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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 29, 2012
Schedule Of Change In Net Carrying Amount Of Goodwill By Segment
6. GOODWILL AND OTHER INTANGIBLE ASSETS: The change in the net carrying amount of goodwill for the nine months ended September 29, 2012 by segment is as follows (in thousands):

 

     Steel Mills      Steel
Products
    Raw
Materials
     All
Other
     Total  

Balance at December 31, 2011

   $ 268,466       $ 790,441      $ 682,902       $ 88,852       $ 1,830,661   

Acquisitions (dispositions)

     138,579         (3,489     20,323         —           155,413   

Translation

     —           22,387        —           —           22,387   
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

 

Balance at September 29, 2012

   $ 407,045       $ 809,339      $ 703,225       $ 88,852       $ 2,008,461   
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

 
Schedule Of Intangible Assets

Intangible assets with estimated useful lives of three to 22 years are amortized on a straight-line or accelerated basis and are comprised of the following (in thousands):

 

     Sept. 29, 2012      Dec. 31, 2011  
     Gross
Amount
     Accumulated
Amortization
     Gross
Amount
     Accumulated
Amortization
 

Customer relationships

   $ 1,158,492       $ 309,001       $ 941,787       $ 262,841   

Trademarks and trade names

     153,113         30,755         123,192         25,628   

Other

     28,468         19,969         25,868         17,738   
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 1,340,073       $ 359,725       $ 1,090,847       $ 306,207