GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2015

GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]

The following table presents the changes in the carrying amount of goodwill and other intangible assets during the three months ended June 30, 2015 (in thousands):

	Goodwill	Other Intangible Assets	Total

Balance as of December 31, 2014	$ 253,312	$ 130,333	$ 383,645
Acquired during the period	2,901	2,027	4,928
Translation adjustment	-	(1,392)	(1,392)
Amortization	-	(10,667)	(10,667)
Balance as of June 30, 2015	$ 256,213	$ 120,301	$ 376,514

Goodwill Balance by Reportable Segment

The following table presents goodwill balance by reportable segment as of June 30, 2015 and December 31, 2014 (in thousands):

	June 30, 2015	December 31, 2014
Service Centers	$ 170,203	$ 167,302
Innovative Pumping Solutions	68,872	68,872
Supply Chain Services	17,138	17,138
Total	$ 256,213	$ 253,312

Amortizable Other Intangible Assets

The following table presents a summary of amortizable other intangible assets (in thousands):

	As of June 30, 2015			As of December 31, 2014
	Gross Carrying Amount	Accumulated Amortization	Carrying Amount, net	Gross Carrying Amount	Accumulated Amortization	Carrying Amount, net
Vendor agreements	$ 2,496	$ (1,393)	$ 1,103	$ 2,496	$ (1,330)	$ 1,166
Customer relationships	192,707	(74,003)	118,704	192,512	(63,957)	128,555
Non-compete agreements	1,730	(1,236)	494	1,737	(1,125)	612
Total	$ 196,933	$ (76,632)	$ 120,301	$ 196,745	$ (66,412)	$ 130,333