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GOODWILL, BRANDS, AND OTHER INTANGIBLE ASSETS, NET (Tables)
12 Months Ended
Dec. 31, 2013
GOODWILL, BRANDS, AND OTHER INTANGIBLE ASSETS, NET  
Summary of goodwill activity

 

 

 
  Retail   Franchising   Manufacturing/
Wholesale
  Total  
 
  (in thousands)
 

Balance at December 31, 2011—Net

  $ 317,733   $ 117,303   $ 202,841   $ 637,877  
                   
                   

Acquired franchise stores

    2,038             2,038  
                   

Balance at December 31, 2012—Net

  $ 319,771   $ 117,303   $ 202,841   $ 639,915  
                   
                   

Acquired franchise stores

    1,431             1,431  

Acquisition of DiscountSupplements.com

    24,582             24,582  

Translation effect of exchange rates

    418             418  
                   

Balance at December 31, 2013—Net

  $ 346,202   $ 117,303   $ 202,841   $ 666,346  
                   
                   
Summary of intangible asset activity

 

 

 
  Retail
Brand
  Franchise
Brand
  Operating
Agreements
  Other
Intangibles
  Total  
 
  (in thousands)
 

Balance at December 31, 2011

  $ 500,000   $ 220,000   $ 138,970   $ 10,619   $ 869,589  
                       
                       

Acquired franchise stores

                701     701  

Amortization expense

            (6,653 )   (1,920 )   (8,573 )
                       

Balance at December 31, 2012

  $ 500,000   $ 220,000   $ 132,317   $ 9,400   $ 861,717  
                       
                       

Acquired franchise stores

                329     329  

Acquisitions

                9,565     9,565  

Amortization expense

            (6,652 )   (2,347 )   (8,999 )

Translation effect of exchange rates

                162     162  
                       

Balance at December 31, 2013

  $ 500,000   $ 220,000   $ 125,665   $ 17,109   $ 862,774  
                       
                       
Schedule of the gross carrying amount and accumulated amortization for each major intangible asset

 

 

 
   
  December 31, 2013   December 31, 2012  
 
  Weighted-
Average
Life
  Cost   Accumulated
Amortization
  Carrying
Amount
  Cost   Accumulated
Amortization
  Carrying
Amount
 
 
   
  (in thousands)
 

Brands—retail

      $ 500,000   $   $ 500,000   $ 500,000   $   $ 500,000  

Brands—franchise

        220,000         220,000     220,000         220,000  

Retail agreements

    30.3     31,000     (7,301 )   23,699     31,000     (6,249 )   24,751  

Franchise agreements

    25.0     70,000     (19,017 )   50,983     70,000     (16,217 )   53,783  

Manufacturing agreements

    25.0     70,000     (19,017 )   50,983     70,000     (16,217 )   53,783  

Other intangibles

    8.2     20,327     (3,995 )   16,332     10,600     (2,151 )   8,449  

Franchise rights

    3.7     5,463     (4,686 )   777     5,134     (4,183 )   951  
                                 

Total

    23.5   $ 916,790   $ (54,016 ) $ 862,774   $ 906,734   $ (45,017 ) $ 861,717  
                                 
                                 
Schedule of future estimated amortization expense of other intangible assets, net, with definite lives

 

 

Years ending December 31,
  Estimated
amortization
expense
 
 
  (in thousands)
 

2014

  $ 12,952  

2015

    12,820  

2016

    11,987  

2017

    9,996  

2018

    9,952  

Thereafter

    85,067  
       

Total

  $ 142,774