acquisitions, the Company estimates amortization expense for the next

five

years will be as follows:

2017

$27,856;

2018

$19,511;

2019

$17,816;

2020

$17,743;

2021

$15,958.

- 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.

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