Intangible assets

12 Months Ended

Dec. 31, 2011

5. Intangible assets

The following table summarizes the Company’s intangible assets at December 31, 2011 and 2010:


	Gross carrying value				Accumulated amortization						Net carrying value
	2011		2010		2011			2010			2011		2010

Intangible assets subject to amortization:
Customer relationships	$	82,057	$	81,941	$	(73,004	)	$	(61,198	)	$	9,053	$	20,743
Noncompete agreements		22,011		22,011		(17,055	)		(13,409	)		4,956		8,602
Sales backlog		9,589		9,580		(9,589	)		(9,580	)		—		—
Intangible assets not subject to amortization:
Tradenames		11,424		11,407		—			—			11,424		11,407
Trademarks		14		14		—			—			14		14

	$	125,095	$	124,953	$	(99,648	)	$	(84,187	)	$	25,447	$	40,766

The gross carrying values and accumulated amortization of intangible assets increased $142 and decreased $137, respectively, at December 31, 2011 compared to December 31, 2010 due to the effect of foreign currency translation.

Amortization expense for the years ended December 31, 2011, 2010 and 2009 was as follows:


	2011		2010		2009
Amortization expense	$	15,598	$	15,362	$	15,446

The Company’s scheduled amortization expense associated with intangible assets is expected to be:


Years Ending December 31:
2012	$	11,869
2013		1,808
2014		332
2015		—
2016		—
Thereafter		—

	$	14,009

The cumulative weighted average remaining amortization period for customer relationships and noncompete agreements was 1.26 years at December 31, 2011. Sales backlog was fully amortized at December 31, 2011 and 2010.

- Definition

The entire disclosure for all or part of the information related to intangible assets.

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Edgen Murray II, L.P. 10-K