XML 29 R39.htm IDEA: XBRL DOCUMENT v2.4.0.6
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2012
Schedule of Change in Net Carrying Amount of Goodwill by Segment

The change in the net carrying amount of goodwill for the years ended December 31, 2012 and 2011 by segment is as follows (in thousands):

   

Steel

Mills

        Steel
  Products  
        Raw
Materials
       

All

Other

       Total  

Balance, December 31, 2010

  $ 268,466        $ 799,060        $ 679,916        $     88,852       $ 1,836,294   

Acquisitions

    -              -              2,986        -             2,986   

Translation

    -              (8,619       -            -             (8,619
 

 

 

     

 

 

     

 

 

     

 

    

 

 

 

Balance, December 31, 2011

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

Acquisitions and dispositions

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

Translation

    -              18,464          -            -             18,464   
 

 

 

     

 

 

     

 

 

     

 

    

 

 

 

Balance, December 31, 2012

  $     407,045        $     805,416        $     703,225        $     88,852       $  2,004,538   
 

 

 

     

 

 

     

 

 

     

 

    

 

 

 
Schedule of Intangible Assets

Intangible assets with estimated lives of 3 to 22 years are amortized on a straight-line or accelerated basis and are comprised of the following (in thousands):

 

     December 31, 2012      December 31, 2011  
       Gross Amount        Accumulated
Amortization
     Gross
Amount
         Accumulated    
Amortization
 

Customer relationships

     $ 1,156,979           $ 325,819           $ 941,787           $ 262,841     

Trademarks and trade names

     152,869           32,653           123,192           25,628     

Other

     28,610           20,746           25,868           17,738     
  

 

 

    

 

 

    

 

 

    

 

 

 
     $        1,338,458           $        379,218           $  1,090,847           $          306,207