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GOODWILL (Tables)
12 Months Ended
Dec. 31, 2014
GOODWILL [Abstract]  
Changes in Carrying Amount of Goodwill by Reportable Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

in thousands

Aggregates

 

 

Asphalt Mix

 

 

Concrete

 

 

Calcium 1

 

 

Total

 

Goodwill

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total as of December 31, 2011

$   2,995,083 

 

 

$     91,633 

 

 

$              0 

 

 

$              0 

 

 

$  3,086,716 

 

Total as of December 31, 2012

$   2,995,083 

 

 

$     91,633 

 

 

$              0 

 

 

$              0 

 

 

$  3,086,716 

 

Goodwill of divested businesses 2

(5,195)

 

 

 

 

 

 

 

 

(5,195)

 

Total as of December 31, 2013

$   2,989,888 

 

 

$     91,633 

 

 

$              0 

 

 

$              0 

 

 

$  3,081,521 

 

Goodwill of acquired businesses 2

13,303 

 

 

 

 

 

 

 

 

13,303 

 

Total as of December 31, 2014

$   3,003,191 

 

 

$     91,633 

 

 

$              0 

 

 

$              0 

 

 

$  3,094,824 

 

 

 

 

1

The goodwill for the Calcium (formerly Cement) segment of $252,664 thousand was fully impaired in 2008.

2

Refer to Note 19 for additional details.

 

Gross Carrying Amount and Accumulated Amortization by Major Intangible Asset Class

 

 

 

 

 

 

 

 

 

 

 

 

 

 

in thousands

2014 

 

 

2013 

 

Gross Carrying Amount

 

 

 

 

 

Contractual rights in place 1

$      812,373 

 

 

$     737,619 

 

Noncompetition agreements

2,550 

 

 

1,200 

 

Favorable lease agreements

16,677 

 

 

16,677 

 

Customer relationships 2

3,555 

 

 

14,393 

 

Trade names and trademarks 2

 

 

5,006 

 

Other

512 

 

 

2,014 

 

Total gross carrying amount

$      835,667 

 

 

$     776,909 

 

Accumulated Amortization

 

 

 

 

 

Contractual rights in place 1

$       (72,289)

 

 

$     (65,461)

 

Noncompetition agreements

(119)

 

 

(925)

 

Favorable lease agreements

(3,489)

 

 

(3,053)

 

Customer relationships 2

(1,459)

 

 

(7,275)

 

Trade names and trademarks 2

 

 

(2,587)

 

Other

(68)

 

 

(30)

 

Total accumulated amortization

$       (77,424)

 

 

$     (79,331)

 

Total Intangible Assets Subject to Amortization, net

$      758,243 

 

 

$     697,578 

 

Intangible Assets with Indefinite Lives

 

 

 

Total Intangible Assets, net

$      758,243 

 

 

$     697,578 

 

Amortization Expense for the Year

$        10,966 

 

 

$       11,732 

 

 

Estimated Amortization Expense

 

 

 

 

 

 

in thousands

 

 

Estimated Amortization Expense for Five Subsequent Years

 

2015

$        15,881 

 

2016

15,992 

 

2017

15,001 

 

2018

15,876 

 

2019

16,619