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Goodwill and Other Intangibles (Tables)
3 Months Ended
Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Goodwill
The following table summarizes the changes in goodwill for the three months ended March 31, 2015 (in thousands):
Balance at December 31, 2014
$
243,262

Acquisition of Rockwood
2,624,876

Acquisition of remaining interest in Shanghai Chemetall
18,168

Foreign currency translation
(176,636
)
Balance at March 31, 2015
$
2,709,670

Other Intangibles
The following table summarizes the changes in other intangibles and related accumulated amortization for the three months ended March 31, 2015 (in thousands):
 
Customer Lists and Relationships
 
Trade Names and Trademarks
 
Patents and Technology
 
Other
 
Total
Gross Asset Value
 
 
 
 
 
 
 
 
 
Balance at December 31, 2014
$
48,479

 
$
17,555

 
$
40,398

 
$
23,441

 
$
129,873

Acquisition of Rockwood
1,339,860

 
363,120

 
226,650

 
27,130

 
1,956,760

Acquisition of remaining interest in Shanghai Chemetall
76,537

 

 
1,328

 

 
77,865

Foreign currency translation adjustments and other
(64,318
)
 
(27,723
)
 
(19,855
)
 
(2,538
)
 
(114,434
)
Balance at March 31, 2015
$
1,400,558

 
$
352,952

 
$
248,521

 
$
48,033

 
$
2,050,064

Accumulated Amortization
 
 
 
 
 
 
 
 
 
Balance at December 31, 2014
(22,931
)
 
(7,912
)
 
(32,831
)
 
(22,074
)
 
(85,748
)
Amortization
(13,003
)
 
(3,521
)
 
(3,282
)
 
(107
)
 
(19,913
)
Foreign currency translation adjustments and other
1,318

 
380

 
1,765

 
469

 
3,932

Balance at March 31, 2015
$
(34,616
)
 
$
(11,053
)
 
$
(34,348
)
 
$
(21,712
)
 
$
(101,729
)
Net Book Value at December 31, 2014
$
25,548

 
$
9,643

 
$
7,567

 
$
1,367

 
$
44,125

Net Book Value at March 31, 2015
$
1,365,942

 
$
341,899

 
$
214,173

 
$
26,321

 
$
1,948,335

Total Estimated Amortization Expense of Other Intangibles for Next Five Fiscal Years
Total estimated amortization expense of other intangibles acquired in the Rockwood acquisition for the next five years is as follows (in thousands):
 
Estimated Amortization Expense
Remainder of 2015
$
64,560

2016
$
86,080

2017
$
86,080

2018
$
86,080

2019
$
86,080