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Goodwill and Related Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amount of Goodwill
The changes in the carrying amount of goodwill for the years ended December 31 were as follows (in thousands):
 
Residential
Products
 
Industrial and
Infrastructure
Products
 
Renewable Energy and Conservation
 
Total
Balance at December 31, 2013
$
195,520

 
$
145,654

 
$

 
$
341,174

Impairment
(14,235
)
 
(90,330
)
 

 
(104,565
)
Foreign currency translation

 
(565
)
 

 
(565
)
Balance at December 31, 2014
$
181,285

 
$
54,759

 
$

 
$
236,044

Acquired goodwill

 

 
57,180

 
57,180

Foreign currency translation

 
(1,055
)
 
221

 
(834
)
Balance at December 31, 2015
$
181,285

 
$
53,704

 
$
57,401

 
$
292,390

Schedule of Goodwill Impairment Tests
The following table summarizes the WACC calculation ranges used during the annual goodwill impairment tests performed during 2015 and 2014:
Date of Impairment Test
 
WACC
October 31, 2015
 
11.3% to 13.1%
October 31, 2014
 
12.9% to 13.6%
Schedule of Acquired Intangible Assets
Acquired intangible assets consist of the following (in thousands):
 
December 31, 2015
 
December 31, 2014
 
 
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Estimated
Useful Life
Indefinite-lived intangible assets:
 
 
 
 
 
 
 
 
 
Trademarks
$
50,538

 
$

 
$
42,720

 
$

 
Indefinite
Finite-lived intangible assets:
 
 
 
 
 
 
 
 
 
Trademarks
5,861

 
1,884

 
3,886

 
1,827

 
5 to 15 Years
Unpatented technology
28,072

 
10,656

 
24,527

 
8,768

 
5 to 20 Years
Customer relationships
85,419

 
35,673

 
52,974

 
31,554

 
5 to 17 Years
Non-compete agreements
3,107

 
1,771

 
1,807

 
1,550

 
4 to 10 Years
Backlog
6,480

 
6,480

 
1,330

 
1,330

 
.5 to 2 Years
 
128,939

 
56,464

 
84,524

 
45,029

 
 
Total acquired intangible assets
$
179,477

 
$
56,464

 
$
127,244

 
$
45,029

 
 
Schedule of Acquired Intangible Asset Amortization Expense
The following table summarizes the impairment charges for the years ended December 31 (in thousands):
 
2015
 
2014
 
2013
Residential Products
$
440

 
$
1,200

 
$
1,454

Industrial and Infrastructure Products
4,423

 
2,205

 
1,000

Impairment charges
$
4,863

 
$
3,405

 
$
2,454

Schedule of Intangible Assets Amortization Expense
The following table summarizes amortization expense for the years ended December 31 (in thousands):
 
2015
 
2014
 
2013
Amortization expense
$
12,679

 
$
5,720

 
$
6,572

Schedule of Amortization Expense
Amortization expense related to acquired intangible assets for the next five years ended December 31 is estimated as follows (in thousands):
2016
$
8,604

2017
$
8,272

2018
$
7,715

2019
$
7,044

2020
$
6,532