Cash America 2012 Annual Report Download - page 150

CASH AMERICA INTERNATIONAL, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
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Amortization
Amortization expense for acquired intangible assets was $9.5 million, $6.3 million and $4.8 million for the
years ended December 31, 2012, 2011 and 2010, respectively.
Estimated future amortization expense for the years ended December 31, is as follows (dollars in thousands):
Year Amount
2013 $ 4,746
2014 3,511
2015 3,318
2016 2,976
2017 2,391

Indefinite-Lived Intangible Assets

As of December 31, 2012 and 2011, licenses of $9.7 million obtained in conjunction with acquisitions were
not amortized. As of December 31, 2012 and 2011, trademarks of $5.3 million and $7.7 million, respectively, obtained
in conjunction with acquisitions were not amortized. Costs to renew licenses with indefinite lives are recorded in
“Operations and administration expenses” in the consolidated statements of income.

11. Accounts Payable and Accrued Expenses
Accounts payable and accrued expenses as of December 31, 2012 and 2011, were as follows (dollars in
thousands):
As of December 31,
2012 2011
Trade accounts payable $ 35,380 $ 36,710
Accrued taxes, other than income taxes 5,847 5,568
Accrued payroll and fringe benefits 40,036 40,412
Accrued interest payable 3,030 1,957
Accrual for consumer loan payments rejected for non-sufficient funds 10,134 10,224
Liability for losses on third-party lender-owned consumer loans 3,498 3,062
Ohio Reimbursements(a) 13,400 -
Other accrued liabilities 15,339 15,180
Total $ 126,664 $ 113,113
.
(
a
)
See Note 15 for further discussion of the Ohio Reimbursements (as defined in Note 15).
12. Marketing Expenses
Marketing expenses, excluding lead purchase costs, were $72.2 million, $41.2 million and $30.1 million,
respectively, and lead purchase expense was $49.7 million, $43.2 million and $40.5 million, respectively, for the years
ended December 31, 2012, 2011 and 2010. See Note 2.