INTANGIBLE ASSETS AND GOODWILL (Tables)

3 Months Ended

Mar. 31, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible assets

The Company’s intangible assets consist of the following (in thousands): 

	March 31, 2012							December 31, 2011
	Gross  Carrying  Amount		Accumulated Amortization			Net  Carrying  Amount		Gross  Carrying  Amount		Accumulated Amortization			Net  Carrying  Amount		Amortization Period	Weighted  Average  Useful Life
Supply and distribution agreements	$	267,998	$	(105,563	)	$	162,435	$	260,288	$	(97,114	)	$	163,174	10 - 13 years	12 years
Technology	23,520		(23,289		)	231		22,982		(22,708		)	274		3 years	3 years
Patents	1,638		(1,411		)	227		1,638		(1,399		)	239		15 years	15 years
Customer lists	20,514		(20,243		)	271		19,923		(19,150		)	773		2 years	2 years
Internet domain names	18,562		(1,149		)	17,413		5,215		(625		)	4,590		2 - 20 years	7 years
Trade names	53,649		(23,328		)	30,321		52,272		(21,192		)	31,080		5 - 20 years	11 years
Other	345		(325		)	20		345		(324		)	21		3 - 10 years	4 years
Total intangible assets	$	386,226	$	(175,308	)	$	210,918	$	362,663	$	(162,512	)	$	200,151

Annual estimated amortization expense for intangible assets for the next five years and thereafter

The estimated amortization expense for intangible assets for the remainder of 2012, the annual expense for the next five years, and the expense thereafter is expected to be as follows (in thousands): 

2012	$	24,496
2013	31,822
2014	31,746
2015	28,966
2016	26,318
2017	22,502
Thereafter	45,068
	$	210,918

Goodwill

The change in goodwill for the three months ended March 31, 2012 consists of the following (in thousands): 

Balance at December 31, 2011	$	504,784
Acquisition	4,462
Currency translation adjustments	11,523
Balance at March 31, 2012	$	520,769