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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 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

 

(2,389

)

(2,316

)

(117

)

--

 

(4,822

)

Goodwill

 

$

177,502

 

$

151,661

 

$

17,567

 

$

1,615

 

$

348,345

 

Accumulated impairment losses

 

--

 

--

 

--

 

(1,615

)

(1,615

)

Balance as of June 30, 2013

 

$

177,502

 

$

151,661

 

$

17,567

 

$

--

 

$

346,730

 

 

Summary of amortized intangible assets

 

 

 

 

 

 

 

June 30, 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

 

7

 

$

19,314

 

$

(18,762

)

$

552

 

$

19,570

 

$

(18,894

)

$

676

 

Acquired technology

 

15

 

38,399

 

(2,560

)

35,839

 

38,928

 

(1,298

)

37,630

 

License agreements and other

 

5

 

35,189

 

(22,336

)

12,853

 

35,780

 

(22,126

)

13,654

 

Total intangible assets

 

10

 

$

92,902

 

$

(43,658

)

$

49,244

 

$

94,278

 

$

(42,318

)

$

51,960

 

Schedule of future estimated amortization expense

 

 

2013

 

$

 

2,459

             (remaining estimated amortization for 2013)

 

2014

 

4,901

 

 

2015

 

4,728

 

 

2016

 

4,096

 

 

2017

 

3,409

 

 

2018 and thereafter

 

29,651