Goodwill And Other Acquired Intangible Assets

12 Months Ended

Nov. 30, 2011

Goodwill And Other Acquired Intangible Assets [Abstract]

Goodwill And Other Acquired Intangible Assets

8. Goodwill and Other Acquired Intangible Assets

Goodwill

The changes in the carrying amount of goodwill for the fiscal years ended November 30, 2011 and 2010 are as follows (in thousands):


	Goodwill
Balance as of November 30, 2009	$	374,285
Goodwill recorded for the Foresight acquisition		21,717
Goodwill recorded for the Netrics acquisition		3,873
Goodwill recorded for the Kabira acquisition		2,085
Goodwill recorded for the Proginet acquisition		9,664
Goodwill recorded for the OpenSpirit acquisition		5,990
Foreign currency translation		(8,069	)

Balance as of November 30, 2010	$	409,545
Goodwill recorded for the Nimbus acquisition		27,117
Goodwill recorded for the Loyalty Lab acquisition		12,355
Goodwill adjustment for the Loyalty Lab acquisition⁽¹⁾		(389	)
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

(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		4.2 years
Customer base		3 to 9 years		3.7 years
Patents/core technologies		3 to 8 years		3.4 years
Trademarks		2 to 8 years		4.1 years
Maintenance agreements		4 to 9 years		3.8 years

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


	November 30, 2011							November 30, 2010
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Developed technologies	$	146,289	$	(102,034	)	$	44,255	$	129,492	$	(85,589	)	$	43,903
Customer base		56,165		(37,376	)		18,789		49,433		(31,606	)		17,827
Patents/core technologies		27,922		(21,542	)		6,380		27,628		(17,373	)		10,255
Trademarks		9,771		(7,077	)		2,694		8,334		(6,103	)		2,231
Non-compete agreements		580		(580	)		—		1,580		(1,541	)		39
Maintenance agreements		61,677		(38,237	)		23,440		57,915		(29,052	)		28,863

Total intangible assets subject to amortization		302,404		(206,846	)		95,558		274,382		(171,264	)		103,118
In-process research and development		1,700		—			1,700		1,700		—			1,700

Total intangible assets	$	304,104	$	(206,846	)	$	97,258	$	276,082	$	(171,264	)	$	104,818

The estimated future amortization of acquired intangible assets as of November 30, 2011 is as follows (in thousands):


Year ending November 30,
2012	$	28,807
2013		24,705
2014		18,263
2015		13,325
2016		7,677
Thereafter		2,781

Total intangible assets subject to amortization		95,558
In-process research and development		1,700

Total intangible assets, net	$	97,258

- 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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