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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
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, 2014 and 2013 by segment is as follows (in thousands):

 

     Steel
Mills
     Steel
Products
    Raw
Materials
     All
Other
    Total  

Balance, December 31, 2012

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

Reclassifications

     88,852         —          —           (88,852     —     

Translation

     —           (26,067     —           —          (26,067

Other

     —           (4,863     —           —          (4,863
  

 

 

    

 

 

   

 

 

    

 

 

   

 

 

 

Balance, December 31, 2013

     495,897         774,486        703,225         —          1,973,608   

Acquisitions

     98,505         —          —           —          98,505   

Translation

     —           (30,112     —           —          (30,112

Other

     —           311        26,352         —          26,663   
  

 

 

    

 

 

   

 

 

    

 

 

   

 

 

 

Balance, December 31, 2014

   $ 594,402       $ 744,685      $ 729,577       $ —        $ 2,068,664   
  

 

 

    

 

 

   

 

 

    

 

 

   

 

 

 
Schedule of Intangible Assets

Intangible assets with estimated lives of 5 to 22 years are amortized on a straight-line or accelerated basis and are comprised of the following (in thousands):

 

     December 31, 2014      December 31, 2013  
     Gross
Amount
     Accumulated
Amortization
     Gross
Amount
     Accumulated
Amortization
 

Customer relationships

   $ 1,199,942       $ 454,353       $ 1,147,786       $ 391,254   

Trademarks and trade names

     158,584         48,356         151,332         40,397   

Other

     22,823         16,547         21,869         15,182   
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 1,381,349       $ 519,256       $ 1,320,987       $ 446,833