XML 30 R11.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 5 - Goodwill and Intangible Assets
12 Months Ended
Dec. 31, 2011
Goodwill and Intangible Assets Disclosure [Text Block]
5.        Goodwill and Intangible Assets
 

In accordance with FASB ASC 350, Intangibles – Goodwill and Other, management evaluates goodwill impairment on an annual basis, and no impairment charge was identified during the years presented.

Definite-lived intangible assets, consisting of patents and trademarks, are amortized over their useful lives.  Intangible assets consisted of the following:

   
December 31, 2011
   
December 31, 2010
 
   
Weighted Average Amortization Period (Years)
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Weighted Average Amortization Period (Years)
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Patents and Trademarks
    7.0     $ 466,000     $ (331,000   $ 135,000       7.0     $ 470,000     $ (306,000 )   $ 164,000  

Amortization of intangible assets was $27,000 and $28,000 for the years ended December 31, 2011 and 2010, respectively.

Estimated future amortization expense related to definite-lived intangible assets is as follows:

Years ending December 31,
       
2012
  $ 28,000  
2013
    21,000  
2014
    19,000  
2015
    19,000  
2016
    18,000  
Thereafter
    30,000  
    $ 135,000