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INTANGIBLE ASSETS - NET
12 Months Ended
Dec. 31, 2012
INTANGIBLE ASSETS - NET

NOTE 8. INTANGIBLE ASSETS - NET

The following table summarizes our Company’s intangible assets, by major asset class:

 

     December 31, 2012  
(In US$ thousands)    Gross carrying
amount
     Accumulated
amortization
     Net  

Finite-lived intangible assets

        

Completed technology

   $ 2,603       $ 2,603       $ —     

Capitalized software development cost

     3,480         1,414         2,066   

Customer relationships

     6,274         4,880         1,394   

Other

     137         133         4   
  

 

 

    

 

 

    

 

 

 
     12,494         9,030         3,464   

Indefinite-lived intangible assets

        

Trade name and trademark

     12,211         —           12,211   
  

 

 

    

 

 

    

 

 

 
   $ 24,705       $ 9,030       $ 15,675   
  

 

 

    

 

 

    

 

 

 
     December 31, 2011  
(In US$ thousands)    Gross carrying
amount
     Accumulated
amortization
     Net  

Finite-lived intangible assets

        

Completed technology

   $ 2,497       $ 2,140       $ 357   

Capitalized software development cost

     7,525         6,112         1,413   

Customer relationships

     6,017         4,011         2,006   

Other

     206         159         47   
  

 

 

    

 

 

    

 

 

 
     16,245         12,422         3,823   

Indefinite-lived intangible assets

        

Trade name and trademark

     11,711         —           11,711   
  

 

 

    

 

 

    

 

 

 
   $ 27,956       $ 12,422       $ 15,534   
  

 

 

    

 

 

    

 

 

 

 

The finite-lived intangible assets are amortized over their estimated useful lives ranging from 3 to 9 years, with the overall weighted-average life of 5.5 years.

For the years ended December 31, 2010, 2011 and 2012, total amortization expense of intangible assets were $2.7 million, $2.3 million and $2.2 million, respectively, which includes amortization of capitalized software development costs of $1.5 million, $962 thousand and $1.1 million. As of December 31, 2012, based on the current amount of intangibles subject to amortization, the estimated amortization expense for each of the following years is as follows:

 

(In US$ thousands)    Amount  

2013

   $ 1,389   

2014

     1,386   

2015

     689   
  

 

 

 
   $ 3,464