XML 69 R20.htm IDEA: XBRL DOCUMENT v2.4.0.6
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2013
Goodwill
The following table summarizes, by reportable segment, the gross amount, accumulated impairment losses and net carrying amount of goodwill included on the unaudited condensed consolidated balance sheets as of March 31, 2013 and December 31, 2012. There were no changes in the carrying amount of goodwill for the three months ended March 31, 2013.
(in thousands of U.S. dollars)
Shared Mail
 
Neighborhood Targeted
 
Free-standing Inserts
 
International, Digital Media & Services
 
Total
Total goodwill acquired
$
721,384

 
$
5,325

 
$
22,357

 
$
96,957

 
$
846,023

Accumulated impairment losses
(187,200
)
 
(3,985
)
 

 
(22,400
)
 
(213,585
)
Goodwill
534,184

 
1,340

 
22,357

 
74,557

 
632,438

Components of Other Intangible Assets, Net
The components of other intangible assets, net included on the unaudited condensed consolidated balance sheets consisted of:
 
March 31, 2013
 
December 31, 2012
(in thousands of U.S. dollars)
Gross Amount
 
Accumulated Amortization
 
Net Amount
 
Weighted
Average
Remaining
Useful Life
(in years)
 
Gross Amount
 
Accumulated Amortization
 
Net Amount
 
Weighted
Average
Remaining
Useful Life (in years)
Finite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
Mailing lists, non-compete agreements and other
$
47,320

 
$
(14,067
)
 
$
33,253

 
12.1
 
$
47,320

 
$
(13,025
)
 
$
34,295

 
12.2
Customer relationships
142,200

 
(57,953
)
 
84,247

 
7.9
 
142,200

 
(55,266
)
 
86,934

 
8.2
Total
$
189,520

 
(72,020
)
 
117,500

 
 
 
$
189,520

 
(68,291
)
 
121,229

 
 
Indefinite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
Valassis name, tradenames, trademarks and other
 
93,942

 
 
 
 
 
 
 
93,942

 
 
Other intangible assets, net
 
 
 
$
211,442

 
 
 

 
 
 
$
215,171