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This excerpt taken from the VRSN 10-K filed Feb 29, 2008. Impairment of other intangible assets
During 2007, VeriSign recognized an impairment charge of $62.6 million for other intangible assets of the Content Services business reporting unit as a result of the impairment test conducted as required by SFAS 142
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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS(Continued)
DECEMBER 31, 2007, 2006 AND 2005
and SFAS 144 as of December 31, 2007. During 2007, the Company wrote-off an additional amount $4.8 million of other intangible assets primarily related to a significant change in the operations of an asset group.
During 2006, VeriSign wrote off approximately $2.0 million of other intangible assets specifically related to abandoned technology acquired for a specific customer.
This excerpt taken from the VRSN 10-Q filed Nov 5, 2007. Impairment of other intangible assets During the nine months ended September 30, 2007, VeriSign wrote-off approximately $4.8 million of other intangible assets specifically related to a significant change in the operations of an asset group. During the nine months ended September 30, 2006, VeriSign wrote off approximately $2.0 million of other intangible assets specifically related to abandoned technology acquired for a specific customer. This excerpt taken from the VRSN 10-Q filed Jul 16, 2007. Impairment of other intangible assets During the three months ended March 31, 2006, VeriSign wrote off approximately $2.0 million of other intangible assets specifically related to abandoned technology acquired for a specific customer. There were no impairments of other intangible assets during the three months ended March 31, 2007. This excerpt taken from the VRSN 10-Q filed Jul 12, 2007. Impairment of other intangible assets During the nine months ended September 30, 2006, VeriSign wrote off approximately $2.0 million of other intangible assets specifically related to abandoned technology acquired for a specific customer. Estimated future amortization expense related to other intangible assets at September 30, 2006 is as follows:
This excerpt taken from the VRSN 10-Q filed May 10, 2006. Impairment of other intangible assets During the three months ended March 31, 2006, we wrote off approximately $2.0 million of intangible assets specifically related to abandoned technology acquired for a specific customer.
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