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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Apr. 02, 2016
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 three months ended April 2, 2016 by segment is as follows (in thousands):

 

     Steel Mills      Steel Products      Raw Materials      Total  

Balance at December 31, 2015

   $ 590,634       $ 691,067       $ 729,577       $ 2,011,278   

Translation

             14,102                 14,102   
  

 

 

    

 

 

    

 

 

    

 

 

 

Balance at April 2, 2016

   $ 590,634       $ 705,169       $ 729,577       $ 2,025,380   
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):

 

     April 2, 2016      December 31, 2015  
     Gross
Amount
     Accumulated
Amortization
     Gross
Amount
     Accumulated
Amortization
 

Customer relationships

   $ 1,188,786       $ 533,179       $ 1,185,299       $ 517,817   

Trademarks and trade names

     156,535         60,147         155,864         57,756   

Other

     23,031         18,302         23,025         17,943   
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 1,368,352       $ 611,628       $ 1,364,188       $ 593,516