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

6. INTANGIBLES AND OTHER ASSETS

 

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

Patents and trademarks

  $ 25,754     $ 23,617  

Other assets

    196       204  
   

 

 

   

 

 

 

Gross intangibles and other assets

    25,950       23,821  

Accumulated amortization of patents and trademarks

    (10,503     (9,768
   

 

 

   

 

 

 

Intangibles and other assets, net

  $ 15,447     $ 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
September 30,
    Nine Months Ended
September 30,
 
    2012     2011     2012     2011  
    (In thousands)     (In thousands)  

Amortization of Intangibles - excluding impairments or abandonments

  $ 264     $ 333     $ 777     $ 747  
   

 

 

   

 

 

   

 

 

   

 

 

 

 

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

 

         
    Estimated
Amortization
Expense
 
    (In thousands)  

Remainder of 2012

  $ 254  

2013

    1,024  

2014

    913  

2015

    839  

2016

    770  

Thereafter

    2,212  
   

 

 

 

Total

  $ 6,012  
   

 

 

 

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

 

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

Patents in process

  $ 9,239     $ 8,448  
   

 

 

   

 

 

 

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