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Intangibles and Other Assets
3 Months Ended
Mar. 31, 2013
Intangibles and Other Assets [Abstract]  
INTANGIBLES AND OTHER ASSETS

6. INTANGIBLES AND OTHER ASSETS

 

                 
    March 31,     December 31,  
    2013     2012  
    (In thousands)  
                 

Patents and trademarks

  $ 27,057     $ 26,206  

Other assets

    192       192  
   

 

 

   

 

 

 
     

Gross intangibles and other assets

    27,249       26,398  

Accumulated amortization of patents and trademarks

    (10,978     (10,673
   

 

 

   

 

 

 

Intangibles and other assets, net

  $ 16,271     $ 15,725  
   

 

 

   

 

 

 

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 abandonments or impairments was as follows:

 

                 
      Three Months Ended  
    March 31,  
    2013     2012  
    (In thousands)  

Amortization of Intangibles - excluding abandonments or impairments

  $ 298     $ 242  
   

 

 

   

 

 

 

 

The table below includes estimated remaining annual amortization expense for issued patents and trademarks as of March 31, 2013.

 

                 
                 
    Estimated
Amortization
Expense
 
    (In thousands)  

 

Remainder of 2013

 

 

$

 

885

 

  

     

2014

    1,075        

2015

    968        

2016

    882        

2017

    756        

Thereafter

    2,102        
   

 

 

       

Total

  $ 6,668        
   

 

 

       

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

 

                             
                             
    March 31,   December 31,  
    2013   2012  
    (In thousands)  

 

Patents in process

 

 

$

 

9,411

 

  

     

 

$

 

9,270

 

  

     
   

 

 

     

 

 

     

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