v2.4.0.6

Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2012

Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the years ended December 31, 2012 and 2011 are as follows (in thousands):

		2012				2011
Balance as of beginning of year		$	44,668			$	28,354
Goodwill acquired during the year			11,061				16,482
Currency translation effect on foreign goodwill balances			595				(168	)
Balance as of end of year		$	56,324			$	44,668

Other Intangible Assets, Changes in Net Carrying Amount

For other intangible assets the changes in the net carrying amount for the years December 31, 2012 and 2011 were as follows (in thousands):

		For the Year Ended December 31, 2012								For the Year Ended December 31, 2011
		Gross Amount				Accumulated Amortization				Gross Amount				Accumulated Amortization
Other intangible assets, beginning		$	34,256			$	(1,206	)		$	3,147			$	(188	)
Intangible assets acquired during the period			20,369				—				31,106				—
Amortization expense			—				(2,787	)			—				(1,018	)
Foreign currency translation effect on balances			282				(22	)			3				—
Other intangible assets, ending		$	54,907			$	(4,015	)		$	34,256			$	(1,206	)

Components of Other Intangible Assets

The components of other intangible assets were as follows (in thousands):

December 31, 2012		Estimated Life (Years)		Gross Carrying Amount				Accumulated Amortization				Net
Non-compete agreements		5		$	540			$	(77	)		$	463
Dealer/customer related		7			14,702				(1,650	)			13,052
Developed technology		5-7			12,974				(2,288	)			10,686
Total amortizable					28,216				(4,015	)			24,201
Non-amortizable—brand/trade names					26,691				—				26,691
Total other intangible assets, net				$	54,907			$	(4,015	)		$	50,892
December 31, 2011		Estimated Life (Years)		Gross Carrying Amount				Accumulated Amortization				Net
Non-compete agreements		5		$	240			$	(24	)		$	216
Dealer/customer related		7			8,013				(366	)			7,647
Developed technology		7			8,625				(816	)			7,809
Total amortizable					16,878				(1,206	)			15,672
Non-amortizable—brand/trade names					17,378				—				17,378
Total other intangible assets, net				$	34,256			$	(1,206	)		$	33,050

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Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

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- Definition

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+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 142

-Paragraph 45

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



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-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 142

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



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