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Intangible Assets
6 Months Ended
Jun. 30, 2013
Goodwill And Intangible Assets Disclosure [Abstract]  
Intangible Assets

Note 7 – Intangible Assets

Intangible asset activity for the six months ended June 30, 2013 is detailed in the following table.

 

     Capitalized     Patents &           Total Intangible  
     Technology     Trademarks     Other     Assets  

Net balance at December 31, 2012

   $ 4,847      $ 1,642      $ 18      $ 6,507   

Additions—Cronto

     11,924        222        1,098        13,244   

Additions—Other

     0        95        0        95   

Net foreign currency translation

     0        (4     (21     (25

Amortization expense

     (1,018     (45     (29     (1,092
  

 

 

   

 

 

   

 

 

   

 

 

 

Net balance at June 30, 2013

   $ 15,753      $ 1,910      $ 1,066      $ 18,729   
  

 

 

   

 

 

   

 

 

   

 

 

 

June 30, 2013 balance at cost

   $ 29,234      $ 2,136      $ 1,130        32,500   

Accumulated amortization

     (13,481     (226     (64     (13,771
  

 

 

   

 

 

   

 

 

   

 

 

 

Net balance at June 30, 2013

   $ 15,753      $ 1,910      $ 1,066      $ 18,729   
  

 

 

   

 

 

   

 

 

   

 

 

 

Additions-Cronto refers to intangibles acquired in the acquisition of Cronto described above including capitalized technology, trademarks, customer relationships and non-compete agreements.

Certain intangible assets are denominated in local currencies and are subject to currency fluctuations.