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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2011
Changes to the Carrying Amount of Goodwill by Reporting Segments

The following table presents changes to the carrying amount of goodwill by reporting segment during the six months ended June 30, 2011 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research

 

Consulting

 

Events

 

Total

 

 

 


 


 


 


 

Balance, December 31, 2010

 

$

368,521

 

$

99,817

 

$

41,927

 

$

510,265

 

Foreign currency translation adjustments

 

 

4,862

 

 

798

 

 

102

 

 

5,762

 

 

 



 



 



 



 

Balance, June 30, 2011 (1)

 

$

373,383

 

$

100,615

 

$

42,029

 

$

516,027

 

 

 



 



 



 



 


 

 

 


 

(1)

The Company did not record any goodwill impairment losses during the six months ended June 30, 2011. In addition, the Company does not have any accumulated goodwill impairment losses.

Carrying Amount of Amortizable Intangible Assets

The following tables present the carrying amounts of amortizable intangible assets as of June 30, 2011 and December 31, 2010 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2011

 

Content

 

Trade Name

 

Customer
Relationships

 

Total

 


 


 


 


 


 

Gross cost

 

$

10,634

 

$

5,758

 

$

7,210

 

$

23,602

 

Accumulated amortization

 

 

(10,634

)

 

(1,727

)

 

(2,704

)

 

(15,065

)

 

 



 



 



 



 

Net

 

$

 

$

4,031

 

$

4,506

 

$

8,537

 

 

 



 



 



 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2010

 

Content

 

Trade Name

 

Customer
Relationships

 

Total

 


 


 


 


 


 

Gross cost

 

$

10,634

 

$

5,758

 

$

7,210

 

$

23,602

 

Accumulated amortization

 

 

(7,089

)

 

(1,152

)

 

(1,777

)

 

(10,018

)

 

 



 



 



 



 

Net

 

$

3,545

 

$

4,606

 

$

5,433

 

$

13,584

 

 

 



 



 



 



Useful Life of Amortizable Intangible Assets Charged Against Earnings

The Company’s amortizable intangible assets are charged against earnings over the following periods:

 

 

 

 

 

 

 

 

 

 

 

 

 

Content

 

Trade
Name

 

Customer
Relationships

 

 

 


 


 


 

Useful Life (Years)

 

 

1.5

 

 

5

 

 

4

Estimated Future Amortization Expense by Year from Amortizable Intangibles

The estimated future amortization expense by year from amortizable intangibles is as follows (in thousands):

 

 

 

 

 

2011 (remaining six months)

 

$

1,483

 

2012

 

 

2,955

 

2013

 

 

2,955

 

2014

 

 

1,144

 

 

 



 

 

 

$

8,537