| 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 March 31,
2012 |
|
| |
|
Cost |
|
|
Accumulated
Amortization
|
|
|
Net |
|
| |
|
(Dollars in
thousands) |
|
|
Customer lists and
contracts
|
|
$ |
15,519 |
|
|
$ |
(11,670 |
) |
|
$ |
3,849 |
|
|
Domain and brand
names
|
|
|
8,227 |
|
|
|
(6,647 |
) |
|
|
1,580 |
|
|
Favorable and assigned
leases
|
|
|
1,649 |
|
|
|
(1,559 |
) |
|
|
90 |
|
|
Other amortizable
intangible assets
|
|
|
3,891 |
|
|
|
(3,529 |
) |
|
|
362 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
29,286 |
|
|
$ |
(23,405 |
) |
|
$ |
5,881 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
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 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Based on the
amortizable intangible assets as of March 31, 2012, we
estimate amortization expense for the next five years to be as
follows:
|
|
|
|
|
|
|
|
Year Ending December 31,
|
|
|
|
Amortization Expense |
|
| |
|
|
|
(Dollars in thousands) |
|
|
2012 (Apr
– Dec)
|
|
|
|
$ |
1,421 |
|
|
2013
|
|
|
|
|
1,719 |
|
|
2014
|
|
|
|
|
1,415 |
|
|
2015
|
|
|
|
|
826 |
|
|
2016
|
|
|
|
|
252 |
|
|
Thereafter
|
|
|
|
|
248 |
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
$ |
5,881 |
|
|
|
|
|
|
|
|
|