The following table sets forth the components of the intangible assets subject to amortization as of October 31, 2003 and 2002: 40 (Dollars in thousands, except per share amounts) Notes to Consolidated Financial Statements  (continued) TAKE-TWO INTERACTIVE SOFTWARE, INC. AND SUBSIDIARIES As of October 31, 2003 As of October 31, 2002 Gross Gross Range of  Carrying Accumulated Carrying Accumulated Useful Life Amount Amortization Net Amount Amortization Net Trademarks 7–10 years $23,667 $ (5,998) $17,669 $23,342 $ (4,515) $18,827 Customer lists and relationships 5–10 years 4,673 (2,733) 1,940 9,081 (2,352) 6,729 Intellectual property 2– 6 years 31,487 (10,907) 20,580 25,771 (2,869) 22,902 Non-competition agreements 3– 6 years 4,838 (2,105) 2,733 4,880 (906) 3,974 Technology 3 years 4,192 (2,278) 1,914 4,640 (1,779) 2,861 $68,857 $(24,021) $44,836 $67,714 $(12,421) $55,293 Amortization expense (including goodwill for 2001) for the years ended October 31, 2003, 2002 and 2001 amounted to $11,600, $9,893 and $9,309, respectively. Estimated amortization expense for the fiscal years ending October 31 is as follows: The change in goodwill for the fiscal year ended October 31, 2003 is as follows: The addition to goodwill in 2002 was the $5,496 related to the Barking Dog acquisition. The following table provides a reconciliation of net income for exclusion of goodwill amortization:  2004 $16,726 2005 4,657 2006 5,962 2007 2,709 2008 1,628 Total $31,682 Balance October 31, 2002 $61,529 Acquisitions in fiscal 2003 Angel 37,425 Frog City and Cat Daddy 1,267 Adjustments for 2002 acquisition 1,277 Balance October 31, 2003 $101,498 Years Ended October 31, 2003 2002 2001 (Restated) (Restated) Net income (loss)—as reported $98,118 $71,563 $(6,918) Add: Goodwill amortization, net of taxes — — 4,116 Net income (loss)—as adjusted 98,118 71,563 (2,802) Add: Cumulative effect of change in accounting principle, net of taxes — — (5,244) Income (loss) before cumulative effect of change in accounting principle—as adjusted $98,118 $71,563 $ 2,442 Income (loss) before cumulative effect of change in accounting principle—as reported $98,118 $71,563 $(1,706) Earnings (loss) per share: Reported earnings (loss) per share—basic $ 2.34 $ 1.88 $ (0.20) Add: Goodwill amortization, net of taxes — — 0.12 Adjusted earnings (loss) per share—basic 2.34 1.88 (0.08) Add: Cumulative effect of change in accounting principle — — (0.15) Adjusted income (loss) before cumulative effect of change in accounting principle per share—basic $ 2.34 $ 1.88 $ 0.07 Reported income (loss) before cumulative effect of change in accounting principle per share—basic $ 2.27 $ 1.88 $ (0.05) Reported earnings (loss) per share—diluted $ 2.27 $ 1.81 $ (0.20) Add: Goodwill amortization, net of taxes — — 0.12 Adjusted earnings (loss) per share—diluted 2.27 1.81 (0.08) Add: Cumulative effect of change in accounting principle — — (0.15) Adjusted income (loss) before cumulative effect of change in accounting principle per share—diluted $ 2.27 $ 1.81 $ 0.07 Reported income (loss) before cumulative effect of change in accounting principle per share—diluted $ 2.27 $ 1.81 $ (0.05)