XML 33 R32.htm IDEA: XBRL DOCUMENT v2.3.0.15
Goodwill and Purchased Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2011
Goodwill and Purchased Intangible Assets [Abstract] 
Goodwill allocated to the Company's business segments
     The following table summarizes goodwill allocated to the Company’s business segments as of September 30, 2011 and December 31, 2010 (in thousands):
                         
            Sapient Global        
    SapientNitro     Markets     Total  
Goodwill as of December 31, 2010
  $ 52,902     $ 24,963     $ 77,865  
Goodwill acquired during the period
    27,207             27,207  
Contingent consideration recorded during the period
          4,872       4,872  
Foreign currency exchange rate effect
    (891     (381     (1,272
 
                 
Goodwill as of September 30, 2011
  $ 79,218     $ 29,454     $ 108,672  
 
                 
Summary of intangible assets
     The following table summarizes purchased intangible assets as of September 30, 2011 and December 31, 2010 (in thousands; the gross carrying amounts of purchased intangible assets denominated in foreign currencies are reflected at the respective balance sheet date exchange rate):
                                                 
    September 30, 2011     December 31, 2010  
    Gross             Net     Gross             Net  
    Carrying     Accumulated     Book     Carrying     Accumulated     Book  
    Amount     Amortization     Value     Amount     Amortization     Value  
Customer lists and customer relationships
  $ 42,907     $ (15,029   $ 27,878     $ 22,954     $ (12,351 )   $ 10,603  
SAP license agreement
    1,100       (1,100           1,100       (1,100 )      
Non-compete agreements
    10,087       (4,203     5,884       8,538       (3,074 )     5,464  
Intellectual property 4,342 (53 ) 4,289
Tradename
    3,580       (1,965     1,615       3,149       (1,587 )     1,562  
 
                                   
Total purchased intangible assets
  $ 62,016     $ (22,350   $ 39,666     $ 35,741     $ (18,112 )   $ 17,629  
 
                                   
Future Amortization expense of purchased intangible assets
     The estimated future amortization expense of purchased intangible assets as of September 30, 2011 is as follows (in thousands):
         
    Total  
2011 (remainder of year)
  $ 2,511  
2012
    10,777  
2013
    9,328  
2014
    6,135  
2015
    4,204  
Thereafter
    6,711  
 
     
Total
  $ 39,666