Quarterly report pursuant to sections 13 or 15(d)

Other Intangible Assets (Tables)

v2.4.0.6
Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2012
Other Intangible Assets [Abstract]  
Other intangible assets
The following table summarizes information relating to the Company's other intangible assets:

 
 
 
   
September 30, 2012
   
December 31, 2011
 
 
 
Useful
   
Gross
   
 
   
Net
   
Gross
   
 
   
Net
 
 
 
Lives
   
Carrying
   
Accumulated
   
Carrying
   
Carrying
   
Accumulated
   
Carrying
 
 
 
(Years)
   
Amount
   
Amortization
   
Amount
   
Amount
   
Amortization
   
Amount
 
Intangibles (amount in thousands)
 
 
   
 
   
 
   
 
   
 
   
 
   
 
 
Patent
    8-18     $ 448     $ (98 )   $ 350     $ 402     $ (77 )   $ 325  
Software
    3       382       (100 )     282       158       (66 )     92  
Non-compete agreement
    5       265       (49 )     216       265       (9 )     256  
Customer contracts
    0.5       565       (565 )     -       445       (144 )     301  
Customer relationships
    12       3,370       (431 )     2,939       3,370       (86 )     3,284  
Total
          $ 5,030     $ (1,243 )   $ 3,787     $ 4,640     $ (382 )   $ 4,258  

Summary of expected amortization over next five years
The following table summarizes the expected amortization over the next five years for our definite-lived intangible assets noted above and includes the only one definite-lived permit, which is at our DSSI facility.  This permit of approximately $545,000 was capitalized in 2009 in connection with the authorization issued by the U.S. EPA to commercially store and dispose of radioactive PCBs.  This permit is being amortized over a ten year period in accordance with its estimated useful life.

 
 
 
Amount
 
Year
 
 
(In thousands)
 
 
 
 
 
 
2012
(remaining)
  $ 159  
2013
 
    575  
2014
 
    519  
2015
 
    471  
2016
 
    429  
 
 
  $ 2,153