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Other Intangibles, Net (Tables)
6 Months Ended
Jun. 30, 2014
Other Intangibles, Net  
Schedule of other intangibles

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

 

 

Schedule of changes in the carrying value of other intangibles

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

 

 

Schedule of estimated future amortization

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