Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Oct. 03, 2020

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 nine months ended October 3, 2020 by segment was as follows (in thousands):

	Steel Mills		Steel Products			Raw Materials		Total
Balance at December 31, 2019	$	591,986	$	879,500		$	729,577	$	2,201,063
Other		-		(821	)		-		(821	)
Translation		-		(4,454	)		-		(4,454	)
Balance at October 3, 2020	$	591,986	$	874,225		$	729,577	$	2,195,788

Schedule of Intangible Assets

Intangible assets with estimated useful lives of five to 22 years are amortized on a straight-line or accelerated basis and were comprised of the following as of October 3, 2020 and December 31, 2019 (in thousands):

	October 3, 2020				December 31, 2019
	Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization
Customer relationships	$	1,412,323	$	821,029	$	1,412,954	$	767,532
Trademarks and trade names		162,062		98,110		162,183		92,258
Other		63,822		40,510		63,807		36,968
	$	1,638,207	$	959,649	$	1,638,944	$	896,758