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FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2016
Goodwill [Member]  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Schedule of underlying assumptions utilized in fair value
Assumptions may vary by reporting unit.  The table below shows the range of assumptions utilized across the various reporting units.
 
  
 
Goodwill Impairment Analysis
 
  
 
Key Assumptions
 
  
 
2016 - Interim
  
2015 - Annual
 
 
      
Income Approach - Discounted Cash Flows (a):
      
Revenue 5-year compound annual growth rate (CAGR)
  
(9.0%) - (0.6%)
 
  
2.6% - 2.7%
 
2016 EBITDA margins (b)
  
5.1% - 6.6%
 
  
7.2% - 8.4%
 
Cost of equity capital
  
11.6% - 14.7%
 
  
12.3% - 16.5%
 
Cost of debt capital
  
3.6% - 8.5%
 
  
2.4% - 5.9%
 
Weighted average cost of capital
  
10.0% - 14.0%
 
  
11.0% - 15.0%
 
 
        
Market Approach - Multiples of Guideline Companies (a):
        
Net operating revenue multiples used
  
0.4 - 0.6
   
0.4 - 0.5
 
Operating EBITDA multiples used (b)
  
5.9 - 6.3
   
5.0 - 5.3
 
Invested capital control premium
  
25%
 
  
25%
 
 
        
Weighting of Valuation Methods:
        
Income Approach - Discounted Cash Flows
  
75%
 
  
75%
 
Market Approach - Multiples of Guideline Companies
  
25%
 
  
25%
 
 
        
(a) Ranges noted reflect assumptions and multiples used throughout the North America, Asia and Europe reporting units
 
(b) EBITDA represents earnings before interest, taxes, depreciation and amortization
     
Trademarks [Member]  
Fair Value Inputs, Assets, Quantitative Information [Line Items]  
Schedule of underlying assumptions utilized in fair value
The table below shows the range of assumptions utilized across the Company's various trademarks.
 
 
 
Trademark Impairment Analysis
 
 
 
Key Assumptions
 
 
2016 - Interim
  
2015 - Annual
 
 
      
Revenue 5-year compound annual growth rate (CAGR)
  
(0.4%) - 2.7%
 
  
0.2% - 4.0%
 
Estimated fair royalty rate
  
0.25% - 1.5%
 
  
0.5% - 2.0%
 
Discount rate
  
11.0% - 15.0%
 
  
12.0% - 14.0%