| Components of Other Intangibles, Net |
Other intangibles, net as of December 31, 2013 and 2012
consist of the following:
|
|
|
|
|
|
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|
|
|
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| |
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Estimated |
|
|
|
|
|
|
| |
|
Useful Life |
|
December 31,
|
|
|
December 31,
|
|
| |
|
(Years) |
|
2013 |
|
|
2012 |
|
|
Customer relationships
|
|
20 |
|
$ |
341,500 |
|
|
$ |
328,382 |
|
|
Trademarks - All Others
|
|
Indefinite |
|
|
54,082 |
|
|
|
49,413 |
|
|
Trademarks - TagWorks
|
|
5 |
|
|
240 |
|
|
|
240 |
|
|
Patents
|
|
5-20 |
|
|
20,250 |
|
|
|
20,250 |
|
|
Quick Tag license
|
|
6 |
|
|
11,500 |
|
|
|
11,500 |
|
|
Laser Key license
|
|
5 |
|
|
1,250 |
|
|
|
1,250 |
|
|
KeyWorks license
|
|
10 |
|
|
4,100 |
|
|
|
4,100 |
|
|
Non compete agreements
|
|
5-10 |
|
|
4,450 |
|
|
|
4,450 |
|
|
Lease agreement
|
|
0.5 |
|
|
— |
|
|
|
240 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Intangible assets, gross
|
|
|
|
|
437,372 |
|
|
|
419,825 |
|
|
Less: Accumulated amortization
|
|
|
|
|
75,007 |
|
|
|
53,181 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Other intangibles, net
|
|
|
|
$ |
362,365 |
|
|
$ |
366,644 |
|
|
|
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