XML 37 R25.htm IDEA: XBRL DOCUMENT v3.10.0.1
Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Changes in Goodwill

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mid-America

 

 

Southeast

 

 

West

 

 

 

 

 

 

 

Group

 

 

Group

 

 

Group

 

 

Total

 

 

 

(Dollars in Thousands)

 

Balance at January 1, 2018

 

$

281,403

 

 

$

50,346

 

 

$

1,828,541

 

 

$

2,160,290

 

Acquisitions

 

 

147,333

 

 

 

92,738

 

 

 

 

 

 

240,071

 

Divestitures

 

 

 

 

 

(927

)

 

 

 

 

 

(927

)

Balance at September 30, 2018

 

$

428,736

 

 

$

142,157

 

 

$

1,828,541

 

 

$

2,399,434

 

 

Intangible Assets Subject to Amortization

Intangible assets subject to amortization consist of the following:

 

 

 

Gross

Amount

 

 

Accumulated

Amortization

 

 

Net

Balance

 

(Dollars in Thousands)

 

September 30, 2018

 

Noncompetition agreements

 

$

12,024

 

 

$

(11,105

)

 

$

919

 

Customer relationships

 

 

56,530

 

 

 

(18,325

)

 

 

38,205

 

Operating permits

 

 

458,952

 

 

 

(31,375

)

 

 

427,577

 

Use rights and other

 

 

19,564

 

 

 

(10,789

)

 

 

8,775

 

Trade names

 

 

12,800

 

 

 

(9,387

)

 

 

3,413

 

Total

 

$

559,870

 

 

$

(80,981

)

 

$

478,889

 

Intangible Assets Deemed to Indefinite Life and Not Being Amortized

Intangible assets deemed to have an indefinite life and not being amortized consist of the following:

 

 

 

Building Materials Business

 

 

Magnesia Specialties

 

 

Total

 

(Dollars in Thousands)

 

September 30, 2018

 

Operating permits

 

$

6,600

 

 

$

 

 

$

6,600

 

Use rights

 

 

20,642

 

 

 

 

 

 

20,642

 

Trade names

 

 

280

 

 

 

2,565

 

 

 

2,845

 

Total

 

$

27,522

 

 

$

2,565

 

 

$

30,087

 

Schedule of Acquired Intangibles

Intangibles acquired during the year are as follows:

 

(Dollars in Thousands)

 

Amount

 

 

Weighted-average

amortization period

Subject to amortization:

 

 

 

 

 

 

Customer relationships

 

$

20,620

 

 

12 years

 

 

 

 

 

 

 

Not subject to amortization:

 

 

 

 

 

 

Water rights

 

 

1,100

 

 

N/A

Total

 

$

21,720

 

 

 

Estimated Amortization Expense of Intangible Assets

The estimated amortization expense for intangible assets for the last three months of 2018 and for each of the next four years and thereafter is as follows:

 

(Dollars in Thousands)

 

 

 

 

October - December 2018

 

$

3,398

 

2019

 

 

13,429

 

2020

 

 

13,393

 

2021

 

 

12,703

 

2022

 

 

11,232

 

Thereafter

 

 

424,734

 

Total

 

$

478,889