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Other Intangible Assets | 6 Months Ended
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Jun. 30, 2013
Goodwill And Intangible Assets Disclosure [Abstract] |
Other Intangible Assets | NOTE 5—OTHER INTANGIBLE ASSETS The following table summarizes the other intangible assets movement year on year:
|  | Six Months Ended June 30 |
(in millions) |  | 2013 |  |  | 2012 |
Gross cost at January 1 |  | $ | 106.2 |  |  | $ | 51.2 |
Capitalization of internally developed software and other costs |  |  | 3.8 |  |  |  | 3.5 |
Exchange effect |  |  | 0.0 |  |  |  | 0.0 |
Gross cost at June 30 |  |  | 110.0 |  |  |  | 54.7 |
Accumulated amortization at January 1 |  |  | (37.6 | ) |  |  | (33.5 | )
Amortization expense |  |  | (4.2 | ) |  |  | (2.0 | )
Exchange effect |  |  | (0.1 | ) |  |  | (0.1 | )
Accumulated amortization at June 30 |  |  | (41.9 | ) |  |  | (35.6 | )
Net book amount at June 30 |  | $ | 68.1 |  |  | $ | 19.1 |
Strata On December 24, 2012, the Company acquired 100% of the voting equity interests in Strata. The purchase price allocation and related valuation process is complete. We have allocated $48.0 million of the purchase price to other intangible assets which we are amortizing on a straight-line basis to the income statement over a weighted average expected life of 13.1 years. These intangible assets comprise the following:
• |  | technology ($18.3 million) being amortized straight-line over 16.5 years. In the first six months of 2013 amortization expense of $0.6 million was recognized in cost of goods sold (2012—$0.0 million).
• |  | customer relationships ($28.2 million) and a non-compete agreement ($1.5 million) being amortized straight-line over 11.5 years and 2.0 years, respectively. In the first six months of 2013 amortization expenses of $1.2 million and $0.4 million were recognized in selling, general and administrative expenses, respectively (2012—$0.0 million and $0.0 million, respectively).
Internally developed software and other costs We are continuing with the implementation of a new, company-wide, information system platform. At June 30, 2013, we had capitalized $13.9 million (2012—$6.6 million) in relation to this internally developed software. No amortization expense was recognized in the first six months of 2013 (2012—$0.0 million). Others The remaining intangible assets of $48.1 million relate to those recognized in the acquisition accounting in respect of technology, customer relationships and patents; and sales and marketing agreements to market and sell tetra ethyl lead (“TEL”). These assets are being amortized straight-line over periods of up to 13 years. In the first six months of 2013 amortization expenses of $1.2 million and $0.8 million were recognized in cost of goods sold and selling, general and administrative expenses, respectively (2012—$1.2 million and $0.8 million, respectively).

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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 2 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 Reference 2: 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=26713463&loc=d3e16373-109275 Reference 3: 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=26713463&loc=d3e16265-109275 + Details
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