Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets, Net (Tables)

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Intangible Assets, Net (Tables)
 6 Months Ended
Jun. 28, 2014
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Intangible Assets

Intangible assets consisted of the following at June 28, 2014 and December 28, 2013 (in thousands):

 

            June 28, 2014      December 28, 2013  
     Useful Life      Gross
Carrying
Amount		      Accumulated
Amort. and
Impairment		     Net
Carrying
Amount		      Gross
Carrying
Amount		      Accum.
Amort. and
Impairment		     Net
Carrying
Amount		  

Intangible assets subject to amortization:

                   

Product design intellectual property (1)

      4 years       $ 2,750       $ (1,972 )    $ 778       $ 2,750       $ (1,842 )    $ 908   

Patent license agreements

      4 - 5 years         437         (42 )      395         0         0        0   

Domain and trade names

      10 years         1,199         (544 )      655         1,199         (506 )      693   
     

 

 

     

 

 

    

 

 

     

 

 

     

 

 

    

 

 

  

Total

       $ 4,386       $ (2,558 )    $ 1,828       $ 3,949       $ (2,348 )    $ 1,601   
     

 

 

     

 

 

    

 

 

     

 

 

     

 

 

    

 

 

  

 

(1)  During the second quarter of 2013, based on the impairment analysis, the Company changed its estimated useful life for product design and intellectual property from 9 years to 4 years.
Summary of Future Estimated Annual Amortization Expense

The following table summarizes the future estimated annual amortization expense for these assets over the next five years (in thousands):

 

2014

    $ 213   

2015

      425   

2016

      425   

2017

      295   

2018

      162   

Thereafter

      308   
  

 

 

  

Total

    $ 1,828