CompUSA 2012 Annual Report Download - page 52

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For the year ended December 31, 2012, the Company incurred one-time impairment charges related to indefinite-lived intangible assets
of approximately $33.4 million. This impairment charge was recorded in the Consolidated Statements of Operations as special charges
within the Technology Products segment.
Definite-lived intangible assets:
The following table summarizes information related to definite-lived intangible assets (in millions):
The aggregate amortization expense for these intangibles was approximately $1.4 million in 2012. The estimated amortization for future
years ending December 31 is as follows (in millions):
Property, plant and equipment, net consist of the following (in millions):
Included in property, plant and equipment are assets under capital leases, as follows (in thousands):
Depreciation charged to operations for property, plant and equipment including capital leases in 2012, 2011, and 2010 was $16.6 million,
$15.9 million and $12.9 million, respectively.
Table of Contents
December 31,
December 31,
2012
2011
Gross Carrying
Amount
Accumulated
Amortization
Gross Carrying
Amount
Accumulated
Amortization
Retail store leases
$
3.4
$
1.3
$
3.4
$
1.0
Client lists
2.6
1.7
5.9
3.1
Technology
1.0
0.7
1.0
.5
Total
$
7.0
$
3.7
$
10.3
$
4.6
For the year ended December 31, 2012, the Company incurred one-time impairment charges related to definite-
lived intangible assets of
approximately $1.0 million. This impairment charge was recorded in the Consolidated Statements of Operations as special charges
within the Technology Products segment
2013
$
1.0
2014
0.8
2015
0.3
2016 and after
1.2
Total
$
3.3
3.
PROPERTY, PLANT AND EQUIPMENT
December 31,
2012
2011
Land and buildings
$
19.4
$
27.7
Furniture and fixtures, office, computer and other equipment and software
133.1
131.6
Leasehold improvements
30.6
27.2
183.1
186.5
Less accumulated depreciation and amortization
120.1
115.8
Property, plant and equipment, net
$
63.0
$
70.7
2012
2011
Furniture and fixtures, office, computer and other equipment
$
17.4
$
17.2
Less: Accumulated amortization
9.4
7.8
$
8.0
$
9.4
49