ServiceMagic 2011 Annual Report Download - page 87

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IAC/INTERACTIVECORP AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
NOTE 6—GOODWILL AND INTANGIBLE ASSETS (Continued)
accumulated impairment losses of $916.9 million and $11.6 million at IAC Search & Media and Connected Ventures, respectively.
Intangible assets with indefinite lives are trade names and trademarks acquired in various acquisitions. At December 31, 2011, intangible
assets with definite lives are as follows:
At December 31, 2010, intangible assets with definite lives are as follows:
At December 31, 2011, amortization of intangible assets with definite lives for each of the next five years is estimated to be as follows:
81
Cost
Accumulated
Amortization
Net
Weighted
-
Average
Amortization
Life (Years)
(In thousands)
Customer lists
$
18,050
$
(8,837
)
$
9,213
1.0
Technology
16,145
(3,858
)
12,287
2.2
Supplier agreements
8,946
(5,298
)
3,648
6.4
Other
6,063
(4,592
)
1,471
3.4
Total
$
49,204
$
(22,585
)
$
26,619
2.6
Cost
Accumulated
Amortization
Net
Weighted-Average
Amortization
Life (Years)
(In thousands)
Supplier agreements
$
7,100
$
(4,668
)
$
2,432
6.7
Customer lists
5,534
(5,298
)
236
1.3
Technology
3,100
(1,817
)
1,283
3.0
Other
8,871
(4,799
)
4,072
4.2
Total
$
24,605
$
(16,582
)
$
8,023
4.1
Years Ending December 31,
(In thousands)
2012
$
18,712
2013
6,176
2014
669
2015
607
2016
455
$
26,619