CompUSA 2010 Annual Report Download - page 91

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40
2. GOODWILL AND INTANGIBLES
Goodwill:
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
Definite-lived intangible assets:
The following table summarizes information related to definite-lived intangible assets (in thousands):
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 1,0
00
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