Cablevision 2011 Annual Report Download - page 164
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COMBINED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
(Dollars in thousands, except per share amounts)
I-40
NOTE 10. INTANGIBLE ASSETS
The following table summarizes information relating to the Company's acquired intangible assets at
December 31, 2011 and 2010:
December 31, Estimated
2011 2010 Useful Lives
Gross carrying amount of other amortizable intangible
assets
Customer relationships ........................................................
.
$ 256,882 $ 256,663 7 to 18 years
Advertiser relationships ......................................................
.
33,294 33,294 4 to 10 years
Other amortizable intangibles .............................................
.
77,738 62,215 3 to 28 years
367,914 352,172
Accumulated amortization
Customer relationships ........................................................
.
(63,783) (16,677)
Advertiser relationships ......................................................
.
(14,656) (10,174)
Other amortizable intangibles .............................................
.
(36,604) (33,177)
(115,043) (60,028)
Other amortizable intangible assets, net of accumulated
amortization ........................................................................
.
$ 252,871 $ 292,144
Indefinite-lived intangible assets
FCC licenses and other intangibles .....................................
.
$ 10,595 $ 10,595
Trademarks ........................................................................
.
45,300 56,300
Other indefinite-lived intangible assets ..............................
.
$ 55,895 $ 66,895
Other amortizable intangible assets, net of accumulated
amortization ........................................................................
.
$ 252,871 $ 292,144
Indefinite-lived cable television franchises ............................
.
1,240,228 1,240,228
Other indefinite-lived intangible assets ..................................
.
55,895 66,895
Goodwill .................................................................................
.
442,773 442,067
Total intangible assets, net ......................................................
.
$1,991,767 $2,041,334
Aggregate amortization expense
Years ended December 31, 2011 and 2010 (excluding
impairment charges of $11,000 and $7,800,
respectively) ....................................................................
.
$ 58,571 $ 19,542
Estimated amortization expense
Year ending December 31, 2012 ............................................
.
$ 53,008
Year ending December 31, 2013 ............................................
.
45,344
Year ending December 31, 2014 ............................................
.
38,083
Year ending December 31, 2015 ............................................
.
32,468
Year ending December 31, 2016 ............................................
.
26,980