GOODWILL AND INTANGIBLE ASSETS

9 Months Ended

Sep. 30, 2014

NOTE 8.GOODWILL AND INTANGIBLE ASSETS

Changes in goodwill for the nine months ended September 30, 2014 consisted of the following:

$s in thousands	December 31, 2013		Additions		Foreign Currency Translation			September 30, 2014
Goodwill:
Operating Disposal Facilities	$	21,693	$	—	$	(967	)	$	20,726
EQ Operations	—		192,633		—			192,633
Total goodwill	$	21,693	$	192,633	$	(967	)	$	213,359

Intangible assets consisted of the following:

$s in thousands	September 30, 2014			December 31, 2013
Amortizing intangible assets:
Customer relationships	$	119,823		$	5,005
Permits, licenses and lease	144,518			26,264
Technology - Formulae and processes	8,145			8,551
Tradename	9,900			—
Customer backlog	3,600			—
Non-compete agreements	1,420			20
Internet domain and website	900			—
Database	690			94
Developed software	313			329
Total amortizing intangible assets	289,309			40,263
Accumulated amortization	(9,353		)	(4,341		)

Nonamortizing intangible assets:
Permits and licenses	750			750
Tradename	152			160
Total intangible assets, net	$	280,858		$	36,832

At September 30, 2014, the net carrying amounts of goodwill and amortizing intangible assets include preliminary estimates of $192.6 million and $250.9 million, respectively, as a result of our acquisition of EQ.

Amortization expense for the three months ended September 30, 2014 and 2013 was $4.0 million and $362,000, respectively. Amortization expense for the nine months ended September 30, 2014 and 2013 was $5.2 million and $1.1 million, respectively. Future amortization expense of amortizing intangible assets, including the amortization of the preliminary values assigned to EQ amortizing intangible assets, is as follows:

$s in thousands	Total
Remainder of 2014	$	4,000
2015	15,222
2016	14,541
2017	14,536
2018	$	13,183

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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