Quarterly report pursuant to Section 13 or 15(d)

Intangibles - Thermon Holding Corp

 v2.3.0.11
Intangibles - Thermon Holding Corp
3 Months Ended
Jun. 30, 2011
Intangibles

6.  Intangibles

 

Intangible assets at June 30, 2011 were related to the CHS Transactions and consisted of the following:

 

 

 

Net Carrying
Amount at
March 31, 2011

 

Accumulated
Amortization

 

Net Carrying
Amount at
June 30, 2011

 

Trademarks

 

$

49,403

 

$

—

 

$

49,403

 

Developed technology

 

10,721

 

141

 

10,580

 

Customer relationships

 

97,079

 

2,680

 

94,399

 

Certification

 

516

 

—

 

516

 

Other

 

1,337

 

64

 

1,273

 

 

 

$

159,056

 

$

2,885

 

156,171

 

Currency translation adjustment

 

 

 

 

 

842

 

Total

 

 

 

 

 

$

157,013

 

 

Trademarks and certifications have indefinite lives. Developed technology, customer relationships, and other intangible assets have estimated lives of 20 years, 10 years, and 6 years, respectively. The weighted average useful life for the group is 10 years.

Thermon Holding Corp
 
Intangibles

5.  Intangibles

 

Intangible assets at June 30, 2011 were related to the CHS Transactions and consisted of the following:

 

 

 

Net Carrying
Amount at
March 31, 2011

 

Accumulated
Amortization

 

Net Carrying
Amount at
June 30, 2011

 

Trademarks

 

$

49,403

 

$

—

 

$

49,403

 

Developed technology

 

10,721

 

141

 

10,580

 

Customer relationships

 

97,079

 

2,680

 

94,399

 

Certification

 

516

 

—

 

516

 

Other

 

1,337

 

64

 

1,273

 

 

 

$

159,056

 

$

2,885

 

156,171

 

Currency translation adjustment

 

 

 

 

 

842

 

Total

 

 

 

 

 

$

157,013

 

 

Trademarks and certifications have indefinite lives. Developed technology, customer relationships, and other intangible assets have estimated lives of 20 years, 10 years, and 6 years, respectively. The weighted average useful life for the group is 10 years.