Other Intangible Assets

9 Months Ended

Sep. 30, 2011

Other Intangible Assets [Abstract]

Other Intangible Assets

Note 7 — Other Intangible Assets

Other intangible assets are comprised of the following (in thousands):

	September 30, 2011				December 31, 2010
	Carrying		Accumulated		Carrying		Accumulated
	Value		Amortization		Value		Amortization
Patents	$	6,350	$	3,168	$	6,330	$	2,932
Customer lists		28,545		10,205		28,544		9,193
Non-compete agreements		1,715		1,641		1,715		1,581
Brand names		6,199		1,176		6,199		945
Other		616		414		396		396
Total intangible assets acquired		43,425		16,604		43,184		15,047
Deferred financing costs		8,715		5,395		12,827		5,498
Total other intangible assets	$	52,140	$	21,999	$	56,011	$	20,545
Other intangible assets, net	$	30,141			$	35,466

Other intangible assets acquired are amortized on a straight-line basis over two to 20 years. Amortization of other intangible assets acquired totaled $0.5 million and $0.6 million during the third quarter of 2011 and 2010, respectively and $1.6 million and $1.9 million for the nine months ended September 30, 2011 and 2010, respectively. Amortization of deferred financing costs totaled $0.5 million and $1.4 million for the three months ended September 30, 2011 and 2010, respectively, and $2.5 million and $2.9 million for the nine months ended September 30, 2011 and 2010, respectively.

The $4.1 million reduction in deferred financing costs carrying value, as compared to December 31, 2010, was primarily attributable to repayment of the Company's outstanding term loan during the second quarter of 2011. Additionally, on September 23, 2011, the Company and certain of the Company's subsidiaries entered into a Revolving Credit and Security Agreement (the "Credit Facility") and incurred approximately $0.4 million in financing costs associated with the transaction. (see Note 8) These financing costs are classified as deferred financing costs and are amortized over the expected term of the Credit Facility.