Redbox 2011 Annual Report Download - page 72
Download and view the complete annual report
Please find page 72 of the 2011 Redbox annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62 -
63 -
64 -
65 -
66 -
67 -
68 -
69 -
70 -
71 -
72 -
73 -
74 -
75 -
76 -
77 -
78 -
79 -
80 -
81 -
82 -
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
 |
 |
Other Intangible Assets
The gross amount of our other intangible assets and the related accumulated amortization were as follows:
Dollars in thousands Amortization
Period
December 31,
2011 2010
Retailer relationships ................................ 5and6years $13,344 $13,344
Accumulated amortization ............................ (7,062) (4,606)
6,282 8,738
Other ............................................. 5and40years 1,890 1,890
Accumulated amortization ............................ (1,339) (1,056)
551 834
Intangible assets, net ................................ $ 6,833 $ 9,572
Amortization expense was as follows:
Dollars in thousands Year Ended December 31,
2011 2010 2009
Retailer relationships ........................................ $2,457 $3,022 $3,275
Other ..................................................... 283 283 288
Total amortization of intangible assets ...................... $2,740 $3,305 $3,563
Expected future amortization is as follows:
Dollars in thousands Relationships Other
2012 ................................................... $2,457 $ 81
2013 ................................................... 2,250 14
2014 ................................................... 1,432 14
2015 ................................................... 12 14
2016 ................................................... 12 14
Thereafter ............................................... 119 414
Total expected amortization ............................. $6,282 $551
NOTE 7: OTHER ACCRUED LIABILITIES
Other accrued liabilities consist of the followings:
Dollars in thousands December 31,
2011 2010
Payroll related expenses .................................. $ 37,498 $ 29,931
Procurement cost for content library ......................... 36,031 21,801
Business taxes .......................................... 21,613 16,339
Interest expense ......................................... 6,192 5,901
Service contract provider expenses .......................... 6,525 5,365
Insurance .............................................. 4,172 5,172
Deferred rent expense .................................... 3,794 4,399
Income tax payable ...................................... 2,876 2,262
Professional fees ........................................ 4,816 2,176
Other ................................................. 25,479 15,076
Total other accrued liabilities .......................... $148,996 $108,422
64