XML 79 R11.htm IDEA: XBRL DOCUMENT v2.4.0.6
Goodwill And Other Intangible Assets
12 Months Ended
Dec. 31, 2011
Goodwill And Other Intangible Assets [Abstract]  
Goodwill And Other Intangible Assets

(5) Goodwill and Other Intangible Assets

The Company conducted its annual assessment in the fourth quarter of 2011 and determined the fair values of its reporting units exceeded their carrying values. As a result, no impairment was indicated.

 

The following table summarizes the components of intangible assets:

Goodwill:

 

     Mohawk     Dal-Tile     Unilin     Total  

Balances as of December 31, 2009

        

Goodwill

   $ 199,132        1,186,913        1,352,508        2,738,553   

Accumulated impairments losses

     (199,132     (531,930     (596,363     (1,327,425
  

 

 

   

 

 

   

 

 

   

 

 

 
     —          654,983        756,145        1,411,128   
  

 

 

   

 

 

   

 

 

   

 

 

 

Goodwill recognized during the year

     —          —          141        141   

Currency translation during the year

     —          —          (41,875     (41,875

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   
  

 

 

   

 

 

   

 

 

   

 

 

 

Goodwill recognized during the year

     —          —          19,066        19,066   

Currency translation during the year

     —          —          (13,285     (13,285

Balances as of December 31, 2011

        

Goodwill

     199,132        1,186,913        1,316,555        2,702,600   

Accumulated impairments losses

     (199,132     (531,930     (596,363     (1,327,425
  

 

 

   

 

 

   

 

 

   

 

 

 
   $ —          654,983        720,192        1,375,175   
  

 

 

   

 

 

   

 

 

   

 

 

 

During 2011 and 2010, the Company recorded additional goodwill of $19,066 and $141, respectively, in the Unilin segment related to business acquisitions.

Intangible assets:

 

      Tradenames  

Indefinite life assets not subject to amortization:

  

Balance as of December 31, 2009

   $ 477,607   

Currency translation during the year

     (20,717
  

 

 

 

Balance as of December 31, 2010

     456,890   

Currency translation during the year

     (6,458
  

 

 

 

Balance as of December 31, 2011

   450,432   
  

 

 

 

 

      Customer
relationships
    Patents     Other     Total  

Intangible assets subject to amortization:

        

Balance as of December 31, 2009

   $ 159,302        147,008        1,425        307,735   

Amortization during year

     (45,679     (23,714     (120     (69,513

Currency translation during the year

     (7,191     (10,774     (20     (17,985
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance as of December 31, 2010

     106,432        112,520        1,285        220,237   

Intangible assets recognized during the year

     5,181        —          —          5,181   

Amortization during the year

     (47,460     (22,782     (122     (70,364

Currency translation during the year

     805        (1,194     3        (386
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance as of December 31, 2011

   $ 64,958        88,544        1,166        154,668   
  

 

 

   

 

 

   

 

 

   

 

 

 

 

 

     Year Ended December 31,  
     2011      2010      2009  

Amortization expense

   $ 70,364         69,513         74,055   
  

 

 

    

 

 

    

 

 

 

Estimated amortization expense for the years ending December 31, are as follows:

 

2012

   $ 57,898   

2013

     22,397   

2014

     20,391   

2015

     18,137   

2016

     15,599