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Goodwill and other intangible assets (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill, by Reporting Segment
Changes in the carrying amount of goodwill, by reportable operating segment, for the years ended December 31, 2016 and 2015 are as follows:
 
Vascular North America
 
Anesthesia North America
 
Surgical North America
 
EMEA
 
Asia
 
OEM
 
All other
 
Total
 
(Dollars in thousands)
Balance as of December 31, 2015
$
345,546

 
$
141,122

 
$
250,912

 
$
306,009

 
$
141,067

 
$
1,194

 
$
110,002

 
$
1,295,852

Goodwill related to acquisitions

 

 

 

 

 
3,689

 

 
3,689

Translation adjustment

 
131

 

 
(15,968
)
 
(2,882
)
 

 
(4,102
)
 
(22,821
)
Balance as of December 31, 2016
$
345,546

 
$
141,253

 
$
250,912

 
$
290,041

 
$
138,185

 
$
4,883

 
$
105,900

 
$
1,276,720


 
 
Vascular North America
 
Anesthesia North America
 
Surgical North America
 
EMEA
 
Asia
 
OEM
 
All other
 
Total
 
(Dollars in thousands)
Balance as of December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
$
564,177

 
$
214,429

 
$
250,912

 
$
339,029

 
$
144,712

 
$

 
$
142,422

 
$
1,655,681

Accumulated impairment losses
(219,527
)
 
(84,531
)
 

 

 

 

 
(28,070
)
 
(332,128
)
 
344,650

 
129,898

 
250,912

 
339,029

 
144,712

 

 
114,352

 
1,323,553

Goodwill related to acquisitions
896

 
12,398

 

 
1,142

 
4,095

 
1,194

 

 
19,725

Translation adjustment

 
(1,174
)
 

 
(34,162
)
 
(7,740
)
 

 
(4,350
)
 
(47,426
)
Balance as of December 31, 2015
$
345,546

 
$
141,122

 
$
250,912

 
$
306,009

 
$
141,067

 
$
1,194

 
$
110,002

 
$
1,295,852

Components of Intangible Assets
Intangible assets at December 31, 2016 and 2015 consisted of the following:
 
Gross Carrying Amount
 
Accumulated Amortization
 
2016
 
2015
 
2016
 
2015
 
(Dollars in thousands)
Customer lists
$
622,428

 
$
621,078

 
$
(239,055
)
 
$
(214,924
)
In-process research and development
16,532

 
58,908

 

 

Intellectual property
519,962

 
522,374

 
(203,390
)
 
(173,903
)
Distribution rights
23,021

 
23,279

 
(15,239
)
 
(14,393
)
Trade names
379,724

 
384,821

 
(13,974
)
 
(8,929
)
Noncompete agreements
2,692

 
2,186

 
(1,038
)
 
(522
)
 
$
1,564,359

 
$
1,612,646

 
$
(472,696
)
 
$
(412,671
)
Estimated Annual Amortization Expense
Amortization expense related to intangible assets was $63.5 million, $62.4 million, and $60.9 million for the years ended December 31, 2016, 2015 and 2014, respectively. Estimated annual amortization expense for each of the five succeeding years is as follows:
 
(Dollars in thousands)
2017
$
62,900

2018
62,500

2019
62,200

2020
61,800

2021
61,400