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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2013
Goodwill And Intangible Assets Disclosure [Abstract]  
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 Reportable Segments

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

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

Estimated Amortization Expense

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