GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2016

GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]

Changes in carrying value of goodwill classified by segment reporting structure

The changes in the carrying value of goodwill classified by our segment reporting structure for the years ended December 31, 2016 and 2015 are as follows:

	Total			North America			Asia			Europe
Balance at January 1, 2015
Goodwill, gross		145,310			69,380			50,052			25,878
Accumulated impairment charges		(26,941	)		(14,066	)		(12,875	)		-
Goodwill, net	$	118,369		$	55,314		$	37,177		$	25,878
Measurement period adjustments		4,590			(6,016	)		4,351			6,255
Foreign currency translation		(1,325	)		-			129			(1,454	)
Balance at December 31, 2015:
Goodwill, gross		148,575			63,364			54,532			30,679
Accumulated impairment charges		(26,941	)		(14,066	)		(12,875	)		-
Goodwill, net	$	121,634		$	49,298		$	41,657		$	30,679
Impairment charge		(101,650	)		(40,408	)		(41,633	)		(19,609	)
Foreign currency translation		(2,033	)		-			(24	)		(2,009	)
Balance at December 31, 2016:
Goodwill, gross		146,542			63,364			54,508			28,670
Accumulated impairment charges		(128,591	)		(54,474	)		(54,508	)		(19,609	)
Goodwill, net	$	17,951		$	8,890		$	-		$	9,061

Excess of estimated fair values over carrying value including goodwill

The excess of estimated fair values over carrying value, including goodwill for each of our reporting units that had goodwill as of the 2016 annual impairment test were as follows:

Reporting Unit	% by Which Estimated Fair Value Exceeds Carrying Value
North America	13%
Europe	30%

Fair Value Inputs, Assets, Quantitative Information [Line Items]

Components of definite and indefinite-lived intangible assets

The components of definite and indefinite-lived intangible assets are as follows:

	December 31, 2016						December 31, 2015
	Gross Carrying		Accumulated		Net Carrying		Gross Carrying		Accumulated		Net Carrying
	Amount		Amortization		Amount		Amount		Amortization		Amount
Patents, licenses and technology	$	38,658	$	11,276	$	27,382	$	39,388	$	7,932	$	31,456
Customer relationships		43,821		8,302		35,519		44,894		5,735		39,159
Non-compete agreements		2,667		2,376		291		2,753		1,838		915
Trademarks		11,677		41		11,636		16,338		41		16,297
	$	96,823	$	21,995	$	74,828	$	103,373	$	15,546	$	87,827

Estimated amortization expense for intangible assets

Estimated amortization expense for intangible assets for the next five years is as follows:

December 31,	Amortization Expense
2017	$	6,521
2018		6,229
2019		6,229
2020		6,197
2021		6,196

Goodwill [Member]

Fair Value Inputs, Assets, Quantitative Information [Line Items]

Schedule of underlying assumptions utilized in fair value

The table below shows the range of assumptions utilized across the various reporting units.

			Goodwill Impairment Analysis
			Key Assumptions
		2016 - Interim		2015 - Annual
Income Approach - Discounted Cash Flows (a):
	Revenue 5-year compound annual growth rate (CAGR)		(9.0%) - (0.6%)	2.6% - 2.7%
	2016 EBITDA margins (b)		5.1% - 6.6%	7.2% - 8.4%
	Cost of equity capital		11.6% - 14.7%	12.3% - 16.5%
	Cost of debt capital		3.6% - 8.5%	2.4% - 5.9%
	Weighted average cost of capital		10.0% - 14.0%	11.0% - 15.0%
Market Approach - Multiples of Guideline Companies (a):
	Net operating revenue multiples used		0.4 - 0.6	0.4 - 0.5
	Operating EBITDA multiples used (b)		5.9 - 6.3	5.0 - 5.3
	Invested capital control premium		25%	25%
Weighting of Valuation Methods:
	Income Approach - Discounted Cash Flows		75%	75%
	Market Approach - Multiples of Guideline Companies		25%	25%
	(a) Ranges noted reflect assumptions and multiples used throughout the North America, Asia and Europe reporting units
	(b) EBITDA represents earnings before interest, taxes, depreciation and amortization.  EBITDA margin is calculated by
	dividing EBITDA by net sales.

Trademarks [Member]

Fair Value Inputs, Assets, Quantitative Information [Line Items]

Schedule of underlying assumptions utilized in fair value

The table below shows the range of assumptions utilized across the Company's various trademarks.

		Trademark Impairment Analysis
		Key Assumptions
	2016 - Interim		2015 - Annual
Revenue 5-year compound annual growth rate (CAGR)		(0.4%) - 2.7%	0.2% - 4.0%
Estimated fair royalty rate		0.25% - 1.5%	0.5% - 2.0%
Discount rate		11.0% - 15.0%	12.0% - 14.0%