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Other Intangibles, Net (Tables)
3 Months Ended
Mar. 31, 2015
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

 

$

49,358

 

$

(43,588

)

$

5,770

 

Product development costs

 

3.0

 

22,913

 

(19,834

)

3,079

 

 

 

 

 

 

 

 

 

 

 

Developed technology sub-total

 

 

 

72,271

 

(63,422

)

8,849

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

6.4

 

40,565

 

(33,115

)

7,450

 

Other intangibles

 

4.1

 

4,604

 

(4,167

)

437

 

 

 

 

 

 

 

 

 

 

 

Other intangibles sub-total

 

 

 

45,169

 

(37,282

)

7,887

 

 

 

 

 

 

 

 

 

 

 

Balance at March 31, 2015

 

 

 

$

117,440

 

$

(100,704

)

$

16,736

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

Average

 

 

 

 

 

 

 

 

 

Amortization

 

 

 

 

 

 

 

 

 

Period

 

 

 

Accumulated

 

 

 

 

 

(Years)

 

Gross

 

Amortization

 

Net

 

 

 

 

 

 

 

 

 

 

 

Purchased technologies

 

5.1

 

$

50,152

 

$

(43,195

)

$

6,957

 

Product development costs

 

3.0

 

22,423

 

(19,314

)

3,109

 

 

 

 

 

 

 

 

 

 

 

Developed technology sub-total

 

 

 

72,575

 

(62,509

)

10,066

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

6.4

 

40,783

 

(32,577

)

8,206

 

Other intangibles

 

4.1

 

4,629

 

(4,098

)

531

 

 

 

 

 

 

 

 

 

 

 

Other intangibles sub-total

 

 

 

45,412

 

(36,675

)

8,737

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2014

 

 

 

$

117,987

 

$

(99,184

)

$

18,803

 

 

 

Schedule of changes in the carrying value of other intangibles

 

 

The changes in the carrying value of other intangibles during the three months ended March 31, 2015 are summarized as follows (in thousands):

 

 

 

 

 

Accumulated

 

 

 

 

 

Gross

 

Amortization

 

Net

 

 

 

 

 

 

 

 

 

Balance at December 31, 2014

 

$

117,987

 

$

(99,184

)

$

18,803

 

Additions

 

490

 

 

490

 

Amortization

 

 

(2,368

)

(2,368

)

Translation adjustments

 

(1,037

)

848

 

(189

)

 

 

 

 

 

 

 

 

Balance at March 31, 2015

 

$

117,440

 

$

(100,704

)

$

16,736

 

 

 

 

Schedule of estimated future amortization

 

 

Based on the carrying amount of other intangibles as of March 31, 2015, the estimated future amortization is as follows (in thousands):

 

 

 

Nine

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Months Ending

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31

 

Years Ending December 31

 

 

 

 

 

 

 

2015

 

2016

 

2017

 

2018

 

2019

 

Thereafter

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Developed technology

 

$

4,372 

 

$

3,810 

 

$

627 

 

$

40 

 

$

 

$

 

$

8,849 

 

Other intangibles

 

2,395 

 

2,699 

 

1,865 

 

923 

 

 

 

7,887 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

6,767 

 

$

6,509 

 

$

2,492 

 

$

963 

 

$

 

$

 

$

16,736