CarParts.com, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets (Tables)

Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 29, 2012

Goodwill and Intangible Assets [Abstract]

Summary of carrying value of goodwill


		Gross Amount				Accum. Impairment Losses				Net Amount
Balance at January 1, 2011		$	23,077			$	(4,430	)		$	18,647
Adjustment to goodwill			207				—				207

Balance at December 31, 2011		$	23,284			$	(4,430	)		$	18,854
Impairment loss on goodwill			—				(18,854	)			(18,854	)

Balance at December 29, 2012		$	23,284			$	(23,284	)		$	—

Summary of intangible assets, excluding goodwill


						December 29, 2012												December 31, 2011
		Useful Life				Gross Carrying Amount				Accum. Amort. and Impairment				Net Carrying Amount				Gross Carrying Amount				Accum. Amort. and Impairment				Net Carrying Amount
Intangible assets subject to amortization:
Websites			5 years			$	2,035			$	(2,035	)		$	—			$	2,035			$	(1,001	)		$	1,034
Internet platform intellectual property			10 months				4,300				(4,300	)			—				4,300				(4,300	)			—
Product design intellectual property ⁽¹⁾			2 years				2,750				(722	)			2,028				2,750				(416	)			2,334
Customer relationships			4 years				2,050				(2,050	)			—				2,050				(712	)			1,338
Assembled workforce			7 years				512				(512	)			—				481				(275	)			206
Favorable lease			2.5 years				78				(78	)			—				78				(56	)			22
Domain and trade names⁽²⁾			10 years				5,067				(3,868	)			1,199				5,050				—				5,050

Total						$	16,792			$	(13,565	)		$	3,227			$	16,744			$	(6,760	)		$	9,984

Summary of future estimated annual amortization expense


2013		$	1,134
2014			1,134
2015			120
2016			120
2017			120
Thereafter			599

Total		$	3,227

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

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