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Intangibles and Other Assets
6 Months Ended
Jun. 30, 2012
Intangibles and Other Assets [Abstract]  
INTANGIBLES AND OTHER ASSETS

6. INTANGIBLES AND OTHER ASSETS

 

                 
    June 30,
2012
    December 31,
2011
 
    (In thousands)  
     

Patents and trademarks

  $ 24,987     $ 23,617  

Other assets

    191       204  
   

 

 

   

 

 

 
     

Gross intangibles and other assets

    25,178       23,821  

Accumulated amortization of patents and trademarks

    (10,245     (9,768
   

 

 

   

 

 

 

Intangibles and other assets, net

  $ 14,933     $ 14,053  
   

 

 

   

 

 

 

The Company amortizes its intangible assets related to patents and trademarks, over their estimated useful lives, generally 10 years from the date of issuance of the patents and trademarks. Amortization of intangibles excluding impairments or abandonments was as follows:

 

                                 
    Three Months Ended
June 30,
    Six Months Ended
June 30,
 
    2012     2011     2012     2011  
    (In thousands)     (In thousands)  

Amortization of Intangibles - excluding impairments or abandonments

  $ 272     $ 217     $ 514     $ 414  
   

 

 

   

 

 

   

 

 

   

 

 

 

 

The table below includes estimated remaining annual amortization expense for issued patents and trademarks as of June 30, 2012.

 

         
    Estimated
Amortization
Expense
 
    (In thousands)  
   

Remainder of 2012

  $ 486  

2013

    961  

2014

    854  

2015

    787  

2016

    717  

Thereafter

    1,935  
   

 

 

 

Total

  $ 5,740  
   

 

 

 

Patents in process included in patents and trademarks were as follows:

 

                 
    June 30,
2012
    December 31,
2011
 
    (In thousands)  
     

Patents in process

  $ 9,002     $ 8,448  
   

 

 

   

 

 

 

Upon issuance, in process patents will be amortized over their estimated useful lives, generally 10 years.