Goodwill and Other Acquired Intangible Assets

12 Months Ended

Nov. 30, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Acquired Intangible Assets

Goodwill

The changes in the carrying amount of goodwill for the fiscal years ended November 30, 2012 and 2011 are as follows (in thousands):



	Goodwill
Balance as of November 30, 2010	$	409,545
Goodwill recorded for the Nimbus acquisition	27,117
Goodwill recorded for the Loyalty Lab acquisition	11,966
Goodwill adjustment for the OpenSpirit acquisition⁽¹⁾	(689		)
Goodwill adjustment for the Proginet acquisition⁽¹⁾	205
Goodwill adjustment for the Kabira acquisition⁽¹⁾	464
Foreign currency translation	3,213
Balance as of November 30, 2011	$	451,821
Goodwill recorded for the LogLogic acquisition	73,460
Goodwill adjustment for the Nimbus acquisition⁽¹⁾	1,077
Goodwill recorded for other business combination	801
Foreign currency translation	5,131
Balance as of November 30, 2012	$	532,290


(1)	Pursuant to the business combinations accounting guidance, we record goodwill adjustments for the effect on goodwill changes to net assets acquired during the measurement period (up to one year from the date of an acquisition). Goodwill adjustments were not significant to our previously reported operating results or financial position.

Acquired Intangible Assets

Our acquired intangible assets are subject to amortization on a straight line basis over their estimated useful lives as follows:



	Estimated Life	Weighted Average Remaining Life
Developed technologies	4 to 9 years	4.3 years
Customer base	4 to 9 years	3.5 years
Patents/core technologies	5 to 7 years	2.9 years
Trademarks	4 to 8 years	5.1 years
Maintenance agreements	4 to 9 years	5.0 years

The carrying values of our amortized acquired intangible assets are as follows (in thousands):



	November 30, 2012							November 30, 2011
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Developed technologies	$	182,152	$	(118,992	)	$	63,160	$	146,289	$	(102,034	)	$	44,255
Customer base	59,525		(43,328		)	$	16,197	56,165		(37,376		)	18,789
Patents/core technologies	28,295		(24,198		)	$	4,097	27,922		(21,542		)	6,380
Trademarks	12,777		(8,251		)	$	4,526	9,771		(7,077		)	2,694
Non-compete agreements	580		(580		)	$	—	580		(580		)	—
Maintenance agreements	83,762		(48,481		)	$	35,281	61,677		(38,237		)	23,440
In-process research and development	—		—			$	—	1,700		—			$	1,700
Total intangible assets	$	367,091	$	(243,830	)	$	123,261	$	304,104	$	(206,846	)	$	97,258

In fiscal year 2012, in-process research and development was reclassified into developed technologies as the development of the technology was completed and the related product released.

The estimated future amortization of acquired intangible assets as of November 30, 2012 is as follows (in thousands):



Year Ended November 30,
2013	$	34,942
2014	28,317
2015	23,316
2016	17,660
2017	11,772
Thereafter	7,254
Total intangible assets, net	$	123,261

- 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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