XML 27 R9.htm IDEA: XBRL DOCUMENT v2.3.0.15
Goodwill And Intangible Assets
9 Months Ended
Sep. 30, 2011
Goodwill And Intangible Assets [Abstract] 
Goodwill And Intangible Assets

4. Goodwill and Intangible Assets

The changes in the carrying amount of goodwill for the nine months ended September 30, 2011 are as follows (in thousands):

 

Balance as of December 31, 2010

   $ —    

Goodwill acquired

     3,989   

Goodwill adjustment

     —     
  

 

 

 

Total

   $ 3,989   
  

 

 

 

Intangible assets relate to customer relationships, trade names, trademarks, non-compete agreements, and technology that we acquired from TestQuest in November 2008, and through the acquisition of MPC in September 2011. The following table presents the gross carrying value of the acquired intangible assets and accumulated amortization (in thousands):

 

     As of September 30, 2011  
     Gross
Carrying
Amount
     Accumulated
Amortization
     Net Carrying Value  

Acquired technology

   $ 1,782       $ 1,195       $ 587   

Customer relationships

     1,275         108         1,167   

Trade names and trademarks

     180         63         117   

Non-compete agreements

     196         3         193   
  

 

 

    

 

 

    

 

 

 

Total

   $ 3,433       $ 1,369       $ 2,064   
  

 

 

    

 

 

    

 

 

 

 

     As of December 31, 2010  
     Gross
Carrying
Amount
     Accumulated
Amortization
     Net Carrying Value  

Acquired technology

   $ 1,782       $ 988       $ 794   

Customer relationships

     293         78         215   

Trade names and trademarks

     83         44         39   
  

 

 

    

 

 

    

 

 

 

Total

   $ 2,158       $ 1,110       $ 1,048   
  

 

 

    

 

 

    

 

 

 

Amortization expense was $92,000 and $259,000 for the three and nine months ended September 30, 2011, respectively, and $113,000 and $369,000 for the three and nine months ended September 30, 2010 respectively. Amortization in future periods is expected to be as follows (in thousands):

 

Remainder of 2011

   $ 155   

2012

     595   

2013

     450   

2014

     133   

2015

     132   

Thereafter

     599   
  

 

 

 

Total

   $ 2,064