XML 79 R10.htm IDEA: XBRL DOCUMENT v2.4.0.6
Intangible and Other Assets
12 Months Ended
Dec. 31, 2011
Intangible and Other Assets
3. Intangible and Other Assets

Following is a summary of intangible assets as of December 31:

 

            2011      2010  
     Weighted
Average
Life
     Gross
Amount
     Accumulated
Amortization
     Gross
Amount
     Accumulated
Amortization
 

Intangibles:

  

Patents and licenses, software and hardware designs

     6 years       $ 4,225       $ 1,661       $ 3,562       $ 1,144   

Developed technology

     10 years         2,782         626         2,782         348   

Customer relationships and non-compete

     9 years         2,838         756         2,838         420   

Trademark

     Indefinite         833         —           833         —     
     

 

 

    

 

 

    

 

 

    

 

 

 
      $ 10,678       $ 3,043       $ 10,015       $ 1,912   
     

 

 

    

 

 

    

 

 

    

 

 

 

Amortization expense for 2011, 2010 and 2009 was $1,131, $1,043 and $560, respectively. Estimated amortization expense for each of the ensuing years through December 31, 2016 is $1,203, $1,136, $1,124, $1,019 and $820, respectively.

Following is a summary of other assets as of December 31:

 

     2011      2010  

Other assets:

     

Bauxite raw materials:

     

Inventories

   $ 23,842       $ —     

Prepayments

     1,174         1,163   

Other assets

     826         1,114   
  

 

 

    

 

 

 
   $ 25,842       $ 2,277   
  

 

 

    

 

 

 

Bauxite raw materials are used in the production of heavyweight ceramic products. As of December 31, 2011 and 2010, the Company has classified as long-term assets those bauxite raw materials inventories and prepayments in the United States that are not expected to be consumed in production during the upcoming twelve month period.