XML 57 R29.htm IDEA: XBRL DOCUMENT  v2.3.0.11
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2011
Changes in Carrying Amount of Goodwill

Countries”, both of which have goodwill. The changes in the carrying amount of goodwill since December 31, 2010 were as follows by reporting segment:

 

In thousands

 
     United States     Foreign
Countries
    Total  

Balance as of December 31, 2009

   $ 1,153,149      $ 240,942      $ 1,394,091   

Goodwill acquired during year

     128,954        74,049        203,003   

Sale of assets

     (2,345     0        (2,345

Changes due to currency fluctuation

     0        1,015        1,015   
  

 

 

   

 

 

   

 

 

 

Balance as of December 31, 2010

   $ 1,279,758      $ 316,006      $ 1,595,764   
  

 

 

   

 

 

   

 

 

 

Goodwill on 2011 acquisitions

     214,318        18,421        232,739   

Changes in goodwill on 2010 acquisitions

     2,326        (5,144     (2,818

Changes due to currency fluctuation

     0        13,914        13,914   
  

 

 

   

 

 

   

 

 

 

Balance as of June 30, 2011

   $ 1,496,402      $ 343,197      $ 1,839,599   
  

 

 

   

 

 

   

 

 

 
Value of Amortizable Intangible Assets

As of June 30, 2011 and December 31, 2010, the values of the amortizable intangible assets were as follows:

 

In thousands

 
     June 30, 2011      December 31, 2010  
    

Gross

Carrying

Amount

    

Accumulated

Amortization

    

Net

Value

    

Gross

Carrying

Amount

    

Accumulated

Amortization

    

Net

Value

 

Covenants not-to-compete

   $ 10,855       $ 3,712       $ 7,143       $ 10,402       $ 2,952       $ 7,450   

Customer relationships

     373,856         29,641         344,215         304,175         23,177         280,998   

Tradenames

     1,200         269         931         1,200         253         947   

License agreements

     720         262         458         766         211         555   

Other

     1,746         1,746         0         1,801         1,801         0   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 388,377       $ 35,630       $ 352,747       $ 318,344       $ 28,394       $ 289,950   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
Estimated Amortization Expense

The estimated amortization expense for each of the next five years, assuming no additional amortizable intangible assets, is as follows for the years ended December 31:

 

In thousands

 

2011

   $ 13,957   

2012

     14,379   

2013

     14,305   

2014

     14,064   

2015

     13,806