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Other Intangible Assets
9 Months Ended
Sep. 30, 2013
Other Intangible Assets

Note 6 – Other Intangible Assets

Other intangible assets consist of the following:

 

(in thousands)

 

September 30,
2013

 

 

December 31,
2012

 

Finite-lived intangible assets:

  

 

 

 

 

 

 

 

Customer lists

 

$

  77,166

  

 

$

  77,981

  

Covenants not to compete

 

 

  27,112

  

 

 

  26,842

  

Trademarks

 

 

  10,048

  

 

 

  10,070

  

Patents

 

 

  2,840

  

 

 

  2,840

  

 

 

 

  117,166

  

 

 

  117,733

  

Accumulated amortization

 

 

(87,034

) 

 

 

(78,495

) 

 

 

 

  30,132

  

 

 

  39,238

  

Indefinite-lived intangible assets:

 

 

 

 

 

 

 

 

Licenses

 

 

  17,827

  

 

 

  17,857

  

 

 

$

  47,959

  

 

$

  57,095

  

Amortization expense for finite-lived intangible assets was $2.8 million and $9.0 million for the three and nine months ended September 30, 2013, respectively, and $2.9 million and $8.7 million for the three and nine months ended September 30, 2012, respectively.

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

 

Year

 

(in thousands)

 

Remainder of 2013

$

  3,047

  

2014

$

  8,117

  

2015

$

  4,605

  

2016

$

  3,527

  

2017

$

  1,990

  

2018

$

  1,841