GOODWILL AND OTHER INTANGIBLE ASSETS, NET
 12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS, NET

5. GOODWILL AND OTHER INTANGIBLE ASSETS, NET

During 2015, we did not record any goodwill impairment charges as a result of our annual impairment test and none of the goodwill associated with our various reporting units were considered at risk of impairment as of October 31, 2015. Since the date of our last annual goodwill impairment test, there have been no material developments, events, changes in operating performance or other circumstances that would cause management to believe it is more likely than not that the fair value of any of our reporting units would be less than its carrying amount.

During the fiscal year 2014, we recognized a non-cash other intangible impairment charge of $0.9 million during step one of our 2014 annual goodwill impairment test. In addition, we recorded non-cash impairment charges of $2.2 million related to those care centers that were closed or consolidated during 2014 as discussed in Note 13 – Exit and Restructuring Activities.

During the fiscal year 2013, we recognized the following: a non-cash goodwill impairment charge of $1.3 million and a non-cash other intangibles impairment charge of $8.2 million. The non-cash goodwill impairment charge related to an investment that was consolidated as discussed in Note 1- Nature of Operations, Consolidation and Presentation of Financial Statements. Included in the non-cash other intangibles impairment charge discussed above is $4.6 million recognized during step one of our 2013 annual goodwill impairment test and $3.6 million related to intangibles associated with those care centers that were closed or consolidated during 2013 as discussed in Note 13 – Exit and Restructuring Activities.

 

The following table summarizes the activity related to our goodwill for the 2015, 2014 and 2013 (amounts in millions):
           
   Goodwill
   Home Health Hospice Total
Balances at December 31, 2012 $18.2 $191.4 $209.6
 Additions  0.1  0.9  1.0
 Write-off (1)  (0.4)  0.0  (0.4)
 Impairment  (1.3)  0.0  (1.3)
Balances at December 31, 2013  16.6  192.3  208.9
 Write-off (1)  (0.1)  (3.2)  (3.3)
Balances at December 31, 2014  16.5  189.1  205.6
 Additions  50.6  5.5  56.1
Balances at December 31, 2015 $67.1 $194.6 $261.7
           

  • Write-off of goodwill related to the sale of care centers as discussed in Note 13 – Exit and Restructuring Activities.

The following table summarizes the activity related to our other intangible assets, net for 2015, 2014 and 2013 (amounts in millions):
              
   Other Intangible Assets, Net
         Non-Compete   
         Agreements &   
   Certificates of Acquired  Reacquired   
   Need and Names of Franchise   
   Licenses Business Rights Total
Balances at December 31, 2012 $33.7 $11.5 $1.8 $47.0
 Additions  0.6  0.0  0.0  0.6
 Write-off (1)  (1.1)  0.0  0.0  (1.1)
 Impairment  (7.8)  (0.4)  0.0  (8.2)
 Amortization  0.0  0.0  (1.6)  (1.6)
Balances at December 31, 2013  25.4  11.1  0.2  36.7
 Write-off (1)  (0.2)  0.0  0.0  (0.2)
 Impairment  (2.1)  (1.0)  0.0  (3.1)
 Amortization  0.0  0.0  (0.2)  (0.2)
Balances at December 31, 2014  23.1  10.1  0.0  33.2
 Additions  1.1  4.1  5.9  11.1
 Write-off (1)  (0.3)  0.0  0.0  (0.3)
Balances at December 31, 2015 $23.9 $14.2 $5.9 $44.0
              

  • Write-off of intangible assets related to the sale of care centers as discussed in Note 13 – Exit and Restructuring Activities.
  • The weighted average amortization period of our non-compete agreements is 3.0 years.

 

See Note 3 – Acquisitions for further details on additions to goodwill and other intangible assets, net.

 

 

The estimated aggregate amortization expense for each of the five succeeding years is as follows (amounts in millions):
      
 2016 $2.0 
 2017  2.0 
 2018  1.9 
 2019  0.0 
 2020  0.0 
   $5.9