INTANGIBLE ASSETS

3 Months Ended

Mar. 31, 2013

INTANGIBLE ASSETS

INTANGIBLE ASSETS

NOTE 6—INTANGIBLE ASSETS

        Intangible assets consist of the following (in millions):

	March 31, 2013
	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		3.1		2.5		7
Customer relationships		5.3		4.8		0.5		7
Other		6.3		5.7		0.6		17
Subtotal		17.2		13.6		3.6
Total	$	28.6	$	13.6	$	15.0

	December 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		5.7		2.9		2.8		7
Customer relationships		5.4		4.8		0.6		7
Other		6.3		5.6		0.7		17
Subtotal		17.4		13.3		4.1
Total	$	28.8	$	13.3	$	15.5

        In accordance with ASC 350, the Company reviews indefinite-lived intangible assets for impairment annually at the end of its August fiscal month, or more often if events or circumstances indicate that impairment may have occurred. In addition, management considers whether certain impairment indicators are present in assessing whether the carrying value of intangible assets may be impaired. No impairment charges were recorded in the three months ended March 31, 2013 and April 1, 2012.

        Amortization expense for each of the three-month periods ended March 31, 2013 and April 1, 2012 was $0.5 million, of which $0.4 million was included in amortization of intangible assets and $0.1 million was included in cost of goods sold in the accompanying consolidated condensed statements of operations, respectively.

        Estimated future amortization expense is as follows (in millions):

Year Ending December 31,	Amortization Expense
2013 (nine months)	$	1.3
2014		1.1
2015		0.9
2016		0.3
Total	$	3.6