INTANGIBLE ASSETS AND GOODWILL (Tables)

12 Months Ended

Dec. 31, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible assets

The Company's intangible assets at December 31, 2014 and 2013 consisted of the following (in thousands):

	December 31, 2014							December 31, 2013
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Amortization Period	Weighted Average Useful Life
Supply and distribution agreements	$	842,642	$	(188,441	)	$	654,201	$	581,742	$	(160,499	)	$	421,243	10 - 20 years	16 years
Technology	108,987		(43,746		)	65,241		93,322		(29,271		)	64,051		1 - 5 years	5 years
Patents	1,623		(1,524		)	99		1,623		(1,478		)	145		15 years	15 years
Internet domain names	41,652		(16,895		)	24,757		45,799		(12,112		)	33,687		2 - 20 years	8 years
Trade names	1,674,218		(100,850		)	1,573,368		548,243		(47,388		)	500,855		5 - 20 years	20 years
Non-compete agreements	21,000		(3,908		)	17,092		—		—			—		3 years	3 years
Other	141		(138		)	3		141		(137		)	4		3 - 10 years	3 years
Total intangible assets	$	2,690,263	$	(355,502	)	$	2,334,761	$	1,270,870	$	(250,885	)	$	1,019,985

Annual estimated amortization expense for intangible assets for the next five years and thereafter

The annual estimated amortization expense for intangible assets for the next five years and thereafter is expected to be as follows (in thousands):

2015	$	171,007
2016	167,887
2017	160,296
2018	141,776
2019	131,727
Thereafter	1,562,068
	$	2,334,761

Goodwill

A roll-forward of goodwill for the years ended December 31, 2014 and 2013 consisted of the following (in thousands):

	2014			2013
Balance, beginning of year	$	1,767,912		$	522,672
Acquisitions	1,590,829			1,232,342
Currency translation adjustments	(32,267		)	12,898
Balance, end of year	$	3,326,474		$	1,767,912