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Intangible and Other Assets
12 Months Ended
Dec. 31, 2012
Intangible and Other Assets  
Intangible and Other Assets

6.  Intangible and Other Assets

 

Intangible and other assets consisted of the following (in thousands):

 

 

 

December 31,

 

 

 

2012

 

2011

 

Deferred debt issuance costs, net

 

$

18,348

 

$

24,581

 

Intangible assets, net

 

84,993

 

134,967

 

Deferred taxes

 

31,102

 

21,779

 

Other

 

40,405

 

41,524

 

Intangibles and other assets, net

 

$

174,848

 

$

222,851

 

 

Intangible assets and deferred debt issuance costs consisted of the following (in thousands):

 

 

 

December 31, 2012

 

December 31, 2011

 

 

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Deferred debt issuance costs

 

$

44,112

 

$

(25,764

)

$

44,141

 

$

(19,560

)

Marketing related (5-20 year life)

 

3,060

 

(1,675

)

3,043

 

(1,400

)

Customer- related (10-20 year life)

 

164,562

 

(86,605

)

169,282

 

(73,566

)

Technology based (20 year life)

 

4,375

 

(3,561

)

32,275

 

(6,747

)

Contract based (2-11 year life)

 

55,776

 

(50,939

)

64,465

 

(52,385

)

Intangible assets and deferred debt issuance costs

 

$

271,885

 

$

(168,544

)

$

313,206

 

$

(153,658

)

 

Amortization of deferred financing costs totaled $7.2 million, $8.9 million and $5.3 million in 2012, 2011 and 2010, respectively, and is recorded to interest expense in our consolidated statements of operations. Amortization of intangible assets totaled $20.8 million, $24.0 million and $27.5 million in 2012, 2011 and 2010, respectively. During 2012, we recorded an impairment of intangible assets of $29.1 million related to our contract water treatment business (see Note 13).

 

Estimated future intangible amortization expense is as follows (in thousands):

 

2013

 

$

14,914

 

2014

 

12,381

 

2015

 

10,483

 

2016

 

8,987

 

2017

 

7,321

 

Thereafter

 

30,907

 

 

 

$

84,993