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Intangible Assets - LIN Television
3 Months Ended
Mar. 31, 2012
Intangible Assets

 

Note 5 — Intangible Assets

 

The following table summarizes the carrying amounts of intangible assets (in thousands):

 

 

 

March 31, 2012

 

December 31, 2011

 

 

 

Gross Carrying

Amount

 

Accumulated

Amortization

 

Gross Carrying

Amount

 

Accumulated

Amortization

 

Goodwill

 

$

122,312

 

$

 

$

122,069

 

$

 

Broadcast licenses

 

390,826

 

 

390,826

 

 

Intangible assets subject to amortization (1)

 

18,553

 

(10,185

)

18,963

 

(9,708

)

Total

 

$

531,691

 

$

(10,185

)

$

531,858

 

$

(9,708

)

 

 

(1)

Intangible assets subject to amortization are amortized on a straight line basis and primarily include acquired customer relationships, completed technology, brand names, non-compete agreements, internal-use software, favorable operating leases, retransmission consent agreements and network affiliations.

 

There were no events during the three months ended March 31, 2012 and March 31, 2011 that warranted an interim impairment test of our indefinite-lived intangible assets, including goodwill.

 

LIN Television Corporation
 
Intangible Assets

 

Note 5 — Intangible Assets

 

The following table summarizes the carrying amounts of intangible assets (in thousands):

 

 

 

March 31, 2012

 

December 31, 2011

 

 

 

Gross Carrying
Amount

 

Accumulated
Amortization

 

Gross Carrying
Amount

 

Accumulated
Amortization

 

Goodwill

 

$

122,312

 

$

 

$

122,069

 

$

 

Broadcast licenses

 

390,826

 

 

390,826

 

 

Intangible assets subject to amortization (1)

 

18,553

 

(10,185

)

18,963

 

(9,708

)

Total

 

$

531,691

 

$

(10,185

)

$

531,858

 

$

(9,708

)

 

(1)        Intangible assets subject to amortization are amortized on a straight line basis and primarily include acquired customer relationships, completed technology, brand names, non-compete agreements, internal-use software, favorable operating leases, retransmission consent agreements and network affiliations.

 

There were no events during the three months ended March 31, 2012 and March 31, 2011 that warranted an interim impairment test of our indefinite-lived intangible assets, including goodwill.