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Intangible Assets
6 Months Ended
Jun. 30, 2014
Intangible Assets [Abstract]  
Intangible Assets

(5)  Intangible Assets

 

Intangible assets other than goodwill at June 30, 2014 and December 31, 2013 were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

2013

 

 

 

 

(in thousands)

Gross

 

Accumulated Amortization

 

Net

 

Gross

 

Accumulated Amortization

 

Net

 

Useful Life (in years)

 

Weighted Average Useful Life Remaining (in years)

Intangible assets with finite lives:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Licenses

$

5,875 

 

$

(5,875)

 

$

 —

 

$

5,875 

 

$

(5,875)

 

$

 —

 

 

 

 

Patent costs

 

22,211 

 

 

(7,195)

 

 

15,016 

 

 

21,545 

 

 

(5,960)

 

 

15,585 

 

6 - 7

 

3

Acquired technology

 

44,591 

 

 

(15,410)

 

 

29,181 

 

 

30,095 

 

 

(13,615)

 

 

16,480 

 

5 - 10

 

5

Internally developed software

 

17,862 

 

 

(13,583)

 

 

4,279 

 

 

18,097 

 

 

(12,863)

 

 

5,234 

 

5

 

<1

Customer relationships

 

113,067 

 

 

(28,021)

 

 

85,046 

 

 

95,793 

 

 

(18,283)

 

 

77,510 

 

5 - 13

 

5

Non-compete agreements

 

21,010 

 

 

(8,758)

 

 

12,252 

 

 

16,848 

 

 

(6,666)

 

 

10,182 

 

3 - 11

 

3

Trade names

 

10,708 

 

 

(3,459)

 

 

7,249 

 

 

9,302 

 

 

(2,211)

 

 

7,091 

 

2 - 10

 

3

Other

 

23,668 

 

 

(4,818)

 

 

18,850 

 

 

11,598 

 

 

(4,081)

 

 

7,517 

 

<1 - 7

 

2

Intangibles with indefinite lives:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks

 

5,910 

 

 

 —

 

 

5,910 

 

 

2,110 

 

 

 

 

2,110 

 

N/A

 

N/A

Total intangible assets

$

264,902 

 

$

(87,119)

 

$

177,783 

 

$

211,263 

 

$

(69,554)

 

$

141,709 

 

<1 - 13

 

4

 

For the six months ended June 30, 2014 and 2013, the Company capitalized $382 and $1,313, 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, 2014 was $8,211 and $17,414, respectively, compared to $5,084 and $8,896, respectively, for the quarter and six months ended June 30, 2013.

 

Annual amortization expense for intangible assets for 2014, 2015, 2016, 2017 and 2018 is expected to be $33,517,  $24,496,  $21,784,  $18,886 and $14,024, respectively.