v2.4.0.8
Intangible Assets
6 Months Ended
Jun. 30, 2013
Intangible Assets [Abstract]  
Intangible Assets

(5)  Intangible Assets

 

Intangible assets other than goodwill at June 30, 2013 and December 31, 2012 were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2013

 

2012

 

 

(in thousands)

 

Gross

 

Accumulated Amortization

 

Net

 

Gross

 

Accumulated Amortization

 

Net

 

Useful Life (in years)

Intangible assets with finite lives:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Licenses

 

$

5,875 

 

$

(5,875)

 

$

 —

 

$

5,875 

 

$

(5,875)

 

$

 —

 

 

Patent costs

 

 

30,335 

 

 

(14,306)

 

 

16,029 

 

 

27,635 

 

 

(14,047)

 

 

13,588 

 

6 - 7

Acquired technology

 

 

26,201 

 

 

(12,599)

 

 

13,602 

 

 

26,262 

 

 

(11,852)

 

 

14,410 

 

5 - 10

Internally developed software

 

 

17,847 

 

 

(12,143)

 

 

5,704 

 

 

17,847 

 

 

(11,424)

 

 

6,423 

 

5

Customer relationships

 

 

89,587 

 

 

(12,011)

 

 

77,576 

 

 

60,329 

 

 

(7,754)

 

 

52,575 

 

5 - 13

Non-compete agreements

 

 

15,087 

 

 

(5,203)

 

 

9,884 

 

 

14,051 

 

 

(3,836)

 

 

10,215 

 

3 - 11

Trade names

 

 

8,529 

 

 

(1,375)

 

 

7,154 

 

 

5,814 

 

 

(723)

 

 

5,091 

 

2 - 10

Other

 

 

11,206 

 

 

(3,636)

 

 

7,570 

 

 

6,356 

 

 

(3,051)

 

 

3,305 

 

<1 - 7

Intangibles with indefinite lives:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks

 

 

2,110 

 

 

 —

 

 

2,110 

 

 

2,770 

 

 

 

 

2,770 

 

N/A

Total intangible assets

 

$

206,777 

 

$

(67,148)

 

$

139,629 

 

$

166,939 

 

$

(58,562)

 

$

108,377 

 

<1 - 13

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the six months ended June 30, 2013 and 2012, the Company capitalized $1,313 and $389, respectively, of costs incurred to acquire, develop and extend patents in the United States and various other countries.

 

Amortization expense for intangible assets for the quarter and six months ended June 30, 2013 was $5,084 and $8,896, respectively, compared to $3,021 and $6,440, respectively, for the quarter and six months ended June 30, 2012.

 

Annual amortization expense for intangible assets for 2013, 2014, 2015, 2016 and 2017 is expected to be $11,034, $18,613,  $16,756, $14,889 and $13,481, respectively.