WeightWatchers 2008 Annual Report Download - page 78

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WEIGHT WATCHERS INTERNATIONAL, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)
Aggregate amortization expense for finite lived intangible assets was recorded in the amounts of $11,167,
$8,335 and $5,025 for the fiscal years ended January 3, 2009, December 29, 2007 and December 30, 2006,
respectively.
The carrying amount of finite lived intangible assets as of January 3, 2009 and December 29, 2007 was as
follows:
January 3, 2009 December 29, 2007
Gross
Carrying
Amount
Accumulated
Amortization
Gross
Carrying
Amount
Accumulated
Amortization
Capitalized software costs .............................. $39,027 $17,408 $30,707 $11,663
Trademarks .......................................... 9,287 8,233 8,540 7,937
Website development costs ............................. 25,847 15,995 19,970 11,673
Other ............................................... 5,741 4,735 5,741 4,650
$79,902 $46,371 $64,958 $35,923
Estimated amortization expense of existing finite lived intangible assets for the next five fiscal years is as
follows:
2009 ............................................................. $11,683
2010 ............................................................. $ 9,511
2011 ............................................................. $ 6,974
2012 ............................................................. $ 2,503
2013 ............................................................. $ 238
6. Property and Equipment
The components of property and equipment were:
January 3,
2009
December 29,
2007
Leasehold improvements ........................................ $14,715 $ 14,869
Equipment ................................................... 69,828 61,356
84,543 76,225
Less: Accumulated depreciation and amortization .................... (47,035) (40,069)
$ 37,508 $ 36,156
Depreciation and amortization expense of property and equipment for the fiscal years ended January 3,
2009, December 29, 2007 and December 30, 2006 was $13,352, $10,698 and $8,326, respectively.
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