Goodwill and Other Intangible Assets

9 Months Ended

Sep. 30, 2011

Goodwill and Other Intangible Assets [Abstract]

Note 6. Goodwill and Other Intangible Assets

The changes in the carrying amount of goodwill for the nine months ended September 30, 2011 were as follows:


			Marketing &
	Marketing &		Events			Travel &
	Events U.S.		International			Recreation Group			Total
	(in thousands)
Balance at January 1, 2011	$	62,686	$	22,455		$	42,300		$	127,441
Business acquisitions		—		—			7,396			7,396
Foreign currency translation adjustments		—		(465	)		(2,463	)		(2,928	)

Balance at September 30, 2011	$	62,686	$	21,990		$	47,233		$	131,909

A summary of other intangible assets as of September 30, 2011 is presented below:


	Gross Carrying		Accumulated			Net Carrying
	Value		Amortization			Value
	(in thousands)
Amortized intangible assets:
Customer contracts and relationships	$	2,587	$	(1,540	)	$	1,047
Non-compete agreement		85		—			85
Proprietary technology		517		(505	)		12
Other		67		(26	)		41

		3,256		(2,071	)		1,185


Unamortized intangible assets:
Trade names		633		—			633
Business licenses		460		—			460

		1,093		—			1,093


Total	$	4,349	$	(2,071	)	$	2,278

A summary of amortized other intangible assets as of December 31, 2010 is presented below:


	Gross Carrying		Accumulated			Net Carrying
	Value		Amortization			Value
	(in thousands)
Customer contracts and relationships	$	2,506	$	(1,135	)	$	1,371
Proprietary technology		517		(448	)		69
Design libraries		175		(110	)		65
Other		166		(108	)		58

	$	3,364	$	(1,801	)	$	1,563

Intangible asset amortization expense for the three months ended September 30, 2011 and 2010 was $185,000 and $238,000, respectively, and $568,000 and $721,000 for the nine months ended September 30, 2011 and 2010, respectively. Estimated amortization expense related to amortized intangible assets for future periods is expected to be as follows:


	(in thousands)

2011	$	265
2012	$	434
2013	$	349
2014	$	119
2015	$	18

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- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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