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GOODWILL AND INTANTIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2018
GOODWILL AND INTANGIBLE ASSETS [Abstract]  
Changes in Carrying Amount of Goodwill by Reportable Segment







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

in thousands

Aggregates

 

 

Asphalt

 

 

Concrete

 

 

Calcium

 

 

Total

 

Goodwill

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals at December 31, 2016

$   3,003,191 

 

 

$     91,633 

 

 

$              0 

 

 

$              0 

 

 

$  3,094,824 

 

Goodwill of acquired businesses 1

27,497 

 

 

 

 

 

 

 

 

27,497 

 

Totals at December 31, 2017

$   3,030,688 

 

 

$     91,633 

 

 

$              0 

 

 

$              0 

 

 

$  3,122,321 

 

Goodwill of acquired businesses 1

43,075 

 

 

 

 

 

 

 

 

43,075 

 

Totals at December 31, 2018

$   3,073,763 

 

 

$     91,633 

 

 

$              0 

 

 

$              0 

 

 

$  3,165,396 

 





 

1

See Note 19 for a summary of acquisitions.



Gross Carrying Amount and Accumulated Amortization by Major Intangible Asset Class



 

 

 

 

 

 



 

 

 

 

 

 

in thousands

2018

 

 

2017

 

Gross Carrying Amount

 

 

 

 

 

Contractual rights in place

$    1,107,838 

 

 

$  1,050,816 

 

Noncompetition agreements

7,667 

 

 

7,067 

 

Favorable lease agreements

9,479 

 

 

9,479 

 

Permitting, permitting compliance and zoning rights

126,538 

 

 

119,002 

 

Other 1

4,517 

 

 

4,616 

 

Total gross carrying amount

$    1,256,039 

 

 

$  1,190,980 

 

Accumulated Amortization

 

 

 

 

 

Contractual rights in place

$      (122,100)

 

 

$     (94,534)

 

Noncompetition agreements

(4,212)

 

 

(2,440)

 

Favorable lease agreements

(3,533)

 

 

(3,179)

 

Permitting, permitting compliance and zoning rights

(27,464)

 

 

(24,352)

 

Other 1

(3,352)

 

 

(2,845)

 

Total accumulated amortization

$      (160,661)

 

 

$   (127,350)

 

Total Intangible Assets Subject to Amortization, net

$    1,095,378 

 

 

$  1,063,630 

 

Intangible Assets with Indefinite Lives

 

 

 

Total Intangible Assets, net

$    1,095,378 

 

 

$  1,063,630 

 

Amortization Expense for the Year

$         34,924 

 

 

$       23,765 

 





 

1

Includes customer relationships and tradenames and trademarks.



Estimated Amortization Expense



 

 



 

 

in thousands

 

 

Estimated Amortization Expense for Five Subsequent Years

 

2019

$        34,973 

 

2020

33,698 

 

2021

31,695 

 

2022

29,146 

 

2023

28,635