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Note S - Goodwill and Intangible Assets
 3 Months Ended
Mar. 31, 2012
Goodwill and Intangible Assets Disclosure [Text Block]

Note S – Goodwill and Intangible Assets


The following is a summary of the carrying amount of goodwill by segment as of March 31, 2012:


    Wholesale              Net Carrying   
      Footwear       Accessories       Retail       Amount  
                                 
Balance at January 1, 2012   $ 20,939     $ 49,155     $ 5,501     $ 75,595  
Purchase accounting adjustment     6,585                     6,585   
Acquisition of SM Canada     3,800       —       —       3,800  
                                 
Balance at March 31, 2012   $ 31,324     $ 49,155     $ 5,501     $ 85,980  

The following table details identifiable intangible assets as of March 31, 2012:


    Estimated Lives     Cost Basis     Accumulated Amortization     Net Carrying Amount  
                         
Trade names     6–10 years     $ 8,636     $ 1,392     $ 7,244  
Customer relationships     10 years       27,234       5,570       21,664  
License agreements     3–6 years       5,600       5,600       —  
Non-compete agreement     5 years       2,440       1,280       1,160  
Other     3 years       14       14       —  
            43,924       13,856       30,068   
Re-acquired right     indefinite       35,200       —       35,200  
Trademarks     indefinite       72,842       —       72,842  
        $ 151,966     $ 13,856     $ 138,110  

The estimated future amortization expense of purchased intangibles as of March 31, 2012 is as follows:


2012 (remaining nine months)   $  2,854  
2013     3,756  
2014     3,689  
2015     3,505  
2016     3,200  
Thereafter     13,064  
    $ 30,068