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Intangible Assets and Goodwill (Tables)
3 Months Ended
Mar. 31, 2013
Intangible Assets and Goodwill  
Schedule of components of intangible assets

 

 

 

 

 

 

 

 

Weighted

 

 

 

December 31,

 

March 31,

 

Average Useful

 

(in thousands)

 

2012

 

2013

 

Life (in years)

 

 

 

 

 

 

 

 

 

Patents

 

$

1,054

 

$

1,054

 

8.0

 

Less: accumulated amortization

 

(766

)

(798

)

 

 

Patents, net

 

288

 

256

 

 

 

Technological know-how

 

15,141

 

15,021

 

6.1

 

Less: accumulated amortization

 

(4,913

)

(5,631

)

 

 

Technological know-how, net

 

10,228

 

9,390

 

 

 

Customer relationships

 

37,358

 

37,181

 

8.7

 

Less: accumulated amortization

 

(10,793

)

(11,848

)

 

 

Customer relationships, net

 

26,565

 

25,333

 

 

 

Convenants not to compete

 

881

 

861

 

2.0

 

Less: accumulated amortization

 

(517

)

(597

)

 

 

Convenants not to compete, net

 

364

 

264

 

 

 

Strategic marketing agreement

 

6,203

 

6,203

 

10.0

 

Less: accumulated amortization

 

(293

)

(348

)

 

 

Strategic marketing agreement, net

 

5,910

 

5,855

 

 

 

Tradenames

 

843

 

816

 

3.9

 

Less: accumulated amortization

 

(196

)

(243

)

 

 

Tradenames, net

 

647

 

573

 

 

 

Trademarks

 

247

 

247

 

Indefinite

 

Intangible assets, net

 

$

44,249

 

$

41,918

 

 

 

Schedule of estimate of future amortization expense for acquired intangible assets

 

 

(in thousands)

 

 

 

April 1, 2013 to December 31, 2013

 

$

6,137

 

2014

 

7,298

 

2015

 

5,938

 

2016

 

5,685

 

2017

 

5,885

 

Thereafter

 

10,728

 

Total

 

$

41,671

 

Schedule of changes in carrying amounts of goodwill

 

 

 

 

Carrying

 

(in thousands)

 

Amount

 

 

 

 

 

Balance at December 31, 2012

 

$

65,825

 

Foreign exchange translation effect

 

(320

)

Balance at March 31, 2013

 

$

65,505