Goodwill and Other Intangible Assets

6 Months Ended

Jun. 30, 2012

Goodwill and Other Intangible Assets [Abstract]

Goodwill and Other Intangible Assets

Note 7. Goodwill and Other Intangible Assets

The changes in the carrying amount of goodwill for the six months ended June 30, 2012 were as follows:

	Marketing & Events U.S.		Marketing & Events International		Travel & Recreation Group		Total
			(in thousands)
Balance at January 1, 2012	$	62,686	$	22,198	$	48,810	$	133,694
Business acquisition		—		—		1,890		1,890
Foreign currency translation adjustments		—		150		159		309
Balance at June 30, 2012	$	62,686	$	22,348	$	50,859	$	135,893

A summary of other intangible assets as of June 30, 2012 is presented below:

	Gross  Carrying Value		Accumulated Amortization			Net Carrying Value
	(in thousands)
Amortized intangible assets:
Contracts and customer relationships	$	3,556	$	(2,034	)	$	1,522
Other		937		(59	)		878
		4,493		(2,093	)		2,400
Unamortized intangible assets:
Business licenses		460		—			460
Total	$	4,953	$	(2,093	)	$	2,860

A summary of other intangible assets as of December 31, 2011 is presented below:

	Gross Carrying Value		Accumulated Amortization			Net Carrying Value
	(in thousands)
Amortized intangible assets:
Contracts and customer relationships	$	3,122	$	(1,736	)	$	1,386
Other		68		(30	)		38
		3,190		(1,766	)		1,424
Unamortized intangible assets:
Business licenses		460		—			460
Total	$	3,650	$	(1,766	)	$	1,884

Intangible asset amortization expense for the three months ended June 30, 2012 and 2011 was $186,000 and $188,000, respectively, and $321,000 and $383,000 for the six months ended June 30, 2012 and 2011, respectively. Estimated amortization expense related to amortized intangible assets for future periods is expected to be as follows:

	(in thousands)
2012	$	375
2013	$	707
2014	$	422
2015	$	251
2016	$	195
2017 and thereafter	$	450