text: rying value of the trademark and thus, no impairment was recorded. 
  
  The trademark is deemed to have an indefinite useful life because it 
  
  **–** **$ 1,434**
  amortizing the trademark in 2002. 
  
  The table below summarizes amortizable definite-lived 
  **Business Combinations**
  intangible assets, which are reflected in Other Assets in the Company’s 
  During 2001, the Company completed the acquisition of three small 
  consolidated balance sheets: 
  hearth product distributors for a total purchase price of approximately 
  
  $7.6 million. The acquisitions were accounted for using the purchase  **2003** 2002  *(In thousands)*
  
  Patents 
  Customer lists and other 
  Less: accumulated amortization  **$ 16,450**
  **26,076**
  **16,671** $ 16,450 
   26,076 
   13,980 
  
  method, and the results of the three distributors have been included in 
  
  the Company’s financial statements since the date of acquisition. 
  
  Net intangible assets  **$ 25,855** $ 28,546 
  **Inventories**