Annual report pursuant to Section 13 and 15(d)

Other Assets

v2.4.0.6
Other Assets
12 Months Ended
Dec. 31, 2011
Other Assets  
Other Assets

7.             Other Assets

 

Other assets as of December 31, 2011 and January 1, 2011 consist of the following:

 

 

 

December 31,
2011

 

January 1,
2011

 

Deposits

 

$

400

 

$

443

 

Recycling contract, net

 

339

 

419

 

Deferred financing costs, net

 

476

 

 

Patent costs

 

17

 

 

Other

 

 

198

 

 

 

$

1,232

 

$

1,060

 

 

For fiscal years 2011 and 2010, we recorded amortization expense of $80 and $60, respectively, related to our recycling contract.  For fiscal year 2011, we recorded non-cash interest expense of $193 related to deferred financing costs.  During the third quarter of 2011, AAP wrote off $198 of related party receivables.

 

Estimated amortization expense over the next five years related to our recycling contract is as follows:

 

2012

 

$

80

 

2013

 

80

 

2014

 

80

 

2015

 

80

 

2016

 

19