XML 70 R10.htm IDEA: XBRL DOCUMENT v2.4.0.8
Intangibles and Other Assets
9 Months Ended
Sep. 30, 2014
Text Block [Abstract]  
Intangibles and Other Assets
5. INTANGIBLES AND OTHER ASSETS

Intangible amounts have been impacted by the Company’s change in accounting method for the treatment of external patent and trademark costs. The Company no longer capitalizes external legal, filing, and continuation or annuity fees associated with patent and trademark applications. Under the current method of accounting, these types of external patent-related costs are expensed as incurred and classified as general and administrative expenses in the Company’s condensed consolidated statement of income consistent with the treatment of internal legal expenses. Costs associated with purchased patents and other purchased intangible assets continue to be capitalized as incurred. See Note 1 to the condensed consolidated financial statements for additional information regarding this change in accounting method.

 

     September 30,     December 31,  
     2014     2013  
     (In thousands)  

Purchased patents and other purchased intangible assets

   $ 5,731      $ 5,731   

Other assets

     262        289   
  

 

 

   

 

 

 

Gross intangibles and other assets

     5,993        6,020   

Accumulated amortization of purchased patents and other purchased intangible

     (5,694     (5,639
  

 

 

   

 

 

 

Intangibles and other assets, net

   $ 299      $ 381   
  

 

 

   

 

 

 

 

The Company amortizes its intangible assets related to purchased patents, over their estimated useful lives, generally 10 years from the purchase date. Amortization of intangibles was as follows:

 

     Three Months Ended      Nine Months Ended  
     September 30,      September 30,  
     2014      2013      2014      2013  
     (In thousands)      (In thousands)  

Amortization of intangibles

   $ 15       $ 20       $ 55       $ 60   
  

 

 

    

 

 

    

 

 

    

 

 

 

The table below includes estimated remaining annual amortization expense for purchased patents as of September 30, 2014.

 

     Estimated
Amortization
Expense
 
     (In thousands)  

Remainder of 2014

   $ 11   

2015

     20   

2016

     6   
  

 

 

 

Total

   $ 37