Selected Financial Statement Information

12 Months Ended

Dec. 31, 2010

Selected Financial Statement Information

Selected Financial Statement Information

5. Selected Financial Statement Information

Accounts Receivable

        Accounts receivable at December 31, consists of the following:

(in thousands)		2010			2009
Accounts receivable		$	61,962		$	62,529
Less: Allowance for doubtful accounts			(2,000	)		(2,450	)
	Accounts receivable, net	$	59,962		$	60,079

Property and Equipment

        Our property and equipment at December 31, consists of the following:

(in thousands)			2010			2009
Medical Equipment			$	413,975		$	349,801
Less: Accumulated depreciation				(207,133	)		(151,942	)
		Medical equipment, net		206,842			197,859
Leasehold improvements				7,386			5,477
Office equipment and vehicles				38,778			31,996
				46,164			37,473
Less: Accumulated depreciation and amortization				(25,402	)		(18,067	)
	Property and office equipment, net			20,762			19,406
		Total property and equipment, net	$	227,604		$	217,265
Property and equipment financed under capital leases, net			$	11,944		$	10,286

Other Intangible Assets and Goodwill

        Our other intangible assets and goodwill as of December 31, 2010 and 2009, by reporting segment, consist of the following:

(in thousands)			Customer Relationships			Supply Agreement			Technology Database			Non-Compete Agreements			Favorable Lease Agreements			Trade Names (indefinite lives)		Goodwill
Medical Equipment Outsourcing
	Balance at January 1, 2009		$	60,857		$	22,833		$	—		$	—		$	—		$	143,000	$	205,953
		Other		—			—			—			90			—			—		—
		Amortization		(9,786	)		(2,000	)		—			(7	)		—			—		—
	Balance at December 31, 2009			51,071			20,833			—			83			—			143,000		205,953
		Amortization		(8,929	)		(2,678	)		—			(18	)		—			—		—
	Balance at December 31, 2010			42,142			18,155			—			65			—			143,000		205,953
Technical and Professional Services
	Balance at January 1, 2009			7,904			—			—			—			—			23,000		55,655
		Amortization		(692	)		—			—			—			—			—		—
	Balance at December 31, 2009			7,212			—			—			—			—			23,000		55,655
		Amortization		(692	)		—			—			—			—			—		—
	Balance at December 31, 2010			6,520			—			—			—			—			23,000		55,655
Sales and Remarketing
	Balance at January 1, 2009			—			—			—			—			—			—		18,603
		Amortization		—			—			—			—			—			—		—
	Balance at December 31, 2009			—			—			—			—			—			—		18,603
		Amortization		—			—			—			—			—			—		—
	Balance at December 31, 2010			—			—			—			—			—			—		18,603
Corporate and Unallocated
	Balance at January 1, 2009			—			—			4,783			376			95			—		—
		Amortization		—			—			(1,400	)		(376	)		(24	)		—		—
	Balance at December 31, 2009			—			—			3,383			—			71			—		—
		Amortization		—						(1,400	)		—			(21	)
	Balance at December 31, 2010			—			—			1,983			—			50			—		—
Total
	Balance at January 1, 2009			68,761			22,833			4,783			376			95			166,000		280,211
		Other		—			—			—			90			—			—		—
		Amortization		(10,478	)		(2,000	)		(1,400	)		(383	)		(24	)		—		—
	Balance at December 31, 2009			58,283			20,833			3,383			83			71			166,000		280,211
		Amortization		(9,621	)		(2,678	)		(1,400	)		(18	)		(21	)		—		—
	Balance at December 31, 2010		$	48,662		$	18,155		$	1,983		$	65		$	50		$	166,000	$	280,211

        Total amortization expense related to intangible assets was approximately $13.7, $14.3 and $15.7 million for the years ended December 31, 2010, 2009 and 2008, respectively.

        As of December 31, 2010, management performed its testing of impairment of goodwill as well as medical equipment outsourcing and technical and professional services trade names. Fair values were estimated using estimates, judgments, and assumptions (See Note 2) that management believes were appropriate in the circumstances. There is no aggregate goodwill impairment for any of the periods presented in our financial statements. The Company recorded an impairment charge of $4.0 million in the fourth quarter of 2008 related to its technical and professional services segment trade name. The impairment charge reflected modestly lower future revenues from the technical and professional services segment than were expected at the date of the Transaction due to poorer economic conditions and increased focus on growth in the Company's traditional medical equipment outsourcing business, Asset360 Programs (formerly, asset management partnership program, or, "AMPP") and manufacturer revenue share programs.

        At December 31, 2010, future estimated amortization expense related to intangible assets for each of the years ended December 31, 2011 to 2015 and thereafter is estimated as follows:

(in thousands)
	2011	$	13,107
	2012		11,428
	2013		9,982
	2014		9,117
	2015		8,239
Thereafter			17,044
		$	68,917

        Future amortization expense is an estimate. Actual amounts may change due to additional intangible asset acquisitions, impairment, accelerated amortization or other events.