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Other Intangibles, Net
6 Months Ended
Jun. 30, 2014
Other Intangibles, Net  
Other Intangibles, Net

Note 4—Other Intangibles, Net

 

Other intangibles are summarized as follows (in thousands, except weighted average amortization period):

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

Average

 

 

 

 

 

 

 

 

 

Amortization

 

 

 

 

 

 

 

 

 

Period

 

 

 

Accumulated

 

 

 

 

 

(Years)

 

Gross

 

Amortization

 

Net

 

 

 

 

 

 

 

 

 

 

 

Purchased technologies

 

5.1

 

$

51,052

 

$

(41,456

)

$

9,596

 

Product development costs

 

3.0

 

21,513

 

(18,293

)

3,220

 

 

 

 

 

 

 

 

 

 

 

Developed technology sub-total

 

 

 

72,565

 

(59,749

)

12,816

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

6.4

 

41,010

 

(31,250

)

9,760

 

Other intangibles

 

4.1

 

4,651

 

(3,932

)

719

 

 

 

 

 

 

 

 

 

 

 

Other intangibles sub-total

 

 

 

45,661

 

(35,182

)

10,479

 

 

 

 

 

 

 

 

 

 

 

Balance at June 30, 2014

 

 

 

$

118,226

 

$

(94,931

)

$

23,295

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

Average

 

 

 

 

 

 

 

 

 

Amortization

 

 

 

 

 

 

 

 

 

Period

 

 

 

Accumulated

 

 

 

 

 

(Years)

 

Gross

 

Amortization

 

Net

 

 

 

 

 

 

 

 

 

 

 

Purchased technologies

 

5.1

 

$

50,711

 

$

(38,877

)

$

11,834

 

Product development costs

 

3.0

 

20,524

 

(17,183

)

3,341

 

 

 

 

 

 

 

 

 

 

 

Developed technology sub-total

 

 

 

71,235

 

(56,060

)

15,175

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

6.4

 

40,936

 

(29,786

)

11,150

 

Other intangibles

 

4.1

 

4,645

 

(3,578

)

1,067

 

 

 

 

 

 

 

 

 

 

 

Other intangibles sub-total

 

 

 

45,581

 

(33,364

)

12,217

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2013

 

 

 

$

116,816

 

$

(89,424

)

$

27,392

 

 

The changes in the carrying value of other intangibles during the six months ended June 30, 2014 are summarized as follows (in thousands):

 

 

 

 

 

Accumulated

 

 

 

 

 

Gross

 

Amortization

 

Net

 

 

 

 

 

 

 

 

 

Balance at December 31, 2013

 

$

116,816

 

$

(89,424

)

$

27,392

 

Additions

 

988

 

 

988

 

Amortization

 

 

(5,267

)

(5,267

)

Translation adjustments

 

422

 

(240

)

182

 

 

 

 

 

 

 

 

 

Balance at June 30, 2014

 

$

118,226

 

$

(94,931

)

$

23,295

 

 

Based on the carrying amount of other intangibles as of June 30, 2014, the estimated future amortization is as follows (in thousands):

 

 

 

Six

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Months Ending

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31

 

Years Ending December 31

 

 

 

 

 

 

 

2014

 

2015

 

2016

 

2017

 

2018

 

Thereafter

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Developed technology

 

$

3,245 

 

$

5,794 

 

$

3,363 

 

$

414 

 

$

 

$

 

$

12,816 

 

Other intangibles

 

1,619 

 

3,237 

 

2,725 

 

1,886 

 

945 

 

67 

 

10,479 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

4,864 

 

$

9,031 

 

$

6,088 

 

$

2,300 

 

$

945 

 

$

67 

 

$

23,295