Symantec 2007 Annual Report Download - page 97
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Gross Carrying
Amount
Accumulated
Amortization
Net Carrying
Amount
March 31, 2006
(In thousands)
Customer base ............................... $1,493,982 $(147,168) $1,346,814
Trade name . ................................ 107,202 (15,426) 91,776
Marketing-related assets ........................ 2,100 (1,925) 175
Partnership agreements......................... 2,300 (192) 2,108
$1,605,584 $(164,711) $1,440,873
In fiscal 2007, 2006, and 2005, amortization expense for other intangible assets was $201 million, $149 mil-
lion, and $5 million, respectively. Amortization of other intangible assets is included in Operating expenses in the
Consolidated Statements of Income. The weighted-average remaining estimated lives for other intangible assets are
approximately six years for customer base, approximately eight years for trade name, and approximately one year
for partnership agreements. The weighted-average remaining estimated life of other intangible assets in total is
approximately eight years. Annual amortization of other intangible assets, based upon our existing intangible assets
and their current estimated lives, is estimated to be the following as of March 31, 2007:
2008 ............................................................. $199 million
2009 ............................................................. 198million
2010 ............................................................. 197million
2011 ............................................................. 196million
2012 ............................................................. 194million
Thereafter ......................................................... 262million
91
SYMANTEC CORPORATION
Notes to Consolidated Financial Statements — (Continued)