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INTANGIBLE ASSETS | 9 Months Ended
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Sep. 30, 2015
INTANGIBLE ASSETS | NOTE D — INTANGIBLE ASSETS Intangible assets consist of the following (in thousands):
|  | September 30, 2015 |  |  | December 31, 2014 |
|  | Gross |  |  | Accumulated Amortization |  |  | Net |  |  | Gross |  |  | Accumulated Amortization |  |  | Net |
Goodwill |  | $ | 18,101 |  |  | $ | — |  |  | $ | 18,101 |  |  | $ | 18,101 |  |  | $ | — |  |  | $ | 18,101 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade names |  |  | 7,616 |  |  |  | — |  |  |  | 7,616 |  |  |  | 7,616 |  |  |  | — |  |  |  | 7,616 |
Finite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Licenses |  |  | 15,847 |  |  |  | (8,349 | ) |  |  | 7,498 |  |  |  | 15,847 |  |  |  | (8,007 | ) |  |  | 7,840 |
Trade names |  |  | 29,724 |  |  |  | (6,245 | ) |  |  | 23,479 |  |  |  | 29,768 |  |  |  | (4,568 | ) |  |  | 25,200 |
Customer relationships |  |  | 50,823 |  |  |  | (9,793 | ) |  |  | 41,030 |  |  |  | 50,823 |  |  |  | (6,754 | ) |  |  | 44,069 |
Other |  |  | 1,202 |  |  |  | (583 | ) |  |  | 619 |  |  |  | 1,202 |  |  |  | (431 | ) |  |  | 771 |
Total |  | $ | 123,313 |  |  | $ | (24,970 | ) |  | $ | 98,343 |  |  | $ | 123,357 |  |  | $ | (19,760 | ) |  | $ | 103,597 |
The Company performed its annual impairment test for its indefinite-lived trade names as of October 1, 2015. The Company elected to first perform a qualitative assessment to determine if it is more likely than not that the fair value of the Company’s indefinite-lived trade names are less than the carrying values. The Company considered events and circumstances that could affect the significant inputs used to determine the fair value of the indefinite-lived trade names. Based on the qualitative assessment the Company determined it is not more likely than not that the fair values of the Company’s indefinite-lived trade names are less than the carrying values. The October 1, 2014 impairment test involved a quantitative assessment of the fair market values of the Company’s indefinite-lived trade names based on Level 3 unobservable inputs, using a relief from royalty approach, assuming a discount rate of 14.0% to 15.5% and an average long term growth rate of 2.5% to 3%. In the three and nine month periods ended September 30, 2014, the Company recorded an impairment charge of $3.4 million, related to the Company’s home décor trade names. As part of this analysis of indefinite-lived trade names it was determined that certain of the Company’s trade names, previously estimated to contribute to cash flows indefinitely, have definite lives. Accordingly, these trade names were reclassified from indefinite-lived or unamortizable intangible assets to finite lived or amortizable intangible assets as of October 1, 2014. The remaining useful lives of these trade names is 10 to 15 years.

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