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Other Intangible Assets
12 Months Ended
Dec. 31, 2013
Goodwill And Intangible Assets Disclosure [Abstract]  
Other Intangible Assets

Note 9—Other Intangible Assets

The carrying amount of other intangibles consisted of the following:

 

(Dollar amounts in thousands)         December 31, 2013  
   Useful life in years    Gross
amount
     Accumulated
amortization
    Net carrying
amount
 

Customer relationships

   14    $ 314,036       $ (73,180   $ 240,856   

Trademark

   10 - 15      39,950         (11,258     28,692   

Software packages

   3 - 10      119,598         (65,655     53,943   

Non-compete agreement

   15      56,539         (12,250     44,289   
     

 

 

    

 

 

   

 

 

 

Other intangible assets, net

      $ 530,123       $ (162,343   $ 367,780   
     

 

 

    

 

 

   

 

 

 

 

(Dollar amounts in thousands)         December 31, 2012  
   Useful life in years    Gross
amount
     Accumulated
amortization
    Net carrying
amount
 

Customer relationships

   14    $ 313,726       $ (50,769   $ 262,957   

Trademark

   10 - 15      39,950         (7,794     32,156   

Software packages

   3 - 10      110,478         (50,479     59,999   

Non-compete agreement

   15      56,539         (8,481     48,058   
     

 

 

    

 

 

   

 

 

 

Other intangible assets, net

      $ 520,693       $ (117,523   $ 403,170   
     

 

 

    

 

 

   

 

 

 

The estimated amortization expenses of balances outstanding at December 31, 2013 for the next five years are as follows:

 

(Dollar amounts in thousands)       

2014

   $ 49,994   

2015

     45,544   

2016

     35,843   

2017

     32,172   

2018

     30,267   

Amortization expense related to intangibles was $54.2 million, $55.1 million and $54.6 million for the years ended December 31, 2013, 2012 and 2011, respectively. Amortization expense related to software costs was $24.5 million, $25.4 million and $24.7 million for the years ended December 31, 2013, 2012 and 2011, respectively.