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Goodwill and other intangible assets, net (Tables)
6 Months Ended
Jun. 30, 2013
Changes in Carrying Amount of Goodwill, by Reporting Segment

The following table provides information relating to changes in the carrying amount of goodwill, by reportable segment, for the six months ended June 30, 2013:

 

     Americas
Segment
    EMEA
Segment
    Asia
Segment
    OEM
Segment
     Total  
     (Dollars in thousands)  

Balance as of December 31, 2012

           

Goodwill

   $ 1,086,707      $ 353,282      $ 141,595      $ —         $ 1,581,584   

Accumulated impairment losses

     (332,128     —          —          —           (332,128
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 
     754,579        353,282        141,595        —           1,249,456   

Goodwill related to acquisitions

     5,278        5,370        —          —           10,648   

Purchase accounting adjustment

     (1,733     —          —          —           (1,733

Translation adjustment

     (1,052     (8,784     (7,943     —           (17,779

Balance as of June 30, 2013

           

Goodwill

     1,089,200        349,868        133,652        —           1,572,720   

Accumulated impairment losses

     (332,128     —          —          —           (332,128
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 
   $ 757,072      $ 349,868      $ 133,652      $ —         $ 1,240,592   
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 
Components of Intangible Assets

The following table provides information, as of June 30, 2013 and December 31, 2012, regarding the gross carrying amount of, and accumulated amortization relating to, intangible assets, net:

 

     Gross Carrying Amount      Accumulated Amortization  
     June 30,
2013
     December 31,
2012
     June 30,
2013
    December 31,
2012
 
     (Dollars in thousands)  

Customer relationships

   $ 584,064       $ 580,151       $ (154,456   $ (141,520

In-process research and development (“IPR&D”)

     68,376         53,157         —          —     

Intellectual property

     277,155         276,458         (103,639     (95,967

Distribution rights

     16,532         16,567         (14,093     (13,880

Trade names

     381,367         384,131         (2,461     (305
  

 

 

    

 

 

    

 

 

   

 

 

 
   $ 1,327,494       $ 1,310,464       $ (274,649   $ (251,672
  

 

 

    

 

 

    

 

 

   

 

 

 
Estimated Annual Amortization Expense

Estimated annual amortization expense for the remainder of 2013 and the next four succeeding years is as follows (dollars in thousands):

 

2013

   $ 25,200   

2014

     46,700   

2015

     44,400   

2016

     44,100   

2017

     43,700