Goodwill and Other Intangibles

9 Months Ended

Sep. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangibles:

The following table summarizes the changes in goodwill by reportable segment for the nine months ended September 30, 2017 (in thousands):



	Lithium and Advanced Materials			Bromine Specialties		Refining Solutions		All Other		Total
Balance at December 31, 2016	$	1,348,261		$	20,319	$	164,866	$	6,586	$	1,540,032
Acquisitions^(a)	(21,427		)	—		—		—		(21,427		)
Foreign currency translation adjustments and other	77,707			—		20,166		—		97,873
Balance at September 30, 2017	$	1,404,541		$	20,319	$	185,032	$	6,586	$	1,616,478


(a)	Primarily represents preliminary purchase price adjustments related to the preliminary appraisal of intangible assets during the measurement period for the Jiangli New Materials acquisition. See Note 2, “Acquisitions,” for additional information.

The following table summarizes the changes in other intangibles and related accumulated amortization for the nine months ended September 30, 2017 (in thousands):



	Customer Lists and Relationships			Trade Names and Trademarks^(a)			Patents and Technology			Other			Total
Gross Asset Value
Balance at December 31, 2016	$	387,893		$	16,514		$	38,434		$	18,844		$	461,685
Acquisitions^(b)	1,717			1,429			25,555			15,677			44,378
Foreign currency translation adjustments and other	28,461			913			3,245			5,277			37,896
Balance at September 30, 2017	$	418,071		$	18,856		$	67,234		$	39,798		$	543,959
Accumulated Amortization
Balance at December 31, 2016	$	(49,165	)	$	(7,952	)	$	(31,683	)	$	(18,321	)	$	(107,121	)
Amortization	(14,811		)	—			(1,288		)	(1,528		)	(17,627		)
Foreign currency translation adjustments and other	(3,620		)	(296		)	(1,816		)	2,934			(2,798		)
Balance at September 30, 2017	$	(67,596	)	$	(8,248	)	$	(34,787	)	$	(16,915	)	$	(127,546	)
Net Book Value at December 31, 2016	$	338,728		$	8,562		$	6,751		$	523		$	354,564
Net Book Value at September 30, 2017	$	350,475		$	10,608		$	32,447		$	22,883		$	416,413


(a)	Balances as of September 30, 2017 and December 31, 2016 include only indefinite-lived intangible assets.


(b)	Represents preliminary purchase price adjustments for the Jiangli New Materials acquisition and the acquisition of the remaining equity interest in Salmag. See Note 2, “Acquisitions,” for additional information.

- 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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