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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill And Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill since January 1, 2014, by reportable segment, were as follows:

 

In thousands

 

 

 

United States

 

 

International

 

 

Total

 

Balance at January 1, 2014

 

$

1,673,810

 

 

$

557,772

 

 

$

2,231,582

 

Goodwill acquired during year

 

 

169,754

 

 

 

88,263

 

 

 

258,017

 

Purchase accounting allocation adjustments

 

 

(4,825

)

 

 

(17,595

)

 

 

(22,420

)

Changes due to foreign currency fluctuations

 

 

 

 

 

(48,347

)

 

 

(48,347

)

Balance at December 31, 2014

 

 

1,838,739

 

 

 

580,093

 

 

 

2,418,832

 

Goodwill acquired during year

 

 

1,177,431

 

 

 

273,519

 

 

 

1,450,950

 

Purchase accounting allocation adjustments

 

 

(43,895

)

 

 

15,618

 

 

 

(28,277

)

Goodwill other changes

 

 

 

 

 

(440

)

 

 

(440

)

Changes due to foreign currency fluctuations

 

 

 

 

 

(82,888

)

 

 

(82,888

)

Balance at December 31, 2015

 

$

2,972,275

 

 

$

785,902

 

 

$

3,758,177

 

 

Values of Intangible Assets

At December 31, 2015 and 2014, the values of other intangible assets were as follows:

 

In thousands

 

 

 

 

2015

 

 

2014

 

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Value

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Value

 

Amortizable intangibles:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

$

1,304,388

 

 

$

144,020

 

 

$

1,160,368

 

 

$

755,148

 

 

$

107,365

 

 

$

647,783

 

Covenants not-to-compete

 

 

6,878

 

 

 

5,141

 

 

 

1,737

 

 

 

8,474

 

 

 

5,688

 

 

 

2,786

 

Tradenames

 

 

3,819

 

 

 

948

 

 

 

2,871

 

 

 

6,062

 

 

 

1,313

 

 

 

4,749

 

Other

 

 

18,902

 

 

 

916

 

 

 

17,986

 

 

 

1,150

 

 

 

556

 

 

 

594

 

Indefinite lived intangibles:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating permits

 

 

233,101

 

 

 

 

 

 

233,101

 

 

 

247,933

 

 

 

 

 

 

247,933

 

Tradenames

 

 

426,498

 

 

 

 

 

 

426,498

 

 

 

5,800

 

 

 

 

 

 

5,800

 

Total

 

$

1,993,586

 

 

$

151,025

 

 

$

1,842,561

 

 

$

1,024,567

 

 

$

114,922

 

 

$

909,645

 

 

Schedule of Finite-Lived Intangible Assets

The changes in the carrying amount of intangible assets since January 1, 2014 were as follows:

 

In thousands

 

 

 

 

Total

 

Balance as of January 1, 2014

 

$

720,035

 

Intangible assets acquired during the year

 

 

277,041

 

Impairments during the year

 

 

(9,863

)

Amortization during the year

 

 

(32,692

)

Changes due to foreign currency fluctuations

 

 

(44,876

)

Balance as of December 31, 2014

 

 

909,645

 

Intangible assets acquired during the year

 

 

1,052,016

 

Impairments during the year

 

 

(4,177

)

Amortization during the year

 

 

(45,498

)

Changes due to foreign currency fluctuations

 

 

(69,425

)

Balance at December 31, 2015

 

$

1,842,561

 

 

Schedule of Indefinite-Lived Intangible Assets

The changes in the carrying amount of intangible assets since January 1, 2014 were as follows:

 

In thousands

 

 

 

 

Total

 

Balance as of January 1, 2014

 

$

720,035

 

Intangible assets acquired during the year

 

 

277,041

 

Impairments during the year

 

 

(9,863

)

Amortization during the year

 

 

(32,692

)

Changes due to foreign currency fluctuations

 

 

(44,876

)

Balance as of December 31, 2014

 

 

909,645

 

Intangible assets acquired during the year

 

 

1,052,016

 

Impairments during the year

 

 

(4,177

)

Amortization during the year

 

 

(45,498

)

Changes due to foreign currency fluctuations

 

 

(69,425

)

Balance at December 31, 2015

 

$

1,842,561

 

 

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

 

 

 

 

2016

 

$

72,174

 

2017

 

 

71,507

 

2018

 

 

71,459

 

2019

 

 

71,302

 

2020

 

 

71,012