5. Other Intangible Assets
The following table summarizes information relating to the Company's other intangible assets:
| |
|
|
|
|
March 31, 2013 |
|
|
|
|
|
December 31, 2012 |
|
|
|
|
| |
|
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 |
|
|
$ |
453 |
|
|
$ |
(119 |
) |
|
$ |
334 |
|
|
$ |
453 |
|
|
$ |
(105 |
) |
|
$ |
348 |
|
Software |
|
|
3 |
|
|
|
380 |
|
|
|
(172 |
) |
|
|
208 |
|
|
|
380 |
|
|
|
(145 |
) |
|
|
235 |
|
Non-compete agreement |
|
|
5 |
|
|
|
265 |
|
|
|
(75 |
) |
|
|
190 |
|
|
|
265 |
|
|
|
(62 |
) |
|
|
203 |
|
Customer contracts |
|
|
0.5 |
|
|
|
790 |
|
|
|
(790 |
) |
|
|
¾ |
|
|
|
790 |
|
|
|
(790 |
) |
|
|
¾ |
|
Customer relationships |
|
|
12 |
|
|
|
3,370 |
|
|
|
(643 |
) |
|
|
2,727 |
|
|
|
3,370 |
|
|
|
(546 |
) |
|
|
2,824 |
|
Total |
|
|
|
|
|
$ |
5,258 |
|
|
$ |
(1,799 |
) |
|
$ |
3,459 |
|
|
$ |
5,258 |
|
|
$ |
(1,648 |
) |
|
$ |
3,610 |
|
The intangible assets acquired are amortized on a straight-line basis over their useful lives with the exception of customer relationships which are being amortized using an accelerated method.
The following table summarizes the expected amortization over the next five years for our definite-lived intangible assets noted above and also includes the only definite-lived permit, which is at our Diversified Scientific Services, Inc. ("DSSI") subsidiary: |
| |
|
Amount |
|
Year |
|
(In thousands) |
|
| |
|
|
|
2013 (remaining)
|
|
$ |
506 |
|
2014 |
|
|
590 |
|
2015 |
|
|
507 |
|
2016 |
|
|
429 |
|
2017 |
|
|
355 |
|
| |
|
$ |
2,387 |
|
Amortization expense relating to intangible assets for the Company was $164,000 and $174,000 for the three months ended March 31, 2013 and 2012, respectively.
|