Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Oct. 03, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Change in Net Carrying Amount of Goodwill by Segment

5. GOODWILL AND OTHER INTANGIBLE ASSETS: The change in the net carrying amount of goodwill for the nine months ended October 3, 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		—			(41,108	)		—		(41,108	)
Other		(3,768	)		—			—		(3,768	)
Balance at October 3, 2015	$	590,634		$	703,577		$	729,577	$	2,023,788

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):

	October 3, 2015				December 31, 2014
	Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization
Customer relationships	$	1,188,474	$	501,902	$	1,199,942	$	454,353
Trademarks and trade names		156,470		55,442		158,584		48,356
Other		23,031		17,585		22,823		16,547
	$	1,367,975	$	574,929	$	1,381,349	$	519,256