Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2012

The Company’s intangible assets, all of which are included in the Wholesale segment, consist of the following (in thousands):


	Year Ended December 31,
	2012							2011
	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net

Goodwill		5,085		—			5,085		2,673		—			2,673
Indefinite-lived intangible assets:
Trade names		18,364		—			18,364		19,433		—			19,433

Finite-lived intangible assets:
Licenses		15,847		(7,096	)		8,751		15,847		(6,641	)		9,206
Trade names		10,056		(1,800	)		8,256		6,116		(1,400	)		4,716
Customer relationships		18,406		(1,409	)		16,997		11,166		(681	)		10,485
Patents		584		(195	)		389		584		(160	)		424

Total		68,342		(10,500	)		57,842		55,819		(8,882	)		46,937

A summary of the activities related to the Company’s intangible assets for the year ended December 31, 2012 consists of the following (in thousands):


	Intangible Assets			Goodwill		Total Intangible Assets and Goodwill
Goodwill and Intangible Assets, December 31, 2010	$	30,818		$	—	$	30,818
Acquisition of trade names		3,639			—		3,639
Acquisition of customer relationships		10,580			—		10,580
Goodwill from Creative Tops acquisition		—			2,673		2,673
Amortization		(773	)		—		(773	)

Goodwill and Intangible Assets, December 31, 2011		44,264			2,673		46,937

Acquisition of trade names		3,940			—		3,940
Acquisition of customer relationships		7,240			—		7,240
Goodwill from F&F acquisition		—			2,412		2,412
Impairment of Elements^® trade name		(1,069	)		—		(1,069	)
Amortization		(1,618	)		—		(1,618	)

Goodwill and Intangible Assets, December 31, 2012	$	52,757		$	5,085	$	57,842

The weighted-average amortization periods for the Company’s finite-lived intangible assets as of December 31, 2012 are as follows:

Estimated amortization expense for each of the five succeeding fiscal years is as follows (in thousands):