Goodwill and Intangible Assets

12 Months Ended

Dec. 31, 2013

Goodwill And Intangible Assets Disclosure [Abstract]

11)

Goodwill and Intangible Assets

Goodwill

The changes in the carrying amount of goodwill and accumulated impairment losses were as follows:


	2013							2012
	Gross Carrying Amount		Accumulated Impairment Loss			Net		Gross Carrying Amount		Accumulated Impairment Loss			Net
Beginning balance at January 1	$	290,147	$	(139,414	)	$	150,733	$	279,498	$	(139,414	)	$	140,084
Acquired goodwill(1)		—		—			—		9,989		—			9,989
Foreign currency translation		176		—			176		660		—			660

Ending balance at December 31	$	290,323	$	(139,414	)	$	150,909	$	290,147	$	(139,414	)	$	150,733

(1)	On August 29, 2012, the Company purchased Plasmart, Inc. for $22,607, net of cash acquired. The Company recorded $9,989 of goodwill in connection with the acquisition.

Goodwill associated with each of our reportable segments is as follows:


	Years Ended December 31,
	2013		2012
Reportable segment:
Advanced Manufacturing Capital Equipment	$	142,241	$	142,065
Analytical Solutions Group		8,668		8,668
Europe Region Sales & Service		—		—
Asia Region Sales & Service		—		—

Total goodwill	$	150,909	$	150,733

Intangible Assets

The Company is required to test certain long-lived assets when indicators of impairment are present. For the purposes of the impairment test, long-lived assets are grouped with other assets and liabilities at the lowest level for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities. There were no intangible asset impairment charges in 2013, 2012 or 2011.

Components of the Company’s acquired intangible assets are comprised of the following:


As of December 31, 2013	Gross		Accumulated Amortization			Foreign Currency Translation		Net
Completed technology(1)	$	84,680	$	(78,072	)	$	519	$	7,127
Customer relationships		14,571		(9,831	)		454		5,194
Patents, trademarks, trade names and other(1)		25,636		(24,951	)		84		769

	$	124,887	$	(112,854	)	$	1,057	$	13,090

(1)

In August 2013, the Company purchased $268 of net assets of which $388 was completed technology. In March 2013, the Company purchased Alter for $2,426, net of cash acquired. The Company recorded $2,806 of separately identified intangible assets, of which $2,208 was completed technology and $598 was trademarks and trade names.


As of December 31, 2012	Gross		Accumulated Amortization			Foreign Currency Translation		Net
Completed technology(1)	$	82,084	$	(77,243	)	$	254	$	5,095
Customer relationships(1)		14,571		(8,886	)		312		5,997
Patents, trademarks, trade names and other(1)		25,038		(24,587	)		18		469

	$	121,693	$	(110,716	)	$	584	$	11,561

(1)	On August 29, 2012, the Company purchased Plasmart for $22,607, net of cash acquired. The Company recorded $10,745 of separately identified intangible assets, of which $5,029 was completed technology, $5,381 was customer relationships and $335 was trade names

Aggregate amortization expense related to acquired intangible assets for the years 2013, 2012 and 2011 was $2,139, $1,036 and $1,015, respectively.


Year	Amount
2014	$	1,800
2015		1,784
2016		1,601
2017		1,570
2018		1,561
Thereafter		4,774

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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