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GOODWILL AND OTHER INTANGIBLE ASSETS - (Tables)
12 Months Ended
Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table presents a summary of the activity in goodwill by reporting segment for the years ended December 31, 2013 and 2012:
 
 
 
Dec. 31,
2011 (1)
 
Acquisitions
 
Dec. 31, 2012 (1)
 
Acquisitions (2)
 
Dec. 31, 2013 (1)
 
 
(Dollar amounts in millions)
Residential Ventilation (“RESV”):
 
 

 
 

 
 

 
 

 
 

Gross goodwill
 
$
156.8

 
$

 
$
156.8

 
$

 
$
156.8

Impairment losses
 

 

 

 

 

Net RESV goodwill
 
156.8

 

 
156.8

 

 
156.8

Technology Solutions (“TECH”):
 
 

 
 

 
 

 
 

 
 

Gross goodwill
 
19.4

 

 
19.4

 
65.9

 
85.3

Impairment losses
 

 

 

 

 

Net TECH goodwill
 
19.4

 

 
19.4

 
65.9

 
85.3

Display Mount Solutions (“DMS”):
 
 

 
 

 
 

 
 

 
 

Gross goodwill
 
131.4

 

 
131.4

 

 
131.4

Impairment losses
 

 

 

 

 

Net DMS goodwill
 
131.4

 

 
131.4

 

 
131.4

Consolidated goodwill:
 
 

 
 

 
 

 
 

 
 

Gross goodwill
 
307.6

 

 
307.6

 
65.9

 
373.5

Impairment losses
 

 

 

 

 

Net consolidated goodwill
 
$
307.6

 
$

 
$
307.6

 
$
65.9

 
$
373.5


(1)
The Residential Heating and Cooling ("RHC") and Custom & Engineered Solutions ("CES") reporting units did not have goodwill in any period presented.
(2)
Acquisition adjustments recorded during 2013 for the TECH segment relate to the acquisition of Gefen Distribution and 2GIG. See Note 2, “Acquisitions and Other Investments”.
Schedule of Finite-Lived Intangible Assets
The table that follows presents the Company's major components of intangible assets as of December 31, 2013 and 2012:

 
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Intangible Assets
 
Weighted Average Remaining Useful Lives
 
 
(Amounts in millions, except for useful lives)
December 31, 2013
 
 

 
 

 
 

 
 
Trademarks
 
$
164.8

 
$
(30.7
)
 
$
134.1

 
16.5
Developed technology
 
77.0

 
(23.2
)
 
53.8

 
9.0
Customer relationships
 
562.3

 
(109.3
)
 
453.0

 
13.6
Others
 
23.4

 
(15.4
)
 
8.0

 
3.4
 
 
$
827.5

 
$
(178.6
)
 
$
648.9

 
13.7
 
 
 
 
 
 
 
 
 
December 31, 2012
 
 

 
 

 
 

 
 
Trademarks
 
$
159.9

 
$
(23.2
)
 
$
136.7

 
18.2
Developed technology
 
70.3

 
(16.4
)
 
53.9

 
10.3
Customer relationships
 
488.5

 
(75.9
)
 
412.6

 
15.3
Others
 
23.5

 
(11.8
)
 
11.7

 
5.4
 
 
$
742.2

 
$
(127.3
)
 
$
614.9

 
15.3
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
As of December 31, 2013, the estimated future intangible asset amortization expense aggregated approximately $648.9 million as follows:
 
Year Ended December 31,
 
Annual Amortization Expense
 
 
(Dollar amounts in millions)
 
 
 
2014
 
$
53.5

2015
 
53.1

2016
 
49.6

2017
 
49.5

2018
 
49.3

2019 and thereafter
 
393.9