| 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 June 30,
2013 |
|
| |
|
|
|
|
Accumulated |
|
|
|
|
| |
|
Cost |
|
|
Amortization |
|
|
Net |
|
| |
|
(Dollars in
thousands) |
|
|
Customer lists and
contracts
|
|
$ |
17,213 |
|
|
$ |
(13,443 |
) |
|
$ |
3,770 |
|
|
Domain and brand
names
|
|
|
11,042 |
|
|
|
(7,638 |
) |
|
|
3,404 |
|
|
Favorable and assigned
leases
|
|
|
2,358 |
|
|
|
(1,649 |
) |
|
|
709 |
|
|
Other amortizable
intangible assets
|
|
|
3,997 |
|
|
|
(3,771 |
) |
|
|
226 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
34,610 |
|
|
$ |
(26,501 |
) |
|
$ |
8,109 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
As of December 31,
2012 |
|
| |
|
|
|
|
Accumulated |
|
|
|
|
| |
|
Cost |
|
|
Amortization |
|
|
Net |
|
| |
|
(Dollars in
thousands) |
|
|
Customer lists and
contracts
|
|
$ |
17,213 |
|
|
$ |
(12,665 |
) |
|
$ |
4,548 |
|
|
Domain and brand
names
|
|
|
11,015 |
|
|
|
(7,192 |
) |
|
|
3,823 |
|
|
Favorable and assigned
leases
|
|
|
1,649 |
|
|
|
(1,594 |
) |
|
|
55 |
|
|
Other amortizable
intangible assets
|
|
|
3,997 |
|
|
|
(3,670 |
) |
|
|
327 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
33,874 |
|
|
$ |
(25,121 |
) |
|
$ |
8,753 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Based on the
amortizable intangible assets as of June 30, 2013, we estimate
amortization expense for the next five years to be as
follows:
|
|
|
|
|
|
Year Ending
December 31,
|
|
Amortization Expense |
|
| |
|
(Dollars in
thousands) |
|
|
2013 (July –
Dec)
|
|
$ |
1,354 |
|
|
2014
|
|
|
2,411 |
|
|
2015
|
|
|
1,733 |
|
|
2016
|
|
|
957 |
|
|
2017
|
|
|
583 |
|
|
Thereafter
|
|
|
1,071 |
|
|
|
|
|
|
|
Total
|
|
$ |
8,109 |
|
|
|
|
|
|
|