Estimated future amortization expense on payments for process- ing rights and conversion costs as of December 31, 2010 for the next five years is: Estimated future amortization expense of licensed computer soft- ware, software development costs and acquisition technology intangibles as of December 31, 2010 for the next five years is: Significant components of contract acquisition costs at December 31 are summarized as follows: On April 1, 2010, TSYS acquired 51 percent ownership of TMS for approximately $150.5 million. The Company has allocated approx- imately $155.5 million to goodwill. Refer to Note 24 for more infor- mation on TMS. With the sale of certain assets and liabilities of TPOS, the Com- pany incurred a pre-tax goodwill impairment of $2.2 million (approximately $1.5 million after-tax), which is included in loss on discontinued operations, net of tax. TPOS was not a significant component to the Merchant Services segment. In November 2008, TSYS acquired Infonox for an aggregate consideration of approximately $50.5 million, with contingent payments over the next three years of up to $25.0 million based on performance. The Company did not make any contingent payments in 2010. The Company has allocated approximately $29.1 million to goodwill. Refer to Note 24 for more information on Infonox. The gross amount and accumulated impairment loss of goodwill at December 31, 2010 and 2009 is as follows: Amortization related to payments for processing rights, which is recorded as a reduction of revenues, was $17.7 million, $25.5 million and $28.5 million for 2010, 2009 and 2008, respectively. Amortization expense related to conversion costs was $17.5 million, $17.8 million and $14.4 million for 2010, 2009 and 2008, respectively. The weighted average useful life for each component of contract acquisition costs, and in total, at December 31, 2010 is as follows: NOTE 9 Contract Acquisition Costs, net NOTE 10 Goodwill 42 (in thousands) Licensed Computer Software Software Development Costs Acquisition Technology Intangibles 2011. . . . . . . . . . . . . $37,443 25,536 10,187 2012. . . . . . . . . . . . . 34,502 21,308 9,479 2013. . . . . . . . . . . . . 27,070 15,338 7,552 2014. . . . . . . . . . . . . 17,733 11,702 5,873 2015. . . . . . . . . . . . . 11,140 7,291 2,828 (in thousands) Payments for Processing Rights Conversion Costs 2011 . . . . . . . . . . . . . . . . . . . $15,528 20,479 2012 . . . . . . . . . . . . . . . . . . . 16,568 18,151 2013 . . . . . . . . . . . . . . . . . . . 16,966 14,908 2014 . . . . . . . . . . . . . . . . . . . 14,580 12,717 2015 . . . . . . . . . . . . . . . . . . . 9,990 10,463 (in thousands) 2010 2009 Payments for processing rights, net . . . . $ 85,730 59,085 Conversion costs, net . . . . . . . . . . . . . . 80,521 68,953 Total.......................... $166,251 128,038 At December 31, 2010 Weighted Average Amortization Period (Yrs) Payments for processing rights. . . . . . . . . . . . . . 8.7 Conversion costs. . . . . . . . . . . . . . . . . . . . . . . . 6.6 Total ................................ 7.8 North America Services International Services Merchant Services Consolidated 2010 Grossamount............................................ $70,614 33,188 218,822 $322,624 Accumulated impairment losses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — (2,225) (2,225) Goodwill,net........................................... $70,614 33,188 216,597 $320,399