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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2012
Changes in Carrying Amount of Goodwill by Reportable Segment

Changes in the carrying amount of goodwill by reportable segment for the years ended December 31, 2012, 2011 and 2010 are summarized below:

GOODWILL

 

 

  in thousands     Aggregates      Concrete       Asphalt Mix       Cement      Total   

  Gross Carrying Amount

            

  Total as of December 31, 2010

     $3,005,383        $0         $91,633         $252,664        $3,349,680   

  Goodwill of divested businesses

     (10,300     0         0         0        (10,300

  Total as of December 31, 2011

     $2,995,083        $0         $91,633         $252,664        $3,339,380   

  Total as of December 31, 2012

     $2,995,083        $0         $91,633         $252,664        $3,339,380   

  Accumulated Impairment Losses

            

  Total as of December 31, 2010

     $0        $0         $0         ($252,664     ($252,664

  Total as of December 31, 2011

     $0        $0         $0         ($252,664     ($252,664

  Total as of December 31, 2012

     $0        $0         $0         ($252,664     ($252,664

  Goodwill, net of Accumulated Impairment Losses

            

  Total as of December 31, 2010

     $3,005,383        $0         $91,633         $0        $3,097,016   

  Total as of December 31, 2011

     $2,995,083        $0         $91,633         $0        $3,086,716   

  Total as of December 31, 2012

     $2,995,083        $0         $91,633         $0        $3,086,716   
Gross Carrying Amount and Accumulated Amortization by Major Intangible Asset Class

The gross carrying amount and accumulated amortization by major intangible asset class for the years ended December 31 are summarized below:

INTANGIBLE ASSETS

 

  in thousands                     2012                      2011  

  Gross Carrying Amount

    

  Contractual rights in place

     $640,450        $640,450   

  Noncompetition agreements

     1,450        1,430   

  Favorable lease agreements

     16,677        16,677   

  Permitting, permitting compliance and zoning rights

     82,596        76,956   

  Customer relationships

     14,493        14,493   

  Trade names and trademarks

     5,006        5,006   

  Other

     3,711        3,200   

  Total gross carrying amount

     $764,383        $758,212   

  Accumulated Amortization

    

  Contractual rights in place

     ($42,470     ($35,748

  Noncompetition agreements

     (985     (841

  Favorable lease agreements

     (2,584     (2,031

  Permitting, permitting compliance and zoning rights

     (14,625     (12,880

  Customer relationships

     (5,927     (4,466

  Trade names and trademarks

     (2,044     (1,544

  Other

     (3,216     (3,200

  Total accumulated amortization

     ($71,851     ($60,710

  Total Intangible Assets Subject to Amortization, net

     $692,532        $697,502   

  Intangible Assets with Indefinite Lives

     0        0   

  Total Intangible Assets, net

     $692,532        $697,502   

  Aggregate Amortization Expense for the Year

     $11,869        $14,032   
Estimated Amortization Expense

Estimated amortization expense for the five years subsequent to December 31, 2012 is as follows:

 

  in thousands 

        

  Estimated Amortization Expense for Five Subsequent Years

  

  2013

     $12,043   

  2014

     12,090   

  2015

     12,255   

  2016

     12,792   

  2017

     13,980