XML 28 R14.htm IDEA: XBRL DOCUMENT v3.10.0.1
GOODWILL AND INTANGIBLE ASSETS
9 Months Ended
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS
GOODWILL AND INTANGIBLE ASSETS
The activity in goodwill by segment for the thirty-nine weeks ended September 30, 2018 was as follows:
 
December 31, 2017
 
Currency Translation
 
September 30, 2018
 
(In thousands)
U.S.
$
41,936

 
$

 
$
41,936

U.K. and Europe
834,346

 
(30,278
)
 
804,068

Mexico
125,607

 

 
125,607

     Total
$
1,001,889

 
$
(30,278
)
 
$
971,611


Identified intangible assets consisted of the following:
 
December 31, 2017
 
Amortization
 
Currency Translation
 
Reclassification
 
September 30, 2018
 
(In thousands)
Carrying amount:
 
 
 
 
 
 
 
 
 
     Trade names
$
79,686

 
$

 
$

 
$
(1,343
)
 
$
78,343

     Customer relationships
251,952

 

 
(3,287
)
 
1,343

 
250,008

     Non-compete agreements
320

 

 

 

 
320

     Trade names not subject to amortization
403,594

 

 
(13,740
)
 

 
389,854

Accumulated amortization:
 
 
 
 
 
 
 
 
 
     Trade names
(40,888
)
 
(2,796
)
 

 
623

 
(43,061
)
     Customer relationships
(77,194
)
 
(17,248
)
 
1,033

 
(623
)
 
(94,032
)
     Non-compete agreements
(307
)
 
(6
)
 

 

 
(313
)
Total identified intangible assets
$
617,163

 
$
(20,050
)
 
$
(15,994
)
 
$

 
$
581,119


Intangible assets are amortized over the estimated useful lives of the assets as follows:
.
Customer relationships
5-16 years
Trade names
3-20 years
Non-compete agreements
3 years

At September 30, 2018, the Company assessed if events or changes in circumstances indicated that the aggregate carrying amount of its identified intangible assets subject to amortization might not be recoverable. There were no indicators present that required the Company to test the recoverability of the aggregate carrying amount of its identified intangible assets subject to amortization at that date.