Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets (Tables)

v2.4.1.9
Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2014
Goodwill and Other Intangible Assets [Abstract]  
Schedule of Changes in the Carrying Amount of Goodwill

Changes in the carrying amount of the Company's goodwill for the years ended December 31, 2014 and 2013 are as follows:

 

  2014   2013
  (U.S. $ in millions)
Goodwill as of January 1   $ 1,195.9   $ 822.5
Goodwill impairment charges   (102.5)   -
Goodwill acquired   233.3   372.0
Translation differences   (3.2)   1.4
Goodwill as of December 31   $ 1,323.5   $ 1,195.9

   
Schedule of Other Intangible Assets

Other intangible assets consisted of the following:

 

  December 31, 2014    December 31, 2013  
  Gross   Gross
  Carrying   Accumulated   Carrying   Accumulated
  Amount   Amortization   Amount   Amortization
(U.S. $ in thousands)
Developed technology     $ 497,416   $ 106,466   $ 447,842   $ 54,029
Patents     15,209   8,136   14,065   6,523
Trademarks and trade names     60,046   9,519   59,019   3,817
Customer relationships     148,338   26,219   100,679   10,793
Non-compete agreements     10,843   3,952   10,354   1,249
Capitalized software development costs     17,290   14,423   16,612   13,828
In process research and development     17,476   -   63,998   -
    766,618 $ 168,715   712,569 $ 90,239
Accumulated amortization     168,715     90,239  
Net book value of other intangible assets     $ 597,903     $ 622,330  
Schedule of Estimated Amortization Expense Relating to Intangible Assets

As of December 31, 2014, estimated amortization expense relating to intangible assets currently subject to amortization for each of the next five years and thereafter was as follows:

 

U.S. $ in thousands
Year ending December 31,
2015 $ 88,095
2016 85,499
2017 83,742
2018 77,836
2019 71,910
Thereafter 173,345
Total $ 580,427