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Intangible Assets
9 Months Ended
Sep. 30, 2011
Intangible Assets [Abstract] 
Intangible Assets

4. Intangible Assets

The Company's amortizable purchased intangible assets resulting from its acquisition of Enfora are composed of (in thousands):

 

     September 30, 2011      December 31, 2010  
     Gross      Purchase
Price
Adjustment  (i)
    Adjusted Gross      Accumulated
Amortization
    Net      Gross      Accumulated
Amortization
    Net  

Developed technology

   $ 29,200       $ (3,200   $ 26,000       $ (3,201   $ 22,799       $ 29,200       $ (371   $ 28,829   

Trade name

     12,800         0        12,800         (1,067     11,733         12,800         (107     12,693   

Other

     2,220         1,500        3,720         (1,409     2,311         2,220         (356     1,864   
  

 

 

    

 

 

   

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Total amortizable purchased intangible assets

   $ 44,220       $ (1,700   $ 42,520       $ (5,677   $ 36,843       $ 44,220       $ (834   $ 43,386   
  

 

 

    

 

 

   

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

 

(i) During the three months ended September 30, 2011, the Company corrected its purchase price allocations related to the 2010 Enfora acquisition (see Note 1). The net impact of the correction was a $1.7 million decrease to the purchased intangible assets and a corresponding increase to goodwill (see Note 5). Amortization expense for the third quarter of 2011 was reduced by $173,000 to correct for the impact to accumulated amortization resulting from the corrections to the purchased intangible assets.

The following table presents details of the amortization of purchased intangible assets of Enfora included in the cost of net revenues and operating costs and expenses categories (in thousands):

 

     Three Months Ended
September 30,
     Nine Months Ended
September 30,
 
     2011      2010      2011      2010  

Cost of net revenues

   $ 705       $ 0       $ 3,144       $ 0   

General and administrative expenses

     644         0         1,699         0   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total amortization expense

   $ 1,349       $ 0       $ 4,843       $ 0   
  

 

 

    

 

 

    

 

 

    

 

 

 

The following table presents details of the amortization of existing amortizable purchased intangible assets of Enfora that is currently estimated to be expensed in the remainder of 2011 and thereafter (in thousands):

 

Fiscal year:

   Amount  

2011 (remaining 3 months)

   $ 1,481   

2012

     5,571   

2013

     5,333   

2014

     5,333   

2015

     5,226   

2016

     4,053   

Thereafter

     9,846   
  

 

 

 

Total

   $ 36,843   
  

 

 

 

Additionally, at September 30, 2011 and December 31, 2010, the Company had $409,000 and $879,000, respectively, of acquired software licenses, net, representing rights to use certain software necessary for the development and commercial sale of the Company's products.