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GOODWILL AND INTANGIBLE ASSETS, NET (Tables)
6 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Goodwill by Segment
The following table presents the changes in goodwill by segment during the six months ended June 30, 2019:
 
Revlon
 
Portfolio
 
Elizabeth Arden
 
Fragrances
 
Total
Balance at January 1, 2019
$
265.0

 
$
171.2

 
$
116.9

 
$
120.8

 
$
673.9

Foreign currency translation adjustment
(0.1
)
 

 

 

 
(0.1
)
Balance at June 30, 2019
$
264.9

 
$
171.2

 
$
116.9

 
$
120.8

 
$
673.8

 
 
 
 
 
 
 
 
 
 
Cumulative goodwill impairment charges(a)


 


 


 


 
$
(55.2
)

(a) Amount refers to cumulative goodwill impairment charges related to impairments recognized in 2015, 2017 and 2018; no impairment charges were recognized during the six months ended June 30, 2019.

Summary of Finite-Lived Intangible Assets
The following tables present details of the Company's total intangible assets as of June 30, 2019 and December 31, 2018:
 
June 30, 2019
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Weighted-Average Useful Life (in Years)
Finite-lived intangible assets:
 
 
 
 
 
 
 
Trademarks and licenses
$
272.1

 
$
(103.2
)
 
$
168.9

 
13
Customer relationships
248.2

 
(90.0
)
 
158.2

 
12
Patents and internally-developed intellectual property
21.1

 
(11.0
)
 
10.1

 
6
Distribution rights
31.0

 
(4.9
)
 
26.1

 
15
Other
1.3

 
(1.2
)
 
0.1

 
1
Total finite-lived intangible assets
$
573.7

 
$
(210.3
)
 
$
363.4

 
 
 
 
 
 
 
 
 
 
Indefinite-lived intangible assets:
 
 
 
 
 
 
 
Trade names
$
144.7

 
N/A

 
$
144.7

 
 
Total indefinite-lived intangible assets
$
144.7

 
N/A

 
$
144.7

 
 
 
 
 
 
 
 
 
 
Total intangible assets
$
718.4

 
$
(210.3
)
 
$
508.1

 
 
 
 
 
 
 
 
 
 
 
December 31, 2018
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Weighted-Average Useful Life (in Years)
Finite-lived intangible assets:
 
 
 
 
 
 
 
Trademarks and licenses
$
272.3

 
$
(94.3
)
 
$
178.0

 
13
Customer relationships
248.6

 
(77.9
)
 
170.7

 
12
Patents and internally-developed intellectual property
20.9

 
(10.1
)
 
10.8

 
6
Distribution rights
31.0

 
(4.0
)
 
27.0

 
16
Other
1.3

 
(1.0
)
 
0.3

 
1
Total finite-lived intangible assets
$
574.1

 
$
(187.3
)
 
$
386.8

 
 
 
 
 
 
 
 
 
 
Indefinite-lived intangible assets:
 
 
 
 
 
 
 
Trade names
$
145.2

 
N/A

 
$
145.2

 
 
Total indefinite-lived intangible assets
$
145.2

 
N/A

 
$
145.2

 
 
 
 
 
 
 
 
 
 
Total intangible assets
$
719.3

 
$
(187.3
)
 
$
532.0

 
 
Summary of Indefinite-Lived Intangible Assets
The following tables present details of the Company's total intangible assets as of June 30, 2019 and December 31, 2018:
 
June 30, 2019
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Weighted-Average Useful Life (in Years)
Finite-lived intangible assets:
 
 
 
 
 
 
 
Trademarks and licenses
$
272.1

 
$
(103.2
)
 
$
168.9

 
13
Customer relationships
248.2

 
(90.0
)
 
158.2

 
12
Patents and internally-developed intellectual property
21.1

 
(11.0
)
 
10.1

 
6
Distribution rights
31.0

 
(4.9
)
 
26.1

 
15
Other
1.3

 
(1.2
)
 
0.1

 
1
Total finite-lived intangible assets
$
573.7

 
$
(210.3
)
 
$
363.4

 
 
 
 
 
 
 
 
 
 
Indefinite-lived intangible assets:
 
 
 
 
 
 
 
Trade names
$
144.7

 
N/A

 
$
144.7

 
 
Total indefinite-lived intangible assets
$
144.7

 
N/A

 
$
144.7

 
 
 
 
 
 
 
 
 
 
Total intangible assets
$
718.4

 
$
(210.3
)
 
$
508.1

 
 
 
 
 
 
 
 
 
 
 
December 31, 2018
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Weighted-Average Useful Life (in Years)
Finite-lived intangible assets:
 
 
 
 
 
 
 
Trademarks and licenses
$
272.3

 
$
(94.3
)
 
$
178.0

 
13
Customer relationships
248.6

 
(77.9
)
 
170.7

 
12
Patents and internally-developed intellectual property
20.9

 
(10.1
)
 
10.8

 
6
Distribution rights
31.0

 
(4.0
)
 
27.0

 
16
Other
1.3

 
(1.0
)
 
0.3

 
1
Total finite-lived intangible assets
$
574.1

 
$
(187.3
)
 
$
386.8

 
 
 
 
 
 
 
 
 
 
Indefinite-lived intangible assets:
 
 
 
 
 
 
 
Trade names
$
145.2

 
N/A

 
$
145.2

 
 
Total indefinite-lived intangible assets
$
145.2

 
N/A

 
$
145.2

 
 
 
 
 
 
 
 
 
 
Total intangible assets
$
719.3

 
$
(187.3
)
 
$
532.0

 
 
Estimated Future Amortization Expense
The following table reflects the estimated future amortization expense for each period presented, a portion of which is subject to exchange rate fluctuations, for the Company's finite-lived intangible assets as of June 30, 2019:
 
Estimated Amortization Expense
2019
$
17.5

2020
34.1

2021
33.2

2022
32.3

2023
30.7

Thereafter
215.6

Total
$
363.4