| AMORTIZABLE INANGIBLE ASSETS |
NOTE 5. AMORTIZABLE
INANGIBLE ASSETS
The following
tables provide details, by major category, of the significant
classes of amortizable intangible assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
As of December 31,
2011 |
|
| |
|
Cost |
|
|
Accumulated
Amortization |
|
|
Net |
|
| |
|
(Dollars in
thousands) |
|
|
Customer lists and
contracts
|
|
$ |
15,519 |
|
|
$ |
(11,372 |
) |
|
$ |
4,147 |
|
|
Domain and brand
names
|
|
|
8,227 |
|
|
|
(6,436 |
) |
|
|
1,791 |
|
|
Favorable and assigned
leases
|
|
|
1,649 |
|
|
|
(1,536 |
) |
|
|
113 |
|
|
Other amortizable
intangible assets
|
|
|
3,891 |
|
|
|
(3,473 |
) |
|
|
418 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
29,286 |
|
|
$ |
(22,817 |
) |
|
$ |
6,469 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
As of December 31,
2010 |
|
| |
|
Cost |
|
|
Accumulated
Amortization |
|
|
Net |
|
| |
|
(Dollars in
thousands) |
|
|
Customer lists and
contracts
|
|
$ |
12,837 |
|
|
$ |
(10,300 |
) |
|
$ |
2,537 |
|
|
Domain and brand
names
|
|
|
7,649 |
|
|
|
(5,490 |
) |
|
|
2,159 |
|
|
Favorable and assigned
leases
|
|
|
1,649 |
|
|
|
(1,444 |
) |
|
|
205 |
|
|
Other amortizable
intangible assets
|
|
|
3,348 |
|
|
|
(3,196 |
) |
|
|
152 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
25,483 |
|
|
$ |
(20,430 |
) |
|
$ |
5,053 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Based on the
amortizable intangible assets as of December 31, 2011, we
estimate amortization expense for the next five years to be as
follows:
|
|
|
|
|
|
Year Ending
December 31,
|
|
Amortization Expense |
|
| |
|
(Dollars in
thousands) |
|
|
2012
|
|
$ |
2,009 |
|
|
2013
|
|
|
1,719 |
|
|
2014
|
|
|
1,415 |
|
|
2015
|
|
|
826 |
|
|
2016
|
|
|
252 |
|
|
Thereafter
|
|
|
248 |
|
|
|
|
|
|
|
Total
|
|
$ |
6,469 |
|
|
|
|
|
|
|