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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2013
GOODWILL AND INTANGIBLE ASSETS  
Schedule of balance of goodwill and intangible assets, net

The balance of goodwill and intangible assets, net is as follows (in thousands):

 

 

 

June 30,
2013

 

December 31,
2012

 

Goodwill

 

$

486,720

 

$

486,720

 

Accumulated impairment losses

 

(483,088

)

(483,088

)

Net goodwill

 

$

3,632

 

$

3,632

 

Intangible assets with indefinite lives

 

$

10,142

 

$

10,142

 

Intangible assets with definite lives, net

 

603

 

689

 

Total intangible assets, net

 

$

10,745

 

$

10,831

 

Schedule of intangible assets with definite lives

At June 30, 2013, intangible assets with definite lives relate to the following ($ in thousands):

 

 

 

Cost

 

Accumulated
Amortization

 

Net

 

Weighted
Average
Amortization
Life (Years)

 

Purchase agreements

 

$

236

 

$

(188

)

$

48

 

5.0

 

Technology

 

25,194

 

(25,189

)

5

 

3.0

 

Customer lists

 

6,682

 

(6,136

)

546

 

4.2

 

Other

 

1,517

 

(1,513

)

4

 

2.5

 

Total

 

$

33,629

 

$

(33,026

)

$

603

 

 

 

 

At December 31, 2012, intangible assets with definite lives relate to the following ($ in thousands):

 

 

 

Cost

 

Accumulated
Amortization

 

Net

 

Weighted
Average
Amortization
Life (Years)

 

Purchase agreements

 

$

236

 

$

(165

)

$

71

 

5.0

 

Technology

 

25,194

 

(25,158

)

36

 

3.0

 

Customer lists

 

6,682

 

(6,106

)

576

 

4.2

 

Other

 

1,517

 

(1,511

)

6

 

2.5

 

Total

 

$

33,629

 

$

(32,940

)

$

689

 

 

 

Schedule of amortization of intangible assets with definite lives for the next five years

Amortization of intangible assets with definite lives is computed on a straight-line basis and, based on June 30, 2013 balances, such amortization for the next five years is estimated to be as follows (in thousands):

 

 

 

Amount

 

Six months ending December 31, 2013

 

$

61

 

Year ending December 31, 2014

 

86

 

Year ending December 31, 2015

 

60

 

Year ending December 31, 2016

 

60

 

Year ending December 31, 2017

 

60

 

Thereafter

 

276

 

Total

 

$

603