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OTHER INTANGIBLE ASSETS | 12 Months Ended
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Dec. 31, 2013
OTHER INTANGIBLE ASSETS [Abstract] |
OTHER INTANGIBLE ASSETS | (8) OTHER INTANGIBLE ASSETS Other intangible assets which are included in Other long-term assets in the accompanying Consolidated Balance Sheets consisted of the following (amounts in thousands):
|  |  | December 31, 2012 |  |  | Amortization and Impairment |  |  | Acquisitions |  |  | Effect of Foreign Currency |  |  | December 31, 2013
Customer relationships, gross | $ | 46,171 |  | $ | - |  |  | 5,920 |  |  | (1,261) |  | $ | 50,830
Customer relationships - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| accumulated amortization |  | (8,588) |  |  | (5,343) |  |  | - |  |  | 384 |  |  | (13,547)
Other intangible assets, gross |  | 8,021 |  |  | - |  |  | 3,600 |  |  | 13 |  |  | 11,634
Other intangible assets - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| accumulated amortization |  | (1,943) |  |  | (1,875) |  |  | - |  |  | - |  |  | (3,818)
Trade name - indefinite life |  | 10,800 |  |  | (1,087) |  |  | - |  |  | - |  |  | 9,713
| Other intangible assets, net | $ | 54,461 |  | $ | (8,305) |  | $ | 9,520 |  | $ | (864) |  | $ | 54,812
|  |  | December 31, 2011 |  |  | Amortization and Impairment |  |  | Acquisitions |  |  | Effect of Foreign Currency |  |  | December 31, 2012
Customer relationships, gross | $ | 26,753 |  | $ | - |  | $ | 19,390 |  | $ | 28 |  | $ | 46,171
Customer relationships - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| accumulated amortization |  | (5,951) |  |  | (3,015) |  |  | - |  |  | 378 |  |  | (8,588)
Other intangible assets, gross |  | 2,600 |  |  | - |  |  | 5,300 |  |  | 121 |  |  | 8,021
Other intangible assets - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| accumulated amortization |  | (1,225) |  |  | (718) |  |  | - |  |  | - |  |  | (1,943)
Trade name - indefinite life |  | 11,500 |  |  | (1,800) |  |  | 1,100 |  |  | - |  |  | 10,800
| Other intangible assets, net | $ | 33,677 |  | $ | (5,533) |  | $ | 25,790 |  | $ | 527 |  | $ | 54,461
Customer relationships are being amortized over the remaining weighted average useful life of 9.2 years and other intangible assets are being amortized over the remaining weighted average useful life of 3.8 years. Amortization expense related to intangib le assets was $7.2 million, $3.7 million and $3.5 million f or the years ended December 31, 2013, 2012 and 2011, respectively. E xpected future amortization of o ther i ntangible a ssets as of December 31, 2013 is as follows (amounts in thousands):
2014 |  | $ | 8,310
2015 |  |  | 7,790
2016 |  |  | 7,425
2017 |  |  | 6,223
2018 |  |  | 4,338
Thereafter |  |  | 11,013
| Total |  | $ | 45,099
In connection with the reorganization of the Customer Strategy Services segment an interim impairment analysis was completed during the second quarter of 2013. The indefinite-lived intangible asset evaluated for impairment consisted of the PRG trade name. The Company calculated the fair value of the trade name using a relief from royalty method based on forecasted revenues sold under the trade name using significant inputs not observable in the market (Level 3 inputs). The valuation assumptions included an estimated royalty rate of 6.0%, a discount rate specific to the trade name of 38.0% and a perpetuity growth rate of 7.0%. Based on the calculated fair value of $5.3 million, the Company recorded impairment expense of $1.1 million in the three months ended June 30, 2013. The Company reevaluated the PRG trade name for impairment as of December 31, 2013. The Company used the same method to fair value the PRG trade name and similar inputs described above. The forecasted revenues used to fair value the PRG trade name changed resulting in a fair value of $5.7 million. This fair value is approximately 7% higher than the book value of $5.3 million. As a result, the Company will continue to evaluate the PRG trade name for impairment going forward. Definite-lived long-lived assets consisted of fixed assets and an intangible asset related to the PRG customer relationships. The Company determined that the undiscounted future cash flows would be sufficient to cover the net book value of all definite-lived long-lived assets upon reorganization of the Customer Strategy Services segment and as of December 31, 2013.

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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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