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Goodwill and Intangible Assets
12 Months Ended
Dec. 31, 2013
Goodwill and Intangible Assets

7. Goodwill and Intangible Assets

As of December 31, 2013 and 2012, the carrying amount of goodwill was $28,706 and $24,879, respectively, and resulted from the acquisition of Connect2Field in August 2013 and SageQuest in July 2010. The Company completed its annual impairment test of goodwill on October 31, 2013. No impairment of goodwill was recorded during the years ended December 31, 2013, 2012 and 2011.

 

Intangible assets consisted of the following as of December 31, 2013 and 2012, with gross and net amounts of foreign currency-denominated intangible assets reflected at December 31, 2013 and 2012 exchange rates, respectively:

 

     December 31, 2013  
     Gross
Amount
     Accumulated
Amortization
    Carrying
Value
 

Customer relationships

   $ 11,100       $ (6,155 )    $ 4,945   

Acquired developed technology

     4,338         (1,724 )      2,614   

Trademarks

     400         (359 )      41   

Patent

     248         (83 )      165   
  

 

 

    

 

 

   

 

 

 

Total

   $ 16,086       $ (8,321 )    $ 7,765   
  

 

 

    

 

 

   

 

 

 

 

     December 31, 2012  
     Gross
Amount
     Accumulated
Amortization
    Carrying
Value
 

Customer relationships

   $ 11,100       $ (4,554 )    $ 6,546   

Acquired developed technology

     1,300         (1,104 )      196   

Trademarks

     400         (300 )      100   

Patent

     237         (66 )      171   
  

 

 

    

 

 

   

 

 

 

Total

   $ 13,037       $ (6,024 )    $ 7,013   
  

 

 

    

 

 

   

 

 

 

Amortization expense related to intangible assets was $2,290, $2,332 and $3,349 for the years ended December 31, 2013, 2012 and 2011, respectively. Amortization expense of $631, $383 and $514 for the years ended December 31, 2013, 2012 and 2011, respectively, was included in the cost of subscription revenues in the consolidated statements of operations, and amortization expense of $1,659, $1,949 and $2,835 for the years ended December 31, 2013, 2012 and 2011, respectively, was included in sales and marketing expense in the consolidated statements of operations.

The estimated future amortization expense of intangible assets as of December 31, 2013 is as follows:

 

Years Ending December 31,

      

2014

   $ 2,370   

2015

     2,103   

2016

     1,462   

2017

     706   

2018

     574   

Thereafter

     550   
  

 

 

 

Total

   $ 7,765