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ACQUIRED TECHNOLOGY RIGHTS
3 Months Ended
Mar. 31, 2012
ACQUIRED TECHNOLOGY RIGHTS [Abstract]  
ACQUIRED TECHNOLOGY RIGHTS
NOTE 6-ACQUIRED TECHNOLOGY RIGHTS
 
Acquired technology rights are comprised of customer relationships, licenses to technology covered by patents owned by third parties or patents acquired by the Company and are amortized over the expected useful lives of these assets, which range from one to fifteen years. Acquired technology rights, net of accumulated amortization, as of March 31, 2012 and December 31, 2011 are as follows (in thousands):
 
   
March 31,
  
December 31,
 
   
2012
  
2011
 
Carrying value
 $114,328  $113,695 
Less: accumulated amortization
  (86,992)  (84,170)
Net acquired technology rights
 $27,336  $29,525 
 
The expected future annual amortization expense of the Company's acquired technology rights is as follows (in thousands):
 
   
Amortization
 
For the Year Ending December 31,
 
Expense
 
2012, remainder thereof
 $8,283 
2013
  8,644 
2014
  6,702 
2015
  1,364 
2016
  525 
Thereafter
  1,818 
Total
 $27,336