Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangibles

v3.7.0.1
Goodwill and Other Intangibles
6 Months Ended
Jun. 30, 2017
Goodwill and Other Intangibles  
Goodwill and Other Intangibles

 

3. GOODWILL AND OTHER INTANGIBLES

 

Changes in the carrying amount of goodwill for the six months ended June 30,  2017,  by segment, were as follows, in thousands:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Gross Goodwill

    

 

    

Gross Goodwill

    

Accumulated

    

Net Goodwill

 

 

at

 

 

 

at

 

Impairment

 

at

 

 

December 31, 2016

 

Additions

 

June 30, 2017

 

Losses

 

June 30, 2017

Installation

 

$

1,390,792

 

$

39,775

 

$

1,430,567

 

$

(762,021)

 

$

668,546

Distribution

 

 

416,287

 

 

 —

 

 

416,287

 

 

 —

 

 

416,287

Total

 

$

1,807,079

 

$

39,775

 

$

1,846,854

 

$

(762,021)

 

$

1,084,833

 

Other intangible assets, net includes customer relationships, non-compete agreements, and trademarks.  The following table sets forth our other intangible assets, in thousands:

 

 

 

 

 

 

 

 

 

 

As of

 

    

June 30, 

    

December 31, 

 

 

2017

 

2016

Gross definite-lived intangible assets

 

$

47,502

 

$

20,932

Accumulated amortization

 

 

(19,123)

 

 

(18,683)

Net definite-lived intangible assets

 

 

28,379

 

 

2,249

Indefinite-lived intangible assets not subject to amortization

 

 

407

 

 

407

Other intangible assets, net

 

$

28,786

 

$

2,656