Goodwill and Other Intangible Assets

12 Months Ended

Dec. 31, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

The Company conducted its annual impairment assessment in the fourth quarter of 2014 and determined the fair values of its reporting units and trademarks exceeded their carrying values. As a result, no impairment was indicated.

The following table summarizes the components of intangible assets:

Goodwill:



	Carpet			Ceramic		Laminate and Wood		Total
Balances as of December 31, 2012
Goodwill	$	199,132		1,186,913		1,327,151		2,713,196
Accumulated impairments losses	(199,132		)	(531,930	)	(596,363	)	(1,327,425	)
	—			654,983		730,788		1,385,771
Goodwill recognized during the year	—			279,083		55,095		334,178
Currency translation during the year	—			(6,184	)	22,327		16,143
Balances as of December 31, 2013
Goodwill	199,132			1,459,812		1,404,573		3,063,517
Accumulated impairments losses	(199,132		)	(531,930	)	(596,363	)	(1,327,425	)
	—			927,882		808,210		1,736,092
Goodwill recognized during the year	$	—		(2,497	)	6,507		4,010
Currency translation during the year				(62,183	)	(73,567	)	(135,750	)
Balances as of December 31, 2014
Goodwill	199,132			1,395,132		1,337,513		2,931,777
Accumulated impairments losses	(199,132		)	(531,930	)	(596,363	)	(1,327,425	)
	$	—		863,202		741,150		1,604,352

During the first quarter of 2014, the Company acquired certain assets of a wood business in the Laminate and Wood segment for $303, resulting in a goodwill allocation of $5,398.

Intangible assets:



	Tradenames
Indefinite life assets not subject to amortization:
Balance as of December 31, 2012	$	455,503
Intangible assets acquired during the year	232,191
Currency translation during the year	12,898
Balance as of December 31, 2013	700,592
Intangible assets acquired during the year	—
Currency translation during the year	(77,901		)
Balance as of December 31, 2014	$	622,691



	Customer relationships			Patents			Other			Total
Intangible assets subject to amortization:
Balances as of December 31, 2012	$	26,210		71,031			1,055			98,296
Intangible assets acquired during the year	21,792			15,188			—			36,980
Amortization during the year	(6,456		)	(19,336		)	(458		)	(26,250		)
Currency translation during the year	(548		)	2,188			344			1,984
Balances as of December 31, 2013	40,998			69,071			941			111,010
Intangible assets acquired during the year	—			—			—			—
Amortization during the year	(6,901		)	(17,700		)	(123		)	(24,724		)
Currency translation during the year	(180		)	(6,780		)	(8		)	(6,968		)
Balances as of December 31, 2014	$	33,917		$	44,591		$	810		$	79,318



	December 31, 2014
	Cost		Acquisitions		Currency translation			Accumulated amortization		Net Value
Customer Relationships	$	373,117	—		(180		)	339,020		33,917
Patents	297,999		—		(6,780		)	246,628		44,591
Other	1,833		—		(8		)	1,015		810
Total	$	672,949	$	—	$	(6,968	)	$	586,663	$	79,318



	December 31, 2013
	Cost		Acquisitions		Currency translation			Accumulated amortization		Net Value
Customer Relationships	$	351,873	21,792		(548		)	332,119		40,998
Patents	280,623		15,188		2,188			228,928		69,071
Other	1,489		—		344			892		941
Total	$	633,985	$	36,980	$	1,984		$	561,939	$	111,010



	Years Ended December 31,
	2014		2013	2012
Amortization expense	$	24,724	26,250	57,463

Estimated amortization expense for the years ending December 31 are as follows:



2015	$	20,764
2016	18,370
2017	16,874
2018	7,818
2019	4,395

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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