| AMORTIZABLE INTANGIBLE ASSETS |
NOTE 10. AMORTIZABLE
INTANGIBLE ASSETS
The following
tables provide details, by major category, of the significant
classes of amortizable intangible assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
As of September 30,
2011 |
|
| |
|
Cost |
|
|
Accumulated
Amortization
|
|
|
Net |
|
|
|
|
|
| |
|
(Dollars in
thousands) |
|
|
Customer lists and
contracts
|
|
$ |
15,556 |
|
|
$ |
(11,113 |
) |
|
$ |
4,443 |
|
|
Domain and brand
names
|
|
|
8,143 |
|
|
|
(6,233 |
) |
|
|
1,910 |
|
|
Favorable and assigned
leases
|
|
|
1,649 |
|
|
|
(1,513 |
) |
|
|
136 |
|
|
Other amortizable intangible
assets
|
|
|
4,342 |
|
|
|
(3,555 |
) |
|
|
787 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
29,690 |
|
|
$ |
(22,414 |
) |
|
$ |
7,276 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
As of December 31,
2010 |
|
| |
|
Cost |
|
|
Accumulated
Amortization |
|
|
Net |
|
| |
|
(Dollars in
thousands) |
|
|
Customer lists and
contracts
|
|
$ |
12,881 |
|
|
$ |
(10,313 |
) |
|
$ |
2,568 |
|
|
Domain and brand
names
|
|
|
7,695 |
|
|
|
(5,492 |
) |
|
|
2,203 |
|
|
Favorable and assigned
leases
|
|
|
1,649 |
|
|
|
(1,444 |
) |
|
|
205 |
|
|
Other amortizable intangible
assets
|
|
|
3,799 |
|
|
|
(3,247 |
) |
|
|
552 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
26,024 |
|
|
$ |
(20,496 |
) |
|
$ |
5,528 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Based on the
amortizable intangible assets as of September 30, 2011, we
estimate amortization expense for the next five years to be as
follows:
|
|
|
|
|
|
|
|
Year
Ending December 31,
|
|
|
|
Amortization Expense |
|
| |
|
|
|
(Dollars in
thousands) |
|
|
2011 (Oct
– Dec)
|
|
|
|
$ |
656 |
|
|
2012
|
|
|
|
|
2,144 |
|
|
2013
|
|
|
|
|
1,803 |
|
|
2014
|
|
|
|
|
1,396 |
|
|
2015
|
|
|
|
|
804 |
|
|
Thereafter
|
|
|
|
|
473 |
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
$ |
7,276 |
|
|
|
|
|
|
|
|
|