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INTANGIBLE ASSETS AND GOODWILL (Tables)
9 Months Ended
Sep. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible assets
The Company's intangible assets at September 30, 2016 and December 31, 2015 consisted of the following (in thousands): 
 
September 30, 2016
 
December 31, 2015
 
 
 
 
 
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
$
822,559

 
$
(267,855
)
 
$
554,704

 
$
824,932

 
$
(227,994
)
 
$
596,938

 
10 - 20 years
 
16 years
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Technology
113,278

 
(76,662
)
 
36,616

 
112,639

 
(61,404
)
 
51,235

 
1 - 5 years
 
5 years
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Patents
1,623

 
(1,589
)
 
34

 
1,623

 
(1,562
)
 
61

 
15 years
 
15 years
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Internet domain names
42,024

 
(25,401
)
 
16,623

 
40,352

 
(20,954
)
 
19,398

 
2 - 20 years
 
8 years
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Trade names
1,669,250

 
(242,399
)
 
1,426,851

 
1,671,356

 
(183,101
)
 
1,488,255

 
4 - 20 years
 
20 years
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-compete agreements
21,900

 
(16,515
)
 
5,385

 
22,847

 
(11,201
)
 
11,646

 
3 - 4 years
 
3 years
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other

 

 

 
135

 
(135
)
 

 

 

Total intangible assets
$
2,670,634

 
$
(630,421
)
 
$
2,040,213

 
$
2,673,884

 
$
(506,351
)
 
$
2,167,533

 
 
 
 
Annual estimated amortization expense for intangible assets for the remainder of 2016, the next five years and thereafter

The amortization expense for intangible assets for the remainder of 2016, the annual expense for the next five years, and the expense thereafter is expected to be as follows (in thousands): 
2016
$
41,964

2017
160,768

2018
142,125

2019
131,788

2020
124,689

2021
119,710

Thereafter
1,319,169

 
$
2,040,213

 
Goodwill
The change in goodwill for the nine months ended September 30, 2016 consists of the following (in thousands): 
Balance at December 31, 2015
$
3,375,000

Impairment
(940,700
)
Currency translation adjustments
(17,962
)
Balance at September 30, 2016
$
2,416,338