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

Note 6: Intangible Assets

The following summarizes the components of intangible assets at December 31, 2013 and 2012:

 

     At December 31, 2013      At December 31, 2012  
     Gross
Carrying
Amount
     Accumulated
Amortization
    Net      Gross
Carrying
Amount
     Accumulated
Amortization
    Net  
     (In millions)  

Amortized intangible assets

               

Customer relationships

   $ 46.7       $ (13.4   $ 33.3       $ 46.8       $ (9.5   $ 37.3   

Developed technology / product know-how

     1.9         (1.3     0.6         1.9         (0.9     1.0   

Non-compete agreements

     1.4         (0.9     0.5         1.4         (0.6     0.8   

Trademarks

     19.7         (3.2     16.5         19.8         (1.9     17.9   

Licenses

     0.5         (0.2     0.3         0.4         (0.1     0.3   
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Total intangible assets

   $ 70.2       $ (19.0   $ 51.2       $ 70.3       $ (13.0   $ 57.3   
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Amortization expense related to intangible assets for the years ended December 31, 2013, 2012 and 2011 was $6.0 million, $6.0 million and $2.7 million, respectively.

Intangible assets are amortized over a period between 2 and 20 years. Estimated amortization expense related to intangible assets at December 31, 2013, for each of the years in the five year period ending December 31, 2018 and thereafter is as follows:

 

     Estimated
Amortization Expense
 
     (In millions)  

For the year ended December 31, 2014

   $ 6.0   

For the year ended December 31, 2015

     5.6   

For the year ended December 31, 2016

     4.8   

For the year ended December 31, 2017

     4.6   

For the year ended December 31, 2018

     4.3   

For the years ended thereafter

     25.9