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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2015
GOODWILL AND OTHER INTANGIBLE ASSETS  
Schedule of changes in the carrying amount of goodwill

 

 

Beauty +

 

 

 

Food +

 

Corporate

 

 

 

 

 

Home

 

Pharma

 

Beverage

 

& Other

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2014

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

$

171,149

 

$

141,592

 

$

17,000

 

$

1,615

 

$

331,356

 

Accumulated impairment losses

 

--

 

--

 

--

 

(1,615

)

(1,615

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

171,149

 

$

141,592

 

$

17,000

 

$

--

 

$

329,741

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency exchange effects

 

(4,294

)

(8,559

)

(506

)

--

 

(13,359

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of September 30, 2015

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

$

166,855

 

$

133,033

 

$

16,494

 

$

1,615

 

$

317,997

 

Accumulated impairment losses

 

--

 

--

 

--

 

(1,615

)

(1,615

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

166,855

 

$

133,033

 

$

16,494

 

$

--

 

$

316,382

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of amortized intangible assets

 

 

 

 

 

September 30, 2015

 

December 31, 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average

 

Gross

 

 

 

 

 

Gross

 

 

 

 

 

Amortization

 

Carrying

 

Accumulated

 

Net

 

Carrying

 

Accumulated

 

Net

 

Period (Years)

 

Amount

 

Amortization

 

Value

 

Amount

 

Amortization

 

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Patents

 

0.1

 

$

15,778

 

$

(15,748

)

$

30

 

$

17,001

 

$

(16,852

)

$

149

 

Acquired Technology

 

15.0

 

32,967

 

(8,243

)

24,724

 

35,701

 

(5,950

)

29,751

 

License agreements and other

 

5.4

 

30,682

 

(20,308

)

10,374

 

32,804

 

(22,659

)

10,145

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total intangible assets

 

8.3

 

$

79,427

 

$

(44,299

)

$

35,128

 

$

85,506

 

$

(45,461

)

$

40,045

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of future estimated amortization expense

 

Future estimated amortization expense for the years ending December 31 is as follows:

 

2015

 

$

1,025 

             (remaining estimated amortization for 2015)

 

2016

 

3,747 

 

 

2017

 

3,323 

 

 

2018

 

3,322 

 

 

2019 and thereafter

 

23,711