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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2013
GOODWILL AND OTHER INTANGIBLE ASSETS  
Schedule of changes in the carrying amount of goodwill

 

 

 

 

Beauty +

 

 

 

Food +

 

Corporate

 

 

 

 

 

Home

 

Pharma

 

Beverage

 

& Other

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

$

179,890

 

$

153,978

 

$

17,684

 

$

1,615

 

$

353,167

 

Accumulated impairment losses

 

--

 

--

 

--

 

(1,615

)

(1,615

)

Balance as of December 31, 2012

 

$

179,890

 

$

153,978

 

$

17,684

 

$

--

 

$

351,552

 

Acquisition

 

--

 

--

 

--

 

--

 

--

 

Foreign currency exchange effects

 

(2,245

)

(4,386

)

(209

)

--

 

(6,840

)

Goodwill

 

$

177,645

 

$

149,592

 

$

17,475

 

$

1,615

 

$

346,327

 

Accumulated impairment losses

 

--

 

--

 

--

 

(1,615

)

(1,615

)

Balance as of March 31, 2013

 

$

177,645

 

$

149,592

 

$

17,475

 

$

--

 

$

344,712

 

Summary of amortized intangible assets

 

 

 

 

 

 

March 31, 2013

 

December 31, 2012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average

 

Gross

 

 

 

 

 

Gross

 

 

 

 

 

Amortization

 

Carrying

 

Accumulated

 

Net

 

Carrying

 

Accumulated

 

Net

 

Period (Years)

 

Amount

 

Amortization

 

Value

 

Amount

 

Amortization

 

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Patents

 

11

 

$

19,041

 

$

(18,435

)

$

606

 

$

19,570

 

$

(18,894

)

$

676

 

Acquired Technology

 

15

 

37,820

 

(1,891

)

35,929

 

38,928

 

(1,298

)

37,630

 

License agreements and other

 

5

 

35,216

 

(21,908

)

13,308

 

35,780

 

(22,126

)

13,654

 

Total intangible assets

 

10

 

$

92,077

 

$

(42,234

)

$

49,843

 

$

94,278

 

$

(42,318

)

$

51,960

 

Schedule of future estimated amortization expense

 

 

2013

 

$

3,659

   (remaining estimated amortization for 2013)

 

2014

 

4,862

 

 

2015

 

4,689

 

 

2016

 

4,059

 

 

2017 and thereafter

 

32,574