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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2012
Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill are as follows:

 

Balance at December 31, 2010

   $ 303,703   

Acquired goodwill

     15,737   
  

 

 

 

Balance at December 31, 2011

     319,440   

Acquired goodwill

     77,829   

Foreign currency translation

     (7
  

 

 

 

Balance at December 31, 2012

   $ 397,262   
  

 

 

 
Intangible Assets, Net

Intangible assets, net consist of:

 

December 31,

   Estimated
Useful Lives
   2012     2011  

Indefinite lived intangible assets:

       

Trade names, trademarks and distribution rights

      $ 144,683      $ 50,503   

Finite lived intangible assets:

       

Customer relationships

   10-15 years      84,410        29,530   

Trade name

   10 years      1,150        1,150   

Non-compete agreements

   7 years      369        369   

Less: accumulated amortization

        (11,111     (6,186
     

 

 

   

 

 

 

Finite lived intangible assets, net

        74,818        24,863   
     

 

 

   

 

 

 
      $ 219,501      $ 75,366   
     

 

 

   

 

 

 
Future Amortization Expense Related to Finite Lived Intangible Assets

The future amortization expense for each of the five succeeding years related to all finite lived intangible assets that are currently recorded in the consolidated balance sheets is estimated to be as follows at December 31, 2012:

 

2013

   $ 6,155   

2014

     6,131   

2015

     6,120   

2016

     6,120   

2017

     6,120   
  

 

 

 

Total

   $ 30,646