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Intangible Assets
6 Months Ended
Jun. 30, 2011
Intangible Assets  
Intangible Assets

3. Intangible Assets

Intangible assets relate to customer relationships, tradenames, trademarks and technology that we acquired from TestQuest in November 2008. The following table presents the gross carrying value of the acquired intangible assets and accumulated amortization (in thousands):

 

     June 30,
2011
    December 31,
2010
 

Gross carrying value of the acquired intangible assets subject to amortization

   $ 2,158      $ 2,158   

Accumulated amortization

     (1,276     (1,109
  

 

 

   

 

 

 

Net book value

   $ 882      $ 1,049   
  

 

 

   

 

 

 

As of June 30, 2011, 83% of the gross carrying value and 74% of the net book value represented acquired technology. Amortization expense was $83,000 and $167,000 for the three and six months ended June 30, 2011, respectively, and $128,000 and $256,000 for the three and six months ended June 30, 2010 respectively. Amortization in future periods is expected to be as follows (in thousands):

 

Remainder of 2011

   $  167   

2012

     330   

2013

     278   

2014

     37   

2015

     36   

Thereafter

     34   
  

 

 

 

Total

   $ 882