Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Goodwill and Other Intangible Assets

v2.4.0.8
Goodwill and Other Intangible Assets
6 Months Ended
Jun. 30, 2013
Goodwill and Other Intangible Assets [Abstract]  
Goodwill and Other Intangible Assets

Note 4. Goodwill and Other Intangible Assets

Goodwill

Changes in the carrying amount of the Company's goodwill for the six months ended June 30, 2013, are as follows (in thousands):

  Carrying
  Amount
Balance at December 31, 2012 $       822,475  
Effect of currency translation   (12 )
Balance at June 30, 2013 $ 822,463  

Other Intangible Assets

Other intangible assets consisted of the following (in thousands):

    June 30, 2013   December 31, 2012
    Gross         Gross      
    Carrying   Accumulated   Carrying   Accumulated
        Amount       Amortization       Amount       Amortization
Developed technology   $       385,760   $       29,292   $       385,735   $       9,058
Capitalized software development costs     16,163     13,431     15,831     12,996
Patents     13,808     5,732     13,533     4,952
Trademarks and trade names     16,870     1,478     16,877     592
Customer relationships     77,779     4,977     77,779     1,172
Non-compete agreement     350     253     350     194
In-process research and development     29,231     -     29,231     -
      539,961   $ 55,163     539,336   $ 28,964
Accumulated amortization     55,163           28,964      
Net book value of amortizable intangible assets   $ 484,798         $ 510,372      

Changes in the gross carrying amount of our other intangible assets for the six months ended June 30, 2013, are as follows (in thousands):

  Gross
  Carrying
  Amount
Balance at December 31, 2012 $       539,336
Patents, trademarks and capitalized software   625
Balance at June 30, 2013 $ 539,961

Amortization expense for the three month periods ended June 30, 2013 and 2012 was $13.1 million and $1.1 million, respectively. Amortization expense for the six month periods ended June 30, 2013 and 2012 was $26.2 million and $2.3 million, respectively.

Estimated amortization expense, for all intangible assets, for the five years subsequent to December 31, 2012 is as follows (in thousands):

Year ending December 31,      
2013   $       52,468
2014     54,022
2015     54,166
2016     54,023
2017   $ 53,551