Intangible Assets and Acquisitions (Tables)

12 Months Ended

Dec. 31, 2012

Intangible Assets And Acquisitions (Tables) [Abstract]

Amortizable Intangible Assets

Amortizable intangible assets consist of the following (in thousands):

		December 31, 2012				December 31, 2011
	Avg. Life (years)	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Non-compete agreements	3	$	6,104	$	6,098	$	6,104	$	6,091
Customer relationships	2	71,816		70,001		70,648		65,901
Vendor relationships	11	7,538		1,136		7,538		568
Total		$	85,458	$	77,235	$	84,290	$	72,560

Aggregate Amortization Expense

Aggregate amortization expense (in thousands):

Year Ended December 31, 2012	$	4,668
Year Ended December 31, 2011	$	4,285
Year Ended December 31, 2010	$	701

Estimated Amortization Expense

Estimated amortization expense, assuming current intangible balances and no new acquisitions, for each of the years ending December 31, is as follows (in thousands):

	Estimated Amortization Expense
2013	$	2,037
2014	920
2015	568
2016	568
2017	568
Thereafter	3,562
	$	8,223

Changes in Recorded Goodwill

A summary of the changes in recorded goodwill, the remainder of which were recorded in the Core U.S. segment, follows (in thousands):

	December 31,
	2012			2011
Gross balance as of January 1,	$	1,339,125		$	1,320,467
Additions from acquisitions	6,874			18,755
Goodwill related to stores sold or closed	(1,221		)	(390		)
Post purchase price allocation adjustments	(113		)	293
Balance as of the end of the period	$	1,344,665		$	1,339,125

Acquisitions

The following table provides information concerning the acquisitions made during the years ended December 31, 2012, 2011 and 2010.

	Year Ended December 31,
	2012		2011			2010
	(Dollar amounts in thousands)
Number of stores acquired remaining open	6		26			3
Number of stores acquired that were merged with existing stores	31		71			14
Number of kiosk locations acquired	—		5			158
Number of transactions	19		19			15
Total purchase price	$	13,258	$	26,747		$	74,378		(1)
Amounts allocated to:
Goodwill	$	6,874	$	18,755		$	55,922
Non-compete agreements	—		10			—
Customer relationships	1,160		2,843			5,551
Rental merchandise	4,380		6,023			27,325
Property and other assets	845		—			1,740
Liabilities assumed	—		(884		)	(16,160		)

 ________

⁽¹⁾  Of this amount, $71.0 million, net of cash acquired, was funded in connection with the acquisition of The Rental Store, Inc.