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Amortizable Intangible Assets
6 Months Ended
Jun. 30, 2011
Amortizable Intangible Assets  
Amortizable Intangible Assets

NOTE 7· Amortizable Intangible Assets

Amortizable intangible assets at June 30, 2011 and December 31, 2010 consisted of the following:

 

    June 30, 2011     December 31, 2010  
(in thousands)   Gross
Carrying
Value
    Accumulated
Amortization
    Net
Carrying
Value
    Weighted
Average
Life
(years)
    Gross
Carrying
Value
    Accumulated
Amortization
    Net
Carrying
Value
    Weighted
Average
Life
(years)
 

Purchased customer accounts

  $ 841,873      $ (354,864   $ 487,009        14.9      $ 811,143      $ (330,627   $ 480,516        14.9   

Non-compete agreements

    25,108        (23,750     1,358        7.2        25,181        (23,797     1,384        7.3   
                                                   

Total

  $ 866,981      $ (378,614   $ 488,367        $ 836,324      $ (354,424   $ 481,900     
                                                   

Amortization expense for other amortizable intangible assets for the years ending December 31, 2011, 2012, 2013, 2014 and 2015 is estimated to be $54,274,000, $53,988,000, $53,087,000, $51,931,000, and $50,598,000, respectively.