Other intangible assets consist of the following at March 31, 2012:
|
Item |
Life | Cost | Fiscal 2012 Amortization Expense |
Accumulated Amortization at March 31, 2012 |
Cost, Net of Accumulated Amortization at March 31, 2012 |
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|
Covenant Not to Compete |
5 years | $ | 775,000 | $ | 147,000 | $ | 661,000 | $ | 114,000 | |||||||||
|
Customer relationships |
18-20 years | 7,922,000 | 423,000 | 2,031,000 | 5,891,000 | |||||||||||||
|
TPA Licenses |
15 years | 204,000 | 14,000 | 63,000 | 141,000 | |||||||||||||
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Total |
$ | 8,901,000 | $ | 584,000 | $ | 2,755,000 | $ | 6,146,000 | ||||||||||
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Other intangible assets consist of the following at March 31, 2013:
|
Item |
Life | Cost | Fiscal 2013 Amortization Expense |
Accumulated Amortization at March 31, 2013 |
Cost, Net of Accumulated Amortization at March 31, 2013 |
|||||||||||||
|
Covenant Not to Compete |
5 years | $ | 775,000 | $ | 47,000 | $ | 708,000 | $ | 67,000 | |||||||||
|
Customer Relationships |
18-20 years | 7,922,000 | 423,000 | 2,453,000 | 5,469,000 | |||||||||||||
|
TPA Licenses |
15 years | 204,000 | 14,000 | 77,000 | 127,000 | |||||||||||||
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|
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Total |
$ | 8,901,000 | $ | 484,000 | $ | 3,238,000 | $ | 5,663,000 | ||||||||||
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