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OFFICE DEPOT, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Estimated future amortization expense for the next five years related to capitalized software at December 29, 2012 is as follows:
The weighted average amortization period for the remaining capitalized software is 3.6 years.
In 2010, the Company recognized a $51.3 million asset impairment associated with the abandonment of a certain capitalized software
application. This asset impairment is included in Asset impairments in the Consolidated Statement of Operations.
NOTE D – GOODWILL AND OTHER INTANGIBLE ASSETS
Goodwill
The components of goodwill by segment are provided in the following table:
Refer to Note I for additional discussion of the 2012 goodwill valuation considerations.
64
(In millions)
2013
$49.4
2014
47.8
2015
43.4
2016
18.7
2017
6.3
Thereafter
0.1
(In thousands)
North
American
Retail
Division
North
American
Business
Solutions
Division
International
Division Total
Goodwill
$1,842
$367,790
$863,134
$1,232,766
Accumulated im
p
airment losses
(1,842)
(348,359)
(863,134)
(1,213,335)
Balance as of December 25, 2010
—
19,431
—
19,431
Goodwill
1,842
367,790
863,134
1,232,766
Accumulated im
p
airment losses
(1,842)
(348,359)
(863,134)
(1,213,335)
Goodwill ac
q
uired durin
g
the
y
ear
__
__
45,805
45,805
Forei
g
n currenc
y
rate im
p
act
__
__
(3,337)
(3,337)
Balance as of December 31, 2011
—
19,431
42,468
61,899
Goodwill
1,842
367,790
905,60
2
1,275,234
Accumulated im
p
airment losses
(1,842)
(348,359)
(863,134)
(1,213,335)
Forei
g
n currenc
y
rate im
p
act
—
_
_
2,413
2,413
Balance as of December 29, 2012
$
—
$19,431
$ 44,881
$ 64,312