Intangible Assets and Goodwill

6 Months Ended

Jun. 30, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

The carrying amounts of the intangible assets other than goodwill as of June 30, 2015 and December 31, 2014 are as follows (in thousands, except years):



	June 30, 2015							December 31, 2014							Weighted Average Useful Life (Years)
	Cost		Accumulated Amortization			Net		Cost		Accumulated Amortization			Net		Weighted Average Useful Life (Years)
Developed and core technology	$	145,892	$	(117,508	)	$	28,384	$	145,929	$	(112,169	)	$	33,760	6
Other Intangible Assets:
Customer relationships	45,178		(41,477		)	3,701		45,178		(39,766		)	5,412		5
All other⁽ⁱ⁾	19,144		(15,567		)	3,577		19,145		(15,156		)	3,989		4-9
Total other intangible assets	64,322		(57,044		)	7,278		64,323		(54,922		)	9,401
Total intangible assets, net	$	210,214	$	(174,552	)	$	35,662	$	210,252	$	(167,091	)	$	43,161

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(i)	All other includes vendor relationships, trade names, covenants not to compete, and patents.

Total amortization expense related to intangible assets was $3.6 million and $4.7 million for the three months ended June 30, 2015 and 2014, respectively and $7.5 million and $10.2 million for the six months ended June 30, 2015 and 2014, respectively. Certain intangible assets were recorded in foreign currencies; and therefore, the gross carrying amount and accumulated amortization are subject to foreign currency translation adjustments.

As of June 30, 2015, the amortization expense related to identifiable intangible assets in future periods is expected to be as follows (in thousands):



	Acquired Technology		Other Intangible Assets ⁽ⁱⁱ⁾		Total Intangible Assets
Remaining 2015	$	5,030	$	2,180	$	7,210
2016	8,888		2,450		11,338
2017	6,874		1,152		8,026
2018	4,758		729		5,487
2019	2,332		449		2,781
Thereafter	502		318		820
Total expected amortization expense	$	28,384	$	7,278	$	35,662

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(ii)	Other Intangible Assets includes customer relationships, vendor relationships, trade names, covenants not to compete, and patents.

The changes in the carrying amount of goodwill for the six months ended June 30, 2015 are as follows (in thousands):



	June 30, 2015
Beginning balance as of December 31, 2014	$	551,196
Subsequent goodwill adjustments	(5,528		)
Ending balance as of June 30, 2015	$	545,668

During the six months ended June 30, 2015, the Company recorded subsequent goodwill net reductions of $5.5 million related to foreign currency translation adjustments. The goodwill is partially deductible for tax purposes. See Note 13. Acquisitions of Notes to Condensed Consolidated Financial Statements in Part I, Item 1 of this Report for a further discussion of goodwill from acquisitions.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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