Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2012

Company's Purchased Intangible Assets

The following table presents the Company’s purchased intangible assets as of September 30, 2012 (in thousands):

	Gross Intangibles		Accumulated Amortization			Net Intangibles		Weighted Average Amortization Period (years)
Customer relationships	$	104,722	$	(20,359	)	$	84,363		8
Trade name		11,600		(1,036	)		10,564		8
Non-compete agreements		1,230		(597	)		633		2
Proprietary software		850		(788	)		62		2
Favorable lease agreement		450		(25	)		425		2
	$	118,852	$	(22,805	)	$	96,047		8
The following table presents the Company’s purchased intangible assets as of December 31, 2011 (in thousands):
	Gross Intangibles		Accumulated Amortization			Net Intangibles		Weighted Average Amortization Period (years)
Customer relationships	$	58,027	$	(14,056	)	$	43,971		8
Trade name		1,000		(639	)		361		3
Non-compete agreements		560		(560	)		—		1
Proprietary software		850		(710	)		140		2
	$	60,437	$	(15,965	)	$	44,472		8

Amortization Expense Related to Purchased Intangible Assets

The following table presents amortization expense, related to the purchased intangible assets resulting from acquisitions (other than goodwill), included in “General and administrative” costs in the accompanying Condensed Consolidated Statements of Operations (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2012		2011		2012		2011
Amortization expense	$	2,774	$	1,978	$	6,644	$	6,010

Estimated Future Amortization Expense

The Company’s estimated future amortization expense for the succeeding years relating to the purchased intangible assets resulting from acquisitions completed prior to September 30, 2012, is as follows (in thousands):

Years Ending December 31,	Amount
2012 (remaining three months)	$	3,882
2013		15,007
2014		14,742
2015		14,382
2016		14,382
2017		14,382
2018 and thereafter		19,270

Changes in Goodwill

Changes in goodwill consist of the following (in thousands):

	Gross Amount		Accumulated Impairment Losses			Net Amount
Americas:
Balance at January 1, 2012	$	121,971	$	(629	)	$	121,342
Acquisition of Alpine (1)		80,766		—			80,766
Foreign currency translation		2,863		—			2,863
Balance at September 30, 2012		205,600		(629	)		204,971
EMEA:
Balance at January 1, 2012		84		(84	)		—
Foreign currency translation		—		—			—
Balance at September 30, 2012		84		(84	)		—
	$	205,684	$	(713	)	$	204,971

⁽¹⁾  See Note 2, Acquisition of Alpine Access, Inc., for further information.