Other Intangible Assets Text Block |
8. Information related to other intangible assets follows (dollars in thousands): | | | Estimated | | | | | | | | Foreign | | | | | | | Life | | Original | | Accumulated | | Currency | | Book | | | | (years) | | Cost | | Amortization | | Translation | | Value | July 1, 2011 | | | | | | | | | | | | | | | Customer relationships | | 2 - 8 | | $ | 40,925 | | $ | (27,716) | | $ | (181) | | $ | 13,028 | Patents, proprietary technology | | | | | | | | | | | | | | | | and product documentation | | 3 - 10 | | | 14,752 | | | (9,688) | | | (87) | | | 4,977 | Trademarks, trade names | | | | | | | | | | | | | | | | and other | | 2 - 3 | | | 6,970 | | | (4,905) | | | - | | | 2,065 | | | | | | | | | | | | | | | | | | | | | | | 62,647 | | | (42,309) | | | (268) | | | 20,070 | Not Subject to Amortization: | | | | | | | | | | | | | | | | Brand names | | | | | 3,180 | | | - | | | - | | | 3,180 | | | | | | | | | | | | | | | | | Total | | | | $ | 65,827 | | $ | (42,309) | | $ | (268) | | $ | 23,250 | | | | | | | | | | | | | | | | | December 31, 2010 | | | | | | | | | | | | | | | Customer relationships | | 3 - 8 | | $ | 41,075 | | $ | (24,840) | | $ | (181) | | $ | 16,054 | Patents, proprietary technology | | | | | | | | | | | | | | | | and product documentation | | 3 - 10 | | | 19,902 | | | (13,956) | | | (87) | | | 5,859 | Trademarks, trade names | | | | | | | | | | | | | | | | and other | | 3 - 10 | | | 8,154 | | | (4,909) | | | - | | | 3,245 | | | | | | | | | | | | | | | | | | | | | | | 69,131 | | | (43,705) | | | (268) | | | 25,158 | Not Subject to Amortization: | | | | | | | | | | | | | | | | Brand names | | | | | 3,180 | | | - | | | - | | | 3,180 | | | | | | | | | | | | | | | | | Total | | | | $ | 72,311 | | $ | (43,705) | | $ | (268) | | $ | 28,338 |
Amortization of intangibles was $2.9 million in the second quarter of 2011 and $5.7 million year-to-date. Estimated annual amortization expense is as follows: $10.9 million in 2011, $9.0 million in 2012, $4.3 million in 2013, $0.9 million in 2014, $0.5 million in 2015 and $0.2 million thereafter. |