GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2011

Changes In Goodwill Table Text Block

A reconciliation of changes in the Company’s goodwill is as follows:

	December 31,
(in thousands)	2011			2010
Balance, beginning of the year	$	1,303,055		$	1,312,596
Acquisition activity	978,191			20,382
Additional consideration for post closing adjustments	2,833			—
Effect of exchange rate changes	(94,016		)	(29,923		)
Balance, end of the year	$	2,190,063		$	1,303,055

Reconciliation of Changes in the Company's Goodwill

Goodwill by reportable segment is as follows:

	December 31,
(in thousands)	2011		2010
U.S., Germany and Certain Other
European Regions Consumable Businesses	$	247,119	$	249,522
France, U.K., Italy and Certain Other
European Countries, CIS, Middle East,
Africa, Pacific Rim Businesses	170,379		167,258
Canada/Latin America/Endodontics/
Orthodontics/Astra Tech	1,178,547		282,321
Dental Laboratory Business/
Implants/Non-Dental	594,018		603,954
Total	$	2,190,063	$	1,303,055

Identifiable Definite-Lived Intangible Assets

Identifiable definite-lived and indefinite-lived intangible assets consist of the following:

	December 31, 2011							December 31, 2010
(in thousands)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Patents	$	131,252	$	(17,393	)	$	113,859	$	21,956	$	(12,108	)	$	9,848
Trademarks	73,413		(23,885		)	49,528		68,344		(20,835		)	47,509
Licensing agreements	30,444		(17,277		)	13,167		28,509		(15,709		)	12,800
Customer relationships	411,626		(19,066		)	392,560		16,994		(8,408		)	8,586
Total definite-lived	$	646,735	$	(77,621	)	$	569,114	$	135,803	$	(57,060	)	$	78,743
Trademarks	$	210,675	$	—		$	210,675	$	—	$	—		$	—
In-process R&D	11,311		—			11,311		—		—			—
Total indefinite-lived	$	221,986	$	—		$	221,986	$	—	$	—		$	—
Total identifiable intangible assets	$	868,721	$	(77,621	)	$	791,100	$	135,803	$	(57,060	)	$	78,743