INTANGIBLE ASSETS

9 Months Ended

Sep. 30, 2012

INTANGIBLE ASSETS

INTANGIBLE ASSETS

NOTE 6—INTANGIBLE ASSETS

        Intangible assets consist of the following, in millions:

	September 30, 2012
	Gross Intangible Assets		Accumulated Amortization		Net Intangible Assets		Weighted Average Life (In Years)
Non-amortizable intangibles
Trade name	$	11.4	$	—	$	11.4
Amortizable intangibles
Product technology		5.6		2.6		3.0		7
Customer relationships		5.3		4.5		0.8		7
Other		6.3		5.5		0.8		17
Subtotal		17.2		12.6		4.6		11
Total	$	28.6	$	12.6	$	16.0

	January 1, 2012
	Gross Intangible Assets		Accumulated Amortization		Net Intangible Assets		Weighted Average Life (In Years)
Non-amortizable intangibles
Trade name	$	11.4	$	—	$	11.4
Amortizable intangibles
Product technology		5.6		2.0		3.6		7
Customer relationships		5.3		3.9		1.4		7
Other		6.3		5.3		1.0		17
Subtotal		17.2		11.2		6.0		11
Total	$	28.6	$	11.2	$	17.4

        In accordance with ASC 350, "Intangibles—Goodwill and Other," the Company reviews its indefinite-lived intangible assets for impairment annually at the end of each fiscal August, or more often if events or circumstances indicate that impairment may have occurred. In addition to the testing above, management considers whether certain impairment indicators are present in assessing whether the carrying value of its indefinite-lived intangible assets may be impaired.

        Total amortization expense for each of the nine months ended September 30, 2012 and October 2, 2011 was $1.4 million and $1.6 million, respectively. Of the $1.4 million of expense recorded during the nine months ended September 30, 2012, $1.2 million was recorded as amortization of intangibles and $0.2 million recorded as cost of goods sold. Of the $1.6 million of expense recorded during the nine months ended October 2, 2011, $1.4 million was recorded as amortization of intangibles and $0.2 million recorded as cost of goods sold. Total amortization expense for the three months ended September 30, 2012 was $0.5 million. Of the $0.5 million of expense recorded during the three months ended September 30, 2012, $0.4 million was recorded as amortization of intangibles and $0.1 million was recorded as cost of goods sold. Total amortization expense for the three months ended October 2, 2011 was $0.6 million. Of the $0.6 million of expense recorded during the three months ended October 2, 2011, $0.5 million was recorded as amortization of intangibles and $0.1 million recorded as cost of goods sold.

        Estimated amortization expense related to amortizable intangibles for 2012 through 2016 is as follows, in millions:

Year Ending December 31,	Amortization Expense
2012 (three months)	$	0.5
2013		1.8
2014		1.1
2015		0.9
2016		0.3
Total	$	4.6