XML 33 R15.htm IDEA: XBRL DOCUMENT v2.4.0.6
Fair Value Measurements
 12 Months Ended
Dec. 31, 2011
Fair Value Measurements [Abstract]  
Fair Value Measurements

9. Fair Value Measurements

Assets Measured at Fair Value on a Recurring Basis

 

            Fair Value Measurements Using         

Description

    December 31,
2010		      Quoted Prices
for Active
Markets for
Identical Assets
(Level 1)		      Significant
Other
Observable
Inputs
(Level 2)		      Significant
Unobservable
Inputs
(Level 3)		      Total
(Losses)		  

Cash and cash equivalents

    $ 45,732         45,732         —           —           —     

 

            Fair Value Measurements Using         

Description

    December 31,
2011		      Quoted Prices
for Active
Markets for
Identical Assets
(Level 1)		      Significant
Other
Observable
Inputs
(Level 2)		      Significant
Unobservable
Inputs
(Level 3)		      Total
(Losses)		  

Cash and cash equivalents

    $ 46,168         46,168         —           —           —     

Assets Measured at Fair Value on a Non-Recurring Basis

 

            Fair Value Measurements Using         

Description

    December 31,
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 year-ended December 31, 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 year-ended December 31, 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 year-ended December 31, 2011.