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Goodwill and Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill

The changes in the carrying amount of goodwill and accumulated impairment (loss) during the six months ended June 30, 2015 and year ended December 31, 2014 were as follows:

 

     Six Months Ended June 30,     Twelve Months Ended December 31,  
     2015     2014  
     Gross
Carrying
Amount		     Accumulated
Impairment
(Loss)		     Net     Gross
Carrying
Amount		     Accumulated
Impairment
(Loss)		     Net  

Beginning balance at January 1

    $ 331,795      $ (139,414 )    $ 192,381      $ 290,323      $ (139,414 )    $ 150,909   

Acquired goodwill(1)

      8,017        —          8,017        41,993        —          41,993   

Foreign currency translation

      (186 )      —          (186 )      (521 )      —          (521 ) 
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Ending balance at June 30, 2015 and December 31, 2014

    $ 339,626      $ (139,414 )    $ 200,212      $ 331,795      $ (139,414 )    $ 192,381   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

 

(1) During 2015, the Company recorded $7,042 of goodwill related to the March 17, 2015 acquisition of Precisive. During the second quarter of 2015, the Company recorded a purchase accounting adjustment of $975 primarily related to an inventory valuation adjustment related to the May 30, 2014 acquisition of GP. During the second quarter of 2014, the Company recorded $41,612 of goodwill related to the acquisition of GP. During the first quarter of 2014, the Company recorded a purchase accounting adjustment of $381 related to the March 12, 2013 purchase of Alter S.r.l.
Intangible Assets

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

 

As of June 30, 2015:

    Gross      Accumulated
Amortization		      Foreign
Currency
Translation		      Net  

Completed technology(1)

    $ 101,200       $ (81,101 )     $ (63 )     $ 20,036   

Customer relationships(1)

      37,251         (14,527 )       171         22,895   

Patents, trademarks, trade names and other(1)

      30,396         (25,551 )       46         4,891   
  

 

 

     

 

 

     

 

 

     

 

 

  
   $ 168,847       $ (121,179 )     $ 154       $ 47,822   
  

 

 

     

 

 

     

 

 

     

 

 

  

 

(1) During the three months ended March 31, 2015, the Company recorded $5,110 of separately identified intangible assets related to the Precisive acquisition, of which $820 was completed technology, $1,430 was customer relationships and $2,860 was patents, trademarks, trade names and other.

 

As of December 31, 2014:

    Gross      Accumulated
Amortization		      Foreign
Currency
Translation		      Net  

Completed technology(1)

    $ 100,380       $ (79,875 )     $ 135       $ 20,640   

Customer relationships(1)

      35,821         (12,634 )       280         23,467   

Patents, trademarks, trade names and other(1)

      27,536         (25,290 )       36         2,282   
  

 

 

     

 

 

     

 

 

     

 

 

  
   $ 163,737       $ (117,799 )     $ 451       $ 46,389   
  

 

 

     

 

 

     

 

 

     

 

 

  

 

(1) During 2014, the Company recorded $38,850 of separately identified intangible assets related to the May 30, 2014 acquisition of GP, of which $15,700 was completed technology, $21,250 was customer relationships and $1,900 was patents, trademarks, trade names and other.
Estimated Amortization Expense

Estimated amortization expense for each of the remaining fiscal years is as follows:

 

Year

    Amount  

2015 (remaining)

    $ 3,399   

2016

      6,696   

2017

      6,624   

2018

      6,608   

2019

      6,595   

2020

      6,510   

Thereafter

      11,390