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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jul. 04, 2015
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 six months ended July 4, 2015, by segment is as follows (in thousands):

 

     Steel Mills      Steel Products      Raw Materials      Total  

Balance at December 31, 2014

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

Translation

             (18,566              (18,566

Other

     (4,000                      (4,000
  

 

 

    

 

 

    

 

 

    

 

 

 

Balance at July 4, 2015

   $ 590,402       $ 726,119       $ 729,577       $ 2,046,098   
  

 

 

    

 

 

    

 

 

    

 

 

 
Schedule of Intangible Assets

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

 

     July 4, 2015      December 31, 2014  
     Gross
Amount
     Accumulated
Amortization
     Gross
Amount
     Accumulated
Amortization
 

Customer relationships

   $ 1,194,549       $ 485,849       $ 1,199,942       $ 454,353   

Trademarks and trade names

     157,604         53,077         158,584         48,356   

Other

     23,047         17,224         22,823         16,547   
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 1,375,200       $ 556,150       $ 1,381,349       $ 519,256