INTERNALLY DEVELOPED SOFTWARE

12 Months Ended

Dec. 31, 2011

INTERNALLY DEVELOPED SOFTWARE

INTERNALLY DEVELOPED SOFTWARE

NOTE 3: INTERNALLY DEVELOPED SOFTWARE

        The following is a summary of internally developed software capitalized:

	Year Ended December 31,
	2011			2010
	(in thousands)
Amounts capitalized, beginning of year	$	49,049		$	39,249
Development costs capitalized		6,320			8,131
Foreign currency translation		(1	)		(17	)
Acquired software		2,498			2,880
Dispositions		(326	)		(1,194	)
Amounts capitalized, end of year		57,540			49,049
Accumulated amortization, end of year		(36,345	)		(29,390	)
Software development costs, net	$	21,195		$	19,659

        Included in the above are capitalized software development costs for projects in progress of $3.5 million and $6.7 million at December 31, 2011 and 2010, respectively. During the years ended December 31, 2011, 2010, and 2009, we recognized amortization expense related to capitalized software development costs of $7.3 million, $5.1 million, and $4.8 million, respectively. Internally developed software is tested annually for impairment, or more often if an event occurs or circumstances change that would more likely than not reduce the net realizable value to less than its unamortized capitalized cost.