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Other Intangible Assets
9 Months Ended
Sep. 30, 2012
Other Intangible Assets

Note 6 – Other Intangible Assets

Other intangible assets consist of the following:

 

(in thousands)

   September 30,
2012
    December 31,
2011
 

Finite-lived intangible assets:

    

Customer lists

   $ 76,299      $ 69,763   

Covenants not to compete

     26,889        29,441   

Trademarks

     10,078        9,551   

Patents

     2,840        2,840   
  

 

 

   

 

 

 
     116,106        111,595   

Accumulated amortization

     (75,379     (69,397
  

 

 

   

 

 

 
     40,727        42,198   

Indefinite-lived intangible assets:

    

Licenses

     17,869        17,796   
  

 

 

   

 

 

 
   $ 58,596      $ 59,994   
  

 

 

   

 

 

 

Amortization expense for finite-lived intangible assets was $2.9 million and $8.7 million for the three and nine months ended September 30, 2012, respectively, and $3.4 million and $10.4 million for the three and nine months ended September 30, 2011, respectively.

Estimated amortization expense for finite-lived intangible assets for the next five years is as follows:

 

Year

   (in thousands)  

Remainder of 2012

   $ 3,258   

2013

   $ 12,341   

2014

   $ 7,879   

2015

   $ 4,618   

2016

   $ 3,786   

2017

   $ 2,005