GOODWILL AND OTHER INTANGIBLE ASSETS

6 Months Ended

Jun. 30, 2012

GOODWILL AND OTHER INTANGIBLE ASSETS

GOODWILL AND OTHER INTANGIBLE ASSETS

NOTE 3 — GOODWILL AND OTHER INTANGIBLE ASSETS

The changes in the carrying amount of goodwill since the year ended December 31, 2011 are as follows by reporting segment:

	Beauty +						Food +			Corporate
	Home			Pharma			Beverage			& Other			Total
Goodwill	$	179,095		$	37,009		$	17,585		$	1,615		$	235,304
Accumulated impairment losses	—			—			—			(1,615		)	(1,615		)
Balance as of December 31, 2011	$	179,095		$	37,009		$	17,585		$	—		$	233,689
Foreign currency exchange effects	(2,182		)	(557		)	(166		)	—			(2,905		)
Goodwill	$	176,913		$	36,452		$	17,419		$	1,615		$	232,399
Accumulated impairment losses	—			—			—			(1,615		)	(1,615		)
Balance as of June 30, 2012	$	176,913		$	36,452		$	17,419		$	—		$	230,784

The table below shows a summary of intangible assets as of June 30, 2012 and December 31, 2011.

		June 30, 2012							December 31, 2011
	Weighted Average	Gross							Gross
	Amortization	Carrying		Accumulated			Net		Carrying		Accumulated			Net
	Period (Years)	Amount		Amortization			Value		Amount		Amortization			Value
Amortized intangible assets:
Patents	11	$	18,633	$	(17,775	)	$	858	$	19,030	$	(17,962	)	$	1,068
License agreements and other	2	24,479		(20,631		)	3,848		23,840		(20,534		)	3,306
Total intangible assets	6	$	43,112	$	(38,406	)	$	4,706	$	42,870	$	(38,496	)	$	4,374

Aggregate amortization expense for the intangible assets above for the quarters ended June 30, 2012 and 2011 was $317 and $1,034, respectively.  Aggregate amortization expense for the intangible assets above for the six months ended June 30, 2012 and 2011 was $666 and $1,739, respectively.

Future estimated amortization expense for the years ending December 31 is as follows:

2012	$	622	(remaining estimated amortization for 2012)
2013	1,114
2014	1,038
2015	878
2016 and thereafter	1,054

Future amortization expense may fluctuate depending on changes in foreign currency rates.  The estimates for amortization expense noted above are based upon foreign exchange rates as of June 30, 2012.