Quarterly report pursuant to Section 13 or 15(d)

ACQUISITIONS

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ACQUISITIONS
 6 Months Ended
Jun. 30, 2011
ACQUISITIONS.  
ACQUISITIONS

NOTE 10.

 

ACQUISITIONS

 

The Company made several acquisitions during the six month periods ended June 30, 2011 and 2010, none of which are considered material in nature individually or in total.

 

Goodwill from acquisitions represents the excess of the purchase price over the fair value of net assets of businesses acquired.  The carrying amount of goodwill was $213.7 million at June 30, 2011 and $210.8 million at December 31, 2010.  Goodwill generally changes due to acquisitions, finalization of allocation of purchase prices of previous acquisitions and foreign currency translations.  The carrying amount of goodwill in foreign countries was $10.0 million at June 30, 2011 and $9.4 million at December 31, 2010.

 

The Company has not had a triggering event to test for impairment of goodwill since its most recent impairment analysis on September 30, 2010.

 

The carrying amount of customer contracts and other intangible assets was $144.9 million as of June 30, 2011 and $147.6 million at December 31, 2010.  The carrying amount of customer contracts in foreign countries was $6.9 million at June 30, 2011 and $4.0 million at December 31, 2010.