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GOODWILL AND OTHER INTANGIBLE ASSETS
3 Months Ended
Mar. 31, 2019
GOODWILL AND OTHER INTANGIBLE ASSETS  
GOODWILL AND OTHER INTANGIBLE ASSETS

10.         GOODWILL AND OTHER INTANGIBLE ASSETS

 

The following is a roll-forward of goodwill for the three-months ended March 31, 2019 and 2018 by reportable segment:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Monster

 

 

 

 

 

 

 

 

 

 

 

Energy®

 

Strategic

 

 

 

 

 

 

 

    

Drinks

    

Brands

 

Other

 

Total

Balance at December 31, 2018

 

$

693,644

 

$

637,999

 

$

 —

 

$

1,331,643

Acquisitions

 

 

 —

 

 

 —

 

 

 —

 

 

 —

Balance at March 31, 2019

 

$

693,644

 

$

637,999

 

$

 —

 

$

1,331,643

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Monster

 

 

 

 

 

 

 

 

 

 

 

Energy®

 

Strategic

 

 

 

 

 

 

 

 

Drinks

 

Brands

 

Other

 

Total

Balance at December 31, 2017

 

$

693,644

 

$

637,999

 

$

 —

 

$

1,331,643

Acquisitions

 

 

 —

 

 

 —

 

 

 —

 

 

 —

Balance at March 31, 2018

 

$

693,644

 

$

637,999

 

$

 —

 

$

1,331,643

 

Intangible assets consist of the following at:

 

 

 

 

 

 

 

 

 

    

March 31, 

    

December 31, 

 

 

2019

 

2018

Amortizing intangibles

 

$

66,870

 

$

71,350

Accumulated amortization

 

 

(40,377)

 

 

(38,311)

 

 

 

26,493

 

 

33,039

Non-amortizing intangibles

 

 

1,016,346

 

 

1,012,839

 

 

$

1,042,839

 

$

1,045,878

 

Amortizing intangibles primarily consist of customer relationships. All amortizing intangibles have been assigned an estimated finite useful life and such intangibles are amortized on a straight-line basis over the number of years that approximate their respective useful lives, generally five to seven years. Total amortization expense recorded was $2.9 million and $3.1 million for the three-months ended March 31, 2019 and 2018, respectively.