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Goodwill and other intangible assets (Tables)
12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill, by Reporting Segment
Changes in the carrying amount of goodwill, by reporting segment, for the twelve months ended December 31, 2014 and 2013 are as follows:
 
Vascular North America
 
Anesthesia/Respiratory North America
 
Surgical North America
 
EMEA
 
Asia
 
All Other
 
Total
 
(Dollars in thousands)
Balance as of December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
$
459,696

 
$
167,195

 
$
250,506

 
$
373,417

 
$
136,946

 
$
298,571

 
$
1,686,331

Accumulated impairment losses
(219,527
)
 
(107,073
)
 

 

 

 
(5,528
)
 
(332,128
)
 
240,169

 
60,122

 
250,506

 
373,417

 
136,946

 
293,043

 
1,354,203

Goodwill related to acquisitions

 

 
406

 


 
15,986

 

 
$
16,392

Translation adjustment

 
(681
)
 

 
(34,388
)
 
(8,220
)
 
(3,753
)
 
(47,042
)
Balance as of December 31, 2014
 

 
 
 
 
 
 
 
 

 
 

 
 

Goodwill
459,696

 
166,514

 
250,912

 
339,029

 
144,712

 
294,818

 
1,655,681

Accumulated impairment losses
(219,527
)
 
(107,073
)
 

 

 

 
(5,528
)
 
(332,128
)
 
$
240,169

 
$
59,441

 
$
250,912

 
$
339,029

 
$
144,712

 
$
289,290

 
$
1,323,553


 
 
Vascular North America
 
Anesthesia/Respiratory North America
 
Surgical North America
 
EMEA
 
Asia
 
All Other
 
Total
 
(Dollars in thousands)
Balance as of December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
$
407,090

 
$
167,942

 
$
245,794

 
$
353,282

 
$
139,469

 
$
257,003

 
1,570,580

Accumulated impairment losses
(219,527
)
 
(107,073
)
 

 

 

 
(5,528
)
 
(332,128
)
 
187,563

 
60,869

 
245,794

 
353,282

 
139,469

 
251,475

 
1,238,452

Goodwill related to acquisitions
52,606

 

 
4,712

 
17,922

 
6,394

 
41,650

 
123,284

Translation adjustment

 
(747
)
 

 
2,213

 
(8,917
)
 
(82
)
 
(7,533
)
Balance as of December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 

Goodwill
459,696

 
167,195

 
250,506

 
373,417

 
136,946

 
298,571

 
1,686,331

Accumulated impairment losses
(219,527
)
 
(107,073
)
 

 

 

 
(5,528
)
 
(332,128
)
 
$
240,169

 
$
60,122

 
$
250,506

 
$
373,417

 
$
136,946

 
$
293,043

 
$
1,354,203

Components of Intangible Assets
Intangible assets at December 31, 2014 and 2013 consisted of the following:
 
Gross Carrying Amount
 
Accumulated Amortization
 
2014
 
2013
 
2014
 
2013
 
(Dollars in thousands)
Customer lists
$
624,574

 
$
628,020

 
$
(192,876
)
 
$
(168,223
)
In-process research and development
68,694

 
68,786

 

 

Intellectual property
467,068

 
435,869

 
(146,131
)
 
(118,086
)
Distribution rights
16,101

 
16,797

 
(14,243
)
 
(14,592
)
Trade names
396,269

 
407,879

 
(2,764
)
 
(1,148
)
Noncompete agreements
337

 
337

 
(309
)
 
(42
)
 
$
1,573,043

 
$
1,557,688

 
$
(356,323
)
 
$
(302,091
)
Estimated Annual Amortization Expense
Amortization expense related to intangible assets was $60.9 million, $50.6 million, and $44.3 million for the twelve months ended December 31, 2014, 2013 and 2012, respectively. Estimated annual amortization expense for each of the five succeeding years is as follows:
 
(Dollars in thousands)
2015
$
55,750

2016
55,400

2017
54,950

2018
54,700

2019
54,500