Quarterly report pursuant to Section 13 or 15(d)

Definite-Lived Intangibles (Tables)

v2.4.0.8
Definite-Lived Intangibles (Tables)
 3 Months Ended
Mar. 29, 2014
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Intangible Assets

Intangible assets consisted of the following at March 29, 2014 and December 28, 2013 (in thousands):

 

            March 29, 2014      December 28, 2013  
     Useful
Life		      Gross
Carrying
Amount		      Accumulated
Amortization		     Net
Carrying
Amount		      Gross
Carrying
Amount		      Accum.
Amort. and
Impairment		     Net
Carrying
Amount		  

Intangible assets subject to amortization:

                   

Product design intellectual property (1)

      4 years         2,750         (1,907  )     843         2,750         (1,842 )     908   

Domain and trade names

      10 years         1,199         (525 )      674         1,199         (506 )     693   
     

 

 

     

 

 

    

 

 

     

 

 

     

 

 

    

 

 

  

Total

       $ 3,949       $ (2,432  )   $ 1,517       $ 3,949       $ (2,348 )   $ 1,601   
     

 

 

     

 

 

    

 

 

     

 

 

     

 

 

    

 

 

  

 

(1) During the second quarter of 2013, based on its impairment analysis, the Company changed the estimated useful life for product design and intellectual property from 9 years to 4 years
Summary of Future Estimated Annual Amortization Expense

The following table summarizes the future estimated annual amortization expense for these assets over the next five years (in thousands):

 

2014

    $ 252   

2015

      336   

2016

      336   

2017

      207   

2018

      77   

Thereafter

      309   
  

 

 

  

Total

    $ 1,517