BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2019

Accounting Policies [Abstract]

Property, Plant and Equipment, Estimated Useful Lives

Depreciation of plant and equipment is calculated using the straight-line method over the estimated useful lives of the assets as follows:

Buildings	15-25 years
Equipment	2-28 years

Summary of Goodwill

The Company had goodwill in the amount of $523,998 and $447,995 as of December 31, 2019 and December 31, 2018, respectively, subject to the provisions of ASC 350, “Intangibles-Goodwill and Other.”

Goodwill at December 31, 2017	$	441,361
Goodwill as a result of the Acquisitions - see Note 2	6,838
Impact due to change in foreign exchange rates	(204)
Goodwill at December 31, 2018	447,995
Goodwill as a result of the Acquisitions – see Note 2	77,392
Impact due to change in foreign exchange rates	(1,389)
Goodwill at December 31, 2019	$	523,998

	December 31, 2019		December 31, 2018
HNH	$	423,600	$	405,527
ANH	17,189		18,578
Specialty Products	81,981		22,662
Industrial Products	1,228		1,228
Total	$	523,998	$	447,995

Intangible Assets, Estimated Useful Lives

The following intangible assets with finite lives are stated at cost and are amortized either on an accelerated basis or on a straight-line basis over the following estimated useful lives:

	Amortization Period (in years)
Customer relationships and lists	10 - 20
Trademarks & trade names	2 - 17
Developed technology	5 - 12
Regulatory registration costs	5 - 10
Patents & trade secrets	15 - 17
Other	3 - 18