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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2012
Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill since December 31, 2010 were as follows by reporting segment:

 

In thousands

   United
States
    International     Total  

Balance as of December 31, 2010

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

Goodwill acquired during year

     232,850        120,750        353,600   

Goodwill allocation adjustments

     (6,192     (4,922     (11,114

Sale of business

     0        (2,887     (2,887

Changes due to currency fluctuation

     0        (21,660     (21,660
  

 

 

   

 

 

   

 

 

 

Balance as of December 31, 2011

   $ 1,506,416      $ 407,287      $ 1,913,703   
  

 

 

   

 

 

   

 

 

 

Goodwill acquired during year

     12,581        9,004        21,585   

Goodwill allocation adjustments

     (1,535     (21,788     (23,323

Changes due to currency fluctuation

     0        12,275        12,275   
  

 

 

   

 

 

   

 

 

 

Balance as of March 31, 2012

   $ 1,517,462      $ 406,778      $ 1,924,240   
  

 

 

   

 

 

   

 

 

 
Values of Intangible Assets

As of March 31, 2012 and December 31, 2011, the values of the intangible assets were as follows:

 

    
     March 31, 2012      December 31, 2011  

In thousands

   Gross
Carrying
Amount
     Accumulated
Amortization
     Net
Value
     Gross
Carrying
Amount
     Accumulated
Amortization
     Net
Value
 

Amortizable intangibles:

                 

Covenants not-to-compete

   $ 10,981       $ 4,782       $ 6,199       $ 10,903       $ 4,350       $ 6,553   

Customer relationships

     495,946         41,942         454,004         480,033         36,994         443,039   

Tradenames

     5,008         517         4,491         2,556         391         2,165   

License agreements

     720         341         379         720         315         405   

Indefinite lived intangibles:

                 

Operating permits

     117,394         0         117,394         94,456         0         94,456   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 630,049       $ 47,582       $ 582,467       $ 588,668       $ 42,050       $ 546,618   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
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

 

2012

   $ 19,880   

2013

     19,825   

2014

     19,614   

2015

     19,378   

2016

     19,169