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Other Intangible Assets
12 Months Ended
Dec. 31, 2013
Other Intangible Assets [Abstract]  
Other Intangible Assets
Other Intangible Assets
Other intangible assets are as follows (in thousands):


 
December 31,
 
2013
 
2012
 
Cost
 
Accumulated
Amortization
 
Cost
 
Accumulated
Amortization
Finite lived intangible assets:
 
 
 
 
 
 
 
Patents and technology
$
18,996

 
$
3,244

 
$
4,314

 
$
1,654

Customer lists
52,607

 
9,018

 
23,337

 
6,688

Non-compete agreements

 

 
402

 
402

Trademarks and brand names
7,191

 
2,053

 
6,151

 
1,513

Other
191

 

 
915

 
801

Total finite lived intangible assets acquired
78,985

 
14,315

 
35,119

 
11,058

Deferred financing costs
1,392

 
169

 
1,290

 
1,185

Total amortizable intangible assets
80,377

 
$
14,484

 
36,409

 
$
12,243

Indefinite lived intangible assets:
 
 
 
 
 
 
 
Trademarks and brand names
11,630

 
 
 

 
 
Total other intangible assets
$
92,007

 
 
 
$
36,409

 
 
 
 
 
 
 
 
 
 
Carrying value:
 
 
 
 
 
 
 
Other intangible assets, net
$
77,523

 
 
 
$
24,166

 
 



With the acquisition of Florida Chemical on May 10, 2013, the Company recorded increases in finite lived intangible assets of $14.1 million in patents and technology, $29.3 million in customer lists and $1.0 million in trademarks and brand names. In addition, the Company recorded $11.6 million in indefinite lived trademarks and brand names. These acquired intangible assets were recorded at fair value as of the date of acquisition.

Intangible assets acquired are amortized on a straight-line basis over two to 20 years. Amortization of intangible assets acquired totaled $3.9 million, $2.1 million and $2.1 million for the years end ended December 31, 2013, 2012 and 2011, respectively.

Amortization of deferred financing costs totaled $0.2 million, $0.9 million, and $3.1 million for the years ended December 31, 2013, 2012 and 2011, respectively. During 2013 and 2012, the carrying value of deferred financing costs was reduced by less than $0.1 million and $1.8 million, respectively, upon repayments of the Company’s convertible senior notes.

Estimated future amortization expense for intangible assets, including deferred financing costs, at December 31, 2013 is as follows (in thousands):

Year ending December 31,
 
2014
$
4,972

2015
4,935

2016
4,704

2017
4,549

2018
4,302

Thereafter
42,431

Other intangible assets, net
$
65,893


During 2013, 2012 and 2011, no impairment was recognized related to other intangible assets.