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Trademarks, Licenses and Other Intangible Assets | 12 Months Ended
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Dec. 31, 2011
Trademarks, Licenses and Other Intangible Assets |
| (7) | Trademarks, Licenses and Other Intangible Assets
2011 |  | Gross |  |  | Accumulated |  |  | Net Book |
|  | Amount |  |  | Amortization |  |  | Value |
Trademarks (indefinite lives) |  | $ | 6,590 |  |  | $ | — |  |  | $ | 6,590 |
Trademarks (finite lives) |  |  | 50,127 |  |  |  | 151 |  |  |  | 49,976 |
Licenses (finite lives) |  |  | 70,109 |  |  |  | 23,289 |  |  |  | 46,820 |
Other intangible assets (finite lives) |  |  | 13,953 |  |  |  | 11,589 |  |  |  | 2,364 |
Subtotal |  |  | 134,189 |  |  |  | 35,029 |  |  |  | 99,160 |
Total |  | $ | 140,779 |  |  | $ | 35,029 |  |  | $ | 105,750 |
2010 |  | Gross |  |  | Accumulated |  |  | Net Book |
|  | Amount |  |  | Amortization |  |  | Value |
Trademarks (indefinite lives) |  | $ | 6,671 |  |  | $ | — |  |  | $ | 6,671 |
Trademarks (finite lives) |  |  | 51,680 |  |  |  | 134 |  |  |  | 51,546 |
Licenses (finite lives) |  |  | 70,250 |  |  |  | 18,881 |  |  |  | 51,369 |
Other intangible assets (finite lives) |  |  | 13,220 |  |  |  | 11,404 |  |  |  | 1,816 |
Subtotal |  |  | 135,150 |  |  |  | 30,419 |  |  |  | 104,731 |
Total |  | $ | 141,821 |  |  | $ | 30,419 |  |  | $ | 111,402 |
In 2009, an impairment charge relating to the Nickel trademark in the amount of $0.54 million was recorded. No other impairment charges for trademarks with indefinite useful lives were required in 2011, 2010 and 2009. Amortization expense was $7.9 million, $5.7 million and $6.7 million for 2011, 2010 and 2009, respectively. Amortization expense is expected to approximate $6.8 million in 2012 and 2013, $6.4 million in 2014 and $5.9 million in 2015 and 2016. The weighted average amortization period for trademarks, licenses and other intangible assets with finite lives are 18 years, 12 years and 2 years, respectively, and 13 years in the aggregate. Trademarks (finite lives) primarily represents Lanvin brand names and trademarks and in connection with their purchase, Lanvin was granted the right to repurchase the brand names and trademarks in 2025 for the greater of €70 million (approximately $91 million) or one times the average of the annual sales for the years ending December 31, 2023 and 2024 (residual value). Because the residual value of the intangible asset exceeds its carrying value, the asset is not amortized.

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6905858&loc=d3e16373-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 44, 45, 46 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6905858&loc=d3e16323-109275 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6905858&loc=d3e16265-109275 + Details
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