Sprint - Nextel 2008 Annual Report Download - page 131
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CLEARWIRE CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
7. Other Intangible Assets
Other intangible assets as of December 31, 2009 and 2008 consisted of the following (in thousands):
December 31, 2009 December 31, 2008
Useful lives
Gross
Carrying
Value
Accumulated
Amortization
Net Carrying
Value
Gross
Carrying
Value
Accumulated
Amortization
Net Carrying
Value
Subscriber relationships . . . 4 — 7 years $120,231 $(34,084) $86,147 $118,787 $(2,606) $116,181
Trade names and
trademarks ............ 5years 3,804 (824) 2,980 3,804 (63) 3,741
Patents and other ......... 10years 3,164 (578) 2,586 3,148 (262) 2,886
Total other intangibles .... $127,199 $(35,486) $91,713 $125,739 $(2,931) $122,808
Based on the other intangible assets recorded as of December 31, 2009, the future amortization is expected
to be as follows (in thousands):
2010 ..................................................................... $27,394
2011 ..................................................................... 22,426
2012 ..................................................................... 17,322
2013 ..................................................................... 12,292
2014 ..................................................................... 7,728
Thereafter ................................................................. 4,551
Total ..................................................................... $91,713
Year Ended December 31,
2009 2008 2007
Supplemental Information (in thousands):
Amortization expense .................................................. $32,443 $2,888 $ 43
Consideration paid .................................................... $ 16 $ 992 $1,316
We evaluate all of our patent renewals on a case by case basis, based on renewal costs.
8. Accounts Payable and Other Current Liabilities
Accounts payable and other current liabilities consisted of the following (in thousands):
December 31,
2009 2008
Accounts payable ............................................... $377,890 $ 78,695
Accrued interest ................................................. 28,670 8,953
Salaries and benefits ............................................. 44,326 26,337
Business and income taxes payable ................................. 25,924 7,264
Other ......................................................... 50,557 24,168
$527,367 $145,417
9. Income Taxes
We determine deferred income taxes based on the estimated future tax effects of differences between the
financial statement and tax bases of assets and liabilities using the tax rates expected to be in effect when any
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