GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2016

GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]

The following table presents the changes in the carrying amount of goodwill and other intangible assets during the six months ended June 30, 2016 (in thousands):

	Goodwill			Other Intangible Assets			Total

Balance as of December 31, 2015	$	197,362		$	112,297		$	309,659
Purchase price adjustment		(151	)		-			(151	)
Translation adjustment		-			1,182			1,182
Amortization		-			(9,038	)		(9,038	)
Balance as of June 30, 2016	$	197,211		$	104,441		$	301,652

Goodwill Balance by Reportable Segment

The following table presents goodwill balance by reportable segment as of June 30, 2016 and December 31, 2015 (in thousands):

	June 30, 2016		December 31, 2015
Service Centers	$	164,093	$	164,244
Innovative Pumping Solutions		15,980		15,980
Supply Chain Services		17,138		17,138
Total	$	197,211	$	197,362

Amortizable Other Intangible Assets

The following table presents a summary of amortizable other intangible assets (in thousands):

	As of June 30, 2016							As of December 31, 2015
	Gross Carrying Amount		Accumulated Amortization			Carrying Amount, net		Gross Carrying Amount		Accumulated Amortization			Carrying Amount, net
Customer relationships	$	196,503	$	(92,404	)		104,099		195,580		(83,741	)		111,839
Non-compete agreements		1,848		(1,506	)		342		1,815		(1,357	)		458
Total	$	198,351	$	(93,910	)	$	104,441	$	197,395	$	(85,098	)	$	112,297