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GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)
12 Months Ended
Dec. 31, 2011
Changes in Carrying Amount of Goodwill

Changes in the carrying amount of goodwill are as follows:

 

     Metal
Containers
    Closures     Plastic
Containers
    Total  
     (Dollars in thousands)  

Balance at December 31, 2009

   $ 56,888      $ 132,661      $ 114,146      $ 303,695   

Acquisition

     –         27,135        –         27,135   

Currency translation

     –         (6,892     825        (6,067
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at December 31, 2010

     56,888        152,904        114,971        324,763   

Acquisitions

     62,922       8,115       –         71,037   

Currency translation

     (3,396 )     (2,097     (385     (5,878
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at December 31, 2011

   $ 116,414      $ 158,922      $ 114,586      $ 389,922   
  

 

 

   

 

 

   

 

 

   

 

 

 
Components of Other Intangible Assets

The components of other intangible assets, net at December 31 are as follows:

 

     2011     2010  
     Gross
Amount
     Accumulated
Amortization
    Gross
Amount
     Accumulated
Amortization
 
     (Dollars in thousands)  

Definite-lived intangibles:

          

Customer relationships

   $ 68,939       $ (8,315   $ 42,528       $ (5,205

Other

     13,126         (9,448     11,652         (9,061
  

 

 

    

 

 

   

 

 

    

 

 

 
     82,065         (17,763     54,180         (14,266
  

 

 

    

 

 

   

 

 

    

 

 

 

Indefinite-lived intangibles:

          

Trade names

     32,140         –         32,140         –    
  

 

 

    

 

 

   

 

 

    

 

 

 
   $ 114,205       $ (17,763   $ 86,320       $ (14,266