XML 24 R14.htm IDEA: XBRL DOCUMENT v3.10.0.1
GOODWILL AND OTHER INTANGIBLE ASSETS
9 Months Ended
Sep. 30, 2018
GOODWILL AND OTHER INTANGIBLE ASSETS  
GOODWILL AND OTHER INTANGIBLE ASSETS

NOTE F — GOODWILL AND OTHER INTANGIBLE ASSETS

 

We assess goodwill and indefinite lived intangible assets for impairment annually on October 1st, and between annual tests if an event occurs, or circumstances change, that would more likely than not reduce the fair value of a reporting unit below its carrying value.

 

The carrying value of goodwill as of September 30, 2018 and December 31, 2017 was $196.3 million and related to our Patient Care segment.

 

The balances related to intangible assets as of September 30, 2018 and December 31, 2017 are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of September 30, 2018

 

As of December 31, 2017

 

    

Gross

    

 

 

    

 

    

    

Net

    

Gross

    

 

 

    

 

    

    

Net

 

 

Carrying

 

Accumulated

 

Accumulated

 

Carrying

 

Carrying

 

Accumulated

 

Accumulated

 

Carrying

(in thousands)

 

Amount

 

Amortization

 

Impairment

 

Amount

 

Amount

 

Amortization

 

Impairment

 

Amount

Customer lists

 

$

30,563

 

$

(22,671)

 

$

 —

 

$

7,892

 

$

36,439

 

$

(24,267)

 

$

 —

 

$

12,172

Other intangible assets

 

 

14,996

 

 

(10,551)

 

 

 —

 

 

4,445

 

 

15,820

 

 

(10,352)

 

 

 —

 

 

5,468

Definite-lived intangible assets

 

 

45,559

 

 

(33,222)

 

 

 —

 

 

12,337

 

 

52,259

 

 

(34,619)

 

 

 —

 

 

17,640

Indefinite-life trade name

 

 

9,070

 

 

 —

 

 

(4,770)

 

 

4,300

 

 

9,070

 

 

 —

 

 

(4,770)

 

 

4,300

Total other intangible assets

 

$

54,629

 

$

(33,222)

 

$

(4,770)

 

$

16,637

 

$

61,329

 

$

(34,619)

 

$

(4,770)

 

$

21,940

 

Total intangible amortization expense was approximately $1.5 million and $2.3 million for the three months ended September 30, 2018 and 2017, respectively and $5.3 million and $7.2 million for the nine months ended September 30, 2018 and 2017, respectively.

 

Estimated aggregate amortization expense for definite-lived intangible assets for each of the next five years ended December 31st and thereafter is as follows:

 

 

 

 

 

(in thousands)

    

 

 

2018 (remainder of year)

 

$

1,436

2019

 

 

3,762

2020

 

 

3,509

2021

 

 

927

2022

 

 

860

Thereafter

 

 

1,843

Total

 

$

12,337