GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2011

Goodwill by Reportable Segment

The following table summarizes the goodwill by reportable segment for the years ended December 31, 2011 and 2010 (there were no changes in the gross amount, accumulated impairment losses or allocation by reportable segment of goodwill for the years then ended):

(in thousands of U.S. dollars)	Shared Mail			Neighborhood Targeted		Free-standing Inserts		International, Digital Media & Services			Total
Goodwill acquired	$	721,384		$	5,325	$	22,357	$	93,405		$	842,471
Accumulated impairment losses		(187,200	)		—		—		(18,800	)		(206,000	)
Goodwill	$	534,184		$	5,325	$	22,357	$	74,605		$	636,471

Components of Intangible Assets

The components of intangible assets were as follows:

	December 31, 2011									December 31, 2010
(in thousands of U.S. dollars)	Gross Amount		Accumulated Amortization			Net Amount		Weighted Average Remaining Useful Life (in years)		Gross Amount		Accumulated Amortization			Net Amount		Weighted Average Remaining Useful Life (in years)
Finite-lived intangible assets:
Mailing lists, non compete agreements and other	$	40,457	$	(9,894	)	$	30,563		15.1	$	48,037	$	(7,871	)	$	40,166		15.0
Customer relationships		140,000		(44,591	)		95,409		9.0		140,000		(33,990	)		106,010		10.0
Total	$	180,457	$	(54,485	)	$	125,972			$	188,037	$	(41,861	)	$	146,176
Indefinite-lived intangible assets:
Valassis name, tradenames, trademarks and other							87,641									87,641
Other intangible assets, net						$	213,613								$	233,817