INTANGIBLE ASSETS WITH FINITE LIVES

12 Months Ended

Dec. 31, 2011

INTANGIBLE ASSETS WITH FINITE LIVES [Abstract]

INTANGIBLE ASSETS WITH FINITE LIVES

NOTE 6 - INTANGIBLE ASSETS WITH FINITE LIVES

As of December 31, 2011 and 2010, the Company had identifiable intangible assets as follows:

	Amortization Period (In years)		2011 Gross Carrying Amount		2011 Accumulated Amortization		2010 Gross Carrying Amount		2010 Accumulated Amortization
Customer lists		10	$	37,142	$	17,272	$	37,142	$	13,633
Regulatory re-registration costs		10		1,302		220		1,302		90
Patents & trade secrets		15-17		1,571		681		1,548		599
Trademarks & trade names		17		907		356		906		303
Other		5-10		754		441		753		377
			$	41,676	$	18,970	$	41,651	$	15,002

Amortization of identifiable intangible assets was approximately $3,968, $3,915 and $3,650 for 2011, 2010 and 2009, respectively. Assuming no change in the gross carrying value of identifiable intangible assets, the estimated amortization expense is approximately $4,000 per annum for 2012 through 2016. At December 31, 2011 and 2010, there were no identifiable intangible assets with indefinite useful lives as defined by ASC 350, “Intangibles-Goodwill and Other.”  Identifiable intangible assets are reflected in the Company's consolidated balance sheets under Intangible assets, net.  There were no changes to the useful lives of intangible assets subject to amortization in 2011 and 2010.

At December 31, 2011, the gross carrying amount included a customer list and registrations acquired as part of the Aberco acquisition in 2010, a customer list acquired as part of the Chinook Acquisition in 2007, as well as a customer list, trade name and trade secrets acquired as part of the CMC Acquisition in 2006.

The Federal Insecticide, Fungicide and Rodenticide Act, (“FIFRA”), a health and safety statute, requires that certain products within our specialty products segment must be registered with the U.S. Environmental Protection Agency (“EPA”)  because they are considered pesticides. Costs of such registration are included as regulatory re-registration costs in the table above.