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Other Intangible Assets
12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Other Intangible Assets
Other Intangible Assets
Other intangible assets are as follows (in thousands):

 
December 31,
 
2014
 
2013
 
Cost
 
Accumulated
Amortization
 
Cost
 
Accumulated
Amortization
Finite lived intangible assets:
 
 
 
 
 
 
 
Patents and technology
$
20,061

 
$
4,569

 
$
18,996

 
$
3,244

Customer lists
52,607

 
11,829

 
52,607

 
9,018

Trademarks and brand names
7,191

 
2,706

 
7,191

 
2,053

Other

 

 
191

 

Total finite lived intangible assets acquired
79,859

 
19,104

 
78,985

 
14,315

Deferred financing costs
1,655

 
512

 
1,392

 
169

Total amortizable intangible assets
81,514

 
$
19,616

 
80,377

 
$
14,484

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

 
 
 
11,630

 
 
Total other intangible assets
$
93,144

 
 
 
$
92,007

 
 
 
 
 
 
 
 
 
 
Carrying value:
 
 
 
 
 
 
 
Other intangible assets, net
$
73,528

 
 
 
$
77,523

 
 


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. Amortization of these other intangible assets will not be deductible for income tax purposes.

Intangible assets acquired are amortized on a straight-line basis over two to 20 years. Amortization of intangible assets acquired totaled $4.8 million, $3.9 million and $2.1 million for the years end ended December 31, 2014, 2013 and 2012, respectively.

Amortization of deferred financing costs totaled $0.3 million, $0.2 million and $0.9 million for the years ended December 31, 2014, 2013 and 2012, respectively. During the years ended December 31, 2013 and 2012, the carrying value of deferred financing costs was reduced by less than $0.1 million and by $1.8 million, respectively, upon repayments of the Company’s convertible senior notes.

Estimated future amortization expense for other intangible assets, including deferred financing costs, at December 31, 2014 is as follows (in thousands):
Year ending December 31,
 
2015
$
5,104

2016
4,872

2017
4,718

2018
4,457

2019
4,247

Thereafter
38,500

Other intangible assets, net
$
61,898


During the years ended December 31, 2014, 2013 and 2012, no impairments were recognized related to other intangible assets.