Goodwill And Intangible Assets

6 Months Ended

Jul. 02, 2011

5.	Goodwill and intangible assets

The components of goodwill and other intangible assets are as follows:


	Mohawk			Dal-Tile			Unilin			Total
Balances as of December 31, 2010
Goodwill	$	199,132			1,186,913			1,310,774			2,696,819
Accumulated impairments losses		(199,132	)		(531,930	)		(596,363	)		(1,327,425	)

		—			654,983			714,411			1,369,394


Currency translation during the period		—			—			49,436			49,436

Balances as of July 2, 2011
Goodwill		199,132			1,186,913			1,360,210			2,746,255
Accumulated impairments losses		(199,132	)		(531,930	)		(596,363	)		(1,327,425	)

	$	—			654,983			763,847			1,418,830


	Tradenames
Indefinite life assets not subject to amortization:
Balance as of December 31, 2010	$	456,890
Currency translation during the period		24,461

Balance as of July 2, 2011	$	481,351



	Customer relationships			Patents			Other			Total
Intangible assets subject to amortization:
Balance as of December 31, 2010	$	106,432			112,520			1,285			220,237
Amortization during the period		(23,799	)		(11,514	)		(61	)		(35,374	)
Currency translation during the period		4,875			10,076			13			14,964

Balance as of July 2, 2011	$	87,508			111,082			1,237			199,827


	Three Months Ended				Six Months Ended
	July 2, 2011		July 3, 2010		July 2, 2011		July 3, 2010
Amortization expense	$	17,975		16,762		35,374		34,980

- 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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