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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2012
Changes in Carrying Amount of Goodwill

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

 

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

     56,506        57,583        114,089   

Goodwill allocation adjustments

     (723     (25,956     (26,679

Sale of business

     0        (1,178     (1,178

Changes due to currency fluctuation

     0        5,763        5,763   
  

 

 

   

 

 

   

 

 

 

Balance as of September 30, 2012

   $ 1,562,199      $ 443,499      $ 2,005,698   
  

 

 

   

 

 

   

 

 

 
Values of Intangible Assets

As of September 30, 2012 and December 31, 2011, the values of the intangible assets were as follows:

 

In thousands

 
      September 30, 2012      December 31, 2011  
      Gross
Carrying
Amount
     Accumulated
Amortization
     Net
Value
     Gross
Carrying
Amount
     Accumulated
Amortization
     Net
Value
 

Amortizable intangibles:

                 

Covenants not-to-compete

   $ 10,978       $ 5,496       $ 5,482       $ 10,903       $ 4,350       $ 6,553   

Customer relationships

     550,045         51,288         498,757         480,033         36,994         443,039   

Tradenames

     4,919         675         4,244         2,556         391         2,165   

License agreements

     720         394         326         720         315         405   

Other

     89         2         87         0         0         0   

Indefinite lived intangibles:

                 

Operating permits

     114,522         0         114,522         94,456         0         94,456   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 681,273       $ 57,855       $ 623,418       $ 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

   $     21,213   

2013

     22,924   

2014

     22,767   

2015

     22,444   

2016

     22,307