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Intangible Assets
12 Months Ended
Dec. 31, 2013
Goodwill And Intangible Assets Disclosure [Abstract]  
Intangible Assets

Note 6 – Intangible Assets

Intangible asset activity for the two years ended December 31, 2013 is detailed in the following table.

 

     Capitalized     Patents &           Total
Intangible
 
     Technology     Trademarks     Other     Assets  

Net balance at December 31, 2011

   $ 6,693      $ 1,361      $ 37      $ 8,091   

Additions-Other

     0        343          343   

Net foreign currency translation

     (17         (17

Amortization expense

     (1,829     (62     (19     (1,910
  

 

 

   

 

 

   

 

 

   

 

 

 

Net balance at December 31, 2012

     4,847        1,642        18        6,507   

Additions-Cronto

     11,937        235        1,085        13,257   

Additions-Other

     0        227        0        227   

Net foreign currency translation

     6        0        61        67   

Amortization expense

     (3,014     (143     (168     (3,325
  

 

 

   

 

 

   

 

 

   

 

 

 

Net balance at December 31, 2013

   $ 13,776      $ 1,961      $ 996      $ 16,733   
  

 

 

   

 

 

   

 

 

   

 

 

 

December 31, 2013 balance at cost

   $ 29,432      $ 2,271      $ 1,210      $ 32,913   

Accumulated amortization

     (15,656     (310     (214     (16,180
  

 

 

   

 

 

   

 

 

   

 

 

 

Net balance at December 31, 2013

   $ 13,776      $ 1,961      $ 996      $ 16,733   
  

 

 

   

 

 

   

 

 

   

 

 

 

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.

 

Expected amortization of the intangible assets for the years ended:

 

December 31, 2014

   $ 4,464   

December 31, 2015

     4,022   

December 31, 2016

     3,078   

December 31, 2017

     2,659   

December 31, 2018

     1,147   

Thereafter

     428   
  

 

 

 

Subject to amortization

     15,798   

Trademarks

     935   
  

 

 

 

Total intangible assets

   $ 16,733