Constellation Brands, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

Intangible Assets

6 Months Ended

Aug. 31, 2011

Goodwill and Intangible Assets [Abstract]

INTANGIBLE ASSETS

8. INTANGIBLE ASSETS:

The major components of intangible assets are as follows:


	August 31, 2011				February 28, 2011
	Gross		Net		Gross		Net
	Carrying		Carrying		Carrying		Carrying
	Amount		Amount		Amount		Amount
(in millions)
Amortizable intangible assets:
Customer relationships	$	83.1	$	61.6	$	83.2	$	64.1
Other		3.9		1.3		2.6	-

Total	$	87.0		62.9	$	85.8		64.1


Nonamortizable intangible assets:
Trademarks				826.8				816.5
Other				5.7				5.7

Total				832.5				822.2

Total intangible assets, net			$	895.4			$	886.3

The Company did not incur costs to renew or extend the term of acquired intangible assets during the six months and three months ended August 31, 2011, and August 31, 2010. The difference between the gross carrying amount and net carrying amount for each item presented is attributable to accumulated amortization. Amortization expense for intangible assets was $2.5 million and $2.8 million for the six months ended August 31, 2011, and August 31, 2010, respectively, and $1.3 million and $1.4 million for the three months ended August 31, 2011, and August 31, 2010, respectively. Estimated amortization expense for the remaining six months of fiscal 2012 and for each of the five succeeding fiscal years and thereafter is as follows:


(in millions)
2012	$	2.5
2013	$	4.9
2014	$	4.9
2015	$	4.9
2016	$	5.0
2017	$	4.7
Thereafter	$	36.0

- Definition

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

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