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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2014
GOODWILL AND OTHER INTANGIBLE ASSETS  
Schedule of changes in the carrying amount of goodwill

 

 

 

 

 

Beauty +

 

 

 

Food +

 

Corporate

 

 

 

 

 

Home

 

Pharma

 

Beverage

 

& Other

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

$

181,002

 

$

159,949

 

$

17,914

 

$

1,615

 

$

360,480

 

Accumulated impairment losses

 

--

 

--

 

--

 

(1,615

)

(1,615

)

Balance as of December 31, 2013

 

$

181,002

 

$

159,949

 

$

17,914

 

$

--

 

$

358,865

 

Acquisition

 

--

 

--

 

--

 

--

 

--

 

Foreign currency exchange effects

 

345

 

489

 

(18

)

--

 

816

 

Goodwill

 

$

181,347

 

$

160,438

 

$

17,896

 

$

1,615

 

$

361,296

 

Accumulated impairment losses

 

--

 

--

 

--

 

(1,615

)

(1,615

)

Balance as of March 31, 2014

 

$

181,347

 

$

160,438

 

$

17,896

 

$

--

 

$

359,681

 

Summary of amortized intangible assets

 

 

 

 

 

 

March 31, 2014

 

December 31, 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average

 

Gross

 

 

 

 

 

Gross

 

 

 

 

 

Amortization

 

Carrying

 

Accumulated

 

Net

 

Carrying

 

Accumulated

 

Net

 

Period (Years)

 

Amount

 

Amortization

 

Value

 

Amount

 

Amortization

 

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Patents

 

7

 

$

20,210

 

$

(19,842

)

$

368

 

$

20,165

 

$

(19,732

)

$

433

 

Acquired Technology

 

15

 

40,641

 

(4,742

)

35,899

 

40,546

 

(4,055

)

36,491

 

License agreements and other

 

5

 

35,650

 

(22,953

)

12,697

 

35,259

 

(22,232

)

13,027

 

Total intangible assets

 

10

 

$

96,501

 

$

(47,537

)

$

48,964

 

$

95,970

 

$

(46,019

)

$

49,951

 

Schedule of future estimated amortization expense

 

 

2014

 

$

4,133

             (remaining estimated amortization for 2014)

 

2015

 

5,349

 

 

2016

 

4,343

 

 

2017

 

3,619

 

 

2018 and thereafter

 

31,520