Circuit City 2010 Annual Report Download - page 44
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Goodwill :
Definite-lived intangible assets:
The following table summarizes information related to definite-lived intangible assets (in thousands):
2.
GOODWILL AND INTANGIBLES
The following table provides information related to the carrying value of goodwill (in thousands):
2010
Balance January 1
$
930
Deferred tax adjustment
1,350
Adjustments to finalize purchase price allocation
1,000
Balance December 31
$
3,280
Indefinite
-
lived intangible assets:
The
following table summarizes information related to indefinite
-
lived intangible assets (in thousands):
December 31,
December 31,
2010
2009
Gross Carrying
Amount
Gross Carrying
Amount
Trademarks
$
24,082
$
23,226
Domain names
14,739
14,739
Total
$
38,821
$
37,965
December 31,
December 31,
2010
2009
Gross Carrying
Amount
Accumulated
Amortization
Gross Carrying
Amount
Accumulated
Amortization
Retail store leases
$
3,410
$
748
$
3,410
$
484
Client lists
5,938
1,996
6,368
843
Technology
1,000
232
806
$
25
Total
$
10,348
$
2,976
$
10,584
$
1,352
The aggregate amortization expense for these intangibles was approximately $1.6 million in 2010. The estimated amortization for future
years ending December 31 is as follows (in thousands):
2011
$
1,654
2012
1,643
2013
1,639
2014 and after
2,436
Total
$
7,372
40