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Intangibles and Other Assets
6 Months Ended
Jun. 30, 2013
Text Block [Abstract]  
Intangibles and Other Assets

6. INTANGIBLES AND OTHER ASSETS

 

     June 30,     December 31,  
     2013     2012  
     (In thousands)  

Patents and trademarks

   $ 27,620      $ 26,206   

Other assets

     206        192   
  

 

 

   

 

 

 

Gross intangibles and other assets

     27,826        26,398   

Accumulated amortization of patents and trademarks

     (11,251     (10,673
  

 

 

   

 

 

 

Intangibles and other assets, net

   $ 16,575      $ 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      Six Months Ended  
     June 30,      June 30,  
     2013      2012      2013      2012  
     (In thousands)      (In thousands)  

Amortization of Intangibles-excluding impairments or abandonments

   $ 319       $ 272       $ 617       $ 514   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

The table below includes estimated remaining annual amortization expense for issued patents and trademarks as of June 30, 2013.

 

     Estimated
Amortization
Expense
 
     (In thousands)  

Remainder of 2013

   $ 619   

2014

     1,136   

2015

     1,030   

2016

     940   

2017

     814   

Thereafter

     2,394   
  

 

 

 

Total

   $ 6,933   
  

 

 

 

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

 

     June 30,      December 31,  
     2013      2012  
     (In thousands)  

Patents in process

   $ 9,436       $ 9,270   
  

 

 

    

 

 

 

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