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Fair Value Measurements
9 Months Ended
Sep. 30, 2011
Fair Value Measurements [Abstract] 
Fair Value Measurements

10. Fair Value Measurements

Assets Measured at Fair Value on a Non-Recurring Basis

 

            Fair Value Measurements Using         

Description

   September
30, 2011
     Quoted Prices
for Active
Markets for
Identical Assets

(Level 1)
     Significant
Other
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs

(Level 3)
     Total
(Losses)
 

Property and equipment, net

   $ 1,150         —           —         $ 1,150         —     

Software

     2,050         —           —           2,050         (2,807

Trade Name

     —           —           —           —           (121

Goodwill

     —           —           —           —           (4,140
              

 

 

 
                 (7,068

Property and equipment, net with a carrying amount of $1.2 million was tested for impairment as part of our measurement of fair value for long-lived assets held and used and included as a component of our ITC reporting unit. We did not identify any impaired assets classified as property and equipment, net and included within our ITC asset group.

Software acquired as part of our Cloverleaf acquisition in 2010 with a carrying amount of $4.9 million was written down to its fair value of $2.1 million, resulting in an impairment charge of $2.8 million, which was included in earnings for the three and nine months ended September 30, 2011.

The iSNTM trade name acquired as part of our Cloverleaf acquisition in 2010 with a carrying amount of $0.1 million was written down to its fair value of $0.0 million, resulting in an impairment charge of $0.1 million, which was included in earnings for the three and nine month ended September 30, 2011.

Goodwill acquired as part of our Cloverleaf acquisition in 2010 with a carrying amount of $4.1 million was written down to its fair value of $0.0 million, resulting in an impairment charge of $4.1 million, which was included in earnings for the three and nine months ended September 30, 2011.