CompUSA 2011 Annual Report Download - page 46

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Definite-lived intangible assets:
The following table summarizes information related to definite-lived intangible assets (in thousands):
Property, plant and equipment, net consist of the following (in thousands):
Table of Contents
2.
GOODWILL AND INTANGIBLES
Goodwill
:
The following table provides information related to the carrying value of goodwill (in thousands):
December 31,
December 31,
2011
2010
Balance January 1
$
3,280
$
930
Deferred tax adjustment
-
1,350
Adjustments to finalize purchase price allocation
-
1,000
Balance December 31
$
3,280
$
3,280
Indefinite
-
lived intangible assets:
The
following table summarizes information related to indefinite
-
lived intangible assets (in thousands):
December 31,
December 31,
2011
2010
Gross Carrying
Amount
Gross Carrying
Amount
Trademarks
$
24,082
$
24,082
Domain names
14,739
14,739
Total
$
38,821
$
38,821
December 31,
December 31,
2011
2010
Gross Carrying
A
mount
Accumulated
Amortization
Gross Carrying
Amount
Accumulated
Amortization
Retail store leases
$
3,410
$
1,012
$
3,410
$
748
Client lists
5,938
3,141
5,938
1,996
Technology
1,000
458
1,000
$
232
Total
$
10,348
$
4,611
$
10,348
$
2,976
The aggregate amortization expense for these intangibles was approximately $1.6 million in 2011. The estimated amortization for future years
ending December 31 is as follows (in thousands):
2012
$ 1,582
2013
1,577
2014
972
2015 and after
1,606
Total
$
5,737
3.
PROPERTY, PLANT AND EQUIPMENT
December 31,
2011
2010
Land and buildings
$
27,691
$
27,844
Furniture and fixtures, office, computer and other equipment and software
131,635
130,022
Leasehold improvements
27,175
23,944
186,501
181,810
Less accumulated depreciation and amortization
115,802
108,045
Property, plant and equipment, net
$
70,699
$
73,765
44