| Other Intangible Assets |
6. Other Intangible Assets
The following is a summary of the Company's other intangible assets:
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Gross
Carrying
Amount |
|
Less
Accumulated
Amortization |
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Net
Carrying
Amount |
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December 31, 2013:
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Indefinite-lived intangibles:
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Trademark and tradenames
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|
$ |
60,000 |
|
$ |
— |
|
$ |
60,000 |
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Amortizable intangibles:
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|
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Dealer network
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|
80,000 |
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39,000 |
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|
41,000 |
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Customer relationships
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|
10,820 |
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|
1,404 |
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|
9,416 |
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Patents
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16,436 |
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6,293 |
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|
10,143 |
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Noncompete agreements
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|
5,050 |
|
|
5,050 |
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|
— |
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Trademarks
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|
5,459 |
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|
2,596 |
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|
2,863 |
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License
|
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|
20 |
|
|
20 |
|
|
— |
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Amortizable intangibles, net
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117,785 |
|
|
54,363 |
|
|
63,422 |
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Total
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$ |
177,785 |
|
$ |
54,363 |
|
$ |
123,422 |
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|
Gross
Carrying
Amount |
|
Less
Accumulated
Amortization |
|
Net
Carrying
Amount |
|
|
December 31, 2012:
|
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|
|
|
|
|
|
|
|
|
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Indefinite-lived intangibles:
|
|
|
|
|
|
|
|
|
|
|
|
Trademark and tradenames
|
|
$ |
60,000 |
|
$ |
— |
|
$ |
60,000 |
|
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Amortizable intangibles:
|
|
|
|
|
|
|
|
|
|
|
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Dealer network
|
|
|
80,000 |
|
|
35,000 |
|
|
45,000 |
|
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Customer relationships
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|
|
2,000 |
|
|
956 |
|
|
1,044 |
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Patents
|
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|
15,116 |
|
|
5,491 |
|
|
9,625 |
|
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Noncompete agreements
|
|
|
5,050 |
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|
5,050 |
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|
— |
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|
Trademark—Blizzard
|
|
|
3,100 |
|
|
2,221 |
|
|
879 |
|
|
License
|
|
|
20 |
|
|
20 |
|
|
— |
|
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|
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|
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Amortizable intangibles, net
|
|
|
105,286 |
|
|
48,738 |
|
|
56,548 |
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Total
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$ |
165,286 |
|
$ |
48,738 |
|
$ |
116,548 |
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Amortization expense for intangible assets was $5,625, $5,199 and $5,201 for the years ended December 31, 2013, 2012 and 2011, respectively. Estimated amortization expense for the next five years is as follows:
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2014
|
|
$ |
5,818 |
|
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2015
|
|
|
5,767 |
|
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2016
|
|
|
5,508 |
|
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2017
|
|
|
5,508 |
|
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2018
|
|
|
5,508 |
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The weighted average remaining life for intangible assets is 12.1 years.
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