XML 30 R10.htm IDEA: XBRL DOCUMENT v2.4.0.6
INTANGIBLE ASSETS
3 Months Ended
Mar. 30, 2012
INTANGIBLE ASSETS
NOTE 5:
INTANGIBLE ASSETS

The following table presents our purchased intangible assets other than goodwill (in millions):
 
March 30, 2012
 
December 30, 2011
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
Amortizable intangible assets (1):
 
 
 
 
 
 
 
 
 
 
 
Customer relationships
$
19.1

 
$
(8.8
)
 
$
10.3

 
$
19.1

 
$
(8.3
)
 
$
10.8

Trade name/trademarks
3.3

 
(1.4
)
 
1.9

 
3.3

 
(1.3
)
 
2.0

Non-compete agreements
2.5

 
(1.8
)
 
0.7

 
2.5

 
(1.7
)
 
0.8

 
$
24.9

 
$
(12.0
)
 
$
12.9

 
$
24.9

 
$
(11.3
)
 
$
13.6

Indefinite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
     Trade name/trademarks
$
5.8

 
$

 
$
5.8

 
$
5.8

 
$

 
$
5.8

____________________
(1)Excludes assets that are fully amortized.

Amortization of our definite-lived assets was $0.8 million for both the thirteen weeks ended March 30, 2012 and April 1, 2011.

The following table provides the estimated future amortization of definite-lived intangible assets at March 30, 2012 for the next five years and thereafter (in millions):
Remainder of 2012
$
2.3

2013
2.7

2014
2.7

2015
2.6

2016
2.3

Thereafter
0.3

 
$
12.9

 
We noted no significant indicators of impairment and accordingly did not perform an interim impairment test of our goodwill and indefinite-lived intangibles assets during the thirteen weeks ended March 30, 2012.