XML 23 R33.htm IDEA: XBRL DOCUMENT v2.4.0.8
Intangible Assets and Acquisitions (Tables)
12 Months Ended
Dec. 31, 2013
Intangible Assets And Acquisitions (Tables) [Abstract]  
Amortizable Intangible Assets
Amortizable intangible assets consist of the following (in thousands):
 
 
 
 
December 31, 2013
 
December 31, 2012
 
 
Avg.
Life
(years)
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Gross
Carrying
Amount
 
Accumulated
Amortization
Non-compete agreements
 
3
 
$
6,337

 
$
6,102

 
$
6,104

 
$
6,098

Customer relationships
 
2
 
74,799

 
71,899

 
71,816

 
70,001

Vendor relationships
 
11
 
7,538

 
1,704

 
7,538

 
1,136

Total
 
 
 
$
88,674

 
$
79,705

 
$
85,458

 
$
77,235

Aggregate Amortization Expense
Aggregate amortization expense (in thousands):
Year Ended December 31, 2013
$
3,559

Year Ended December 31, 2012
$
4,668

Year Ended December 31, 2011
$
4,285

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
2014
$
2,704

2015
1,491

2016
644

2017
568

2018
445

Thereafter
3,117

 
$
8,969

Changes in Recorded Goodwill
A summary of the changes in recorded goodwill follows (in thousands):
 
 
Year Ended December 31,
 
 
2013
 
2012
Gross balance as of January 1,
 
$
1,344,665

 
$
1,339,125

Additions from acquisitions
 
28,282

 
6,874

Goodwill impairments and write-offs related to stores sold or closed
 
(9,038
)
 
(1,221
)
Post purchase price allocation adjustments
 
640

 
(113
)
Balance as of the end of the period
 
$
1,364,549

 
$
1,344,665

Acquisitions
The following table provides information concerning the acquisitions made during the years ended December 31, 2013, 2012 and 2011.
 
 
Year Ended December 31,
 
 
2013
 
2012
 
2011
 
 
(Dollar amounts in thousands)
Number of stores acquired remaining open
 
47

 
6

 
26

Number of stores acquired that were merged with existing stores
 
38

 
31

 
71

Number of kiosk locations acquired
 

 

 
5

Number of transactions
 
47

 
19

 
19

Total purchase price
 
$
41,236

 
$
13,258

 
$
26,747

Amounts allocated to:
 
 
 
 
 
 
Goodwill
 
$
28,282

 
$
6,874

 
$
18,755

Non-compete agreements
 
235

 

 
10

Customer relationships
 
2,959

 
1,160

 
2,843

Rental merchandise
 
11,843

 
4,380

 
6,023

Property and other assets
 
910

 
845

 

Liabilities assumed
 

 

 
(884
)