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INTANGIBLE ASSETS
 3 Months Ended
Mar. 31, 2012
INTANGIBLE ASSETS [Abstract]  
INTANGIBLE ASSETS
NOTE 3.
INTANGIBLE ASSETS

At March 31, 2012 and December 31, 2011 intangible assets consisted of the following (in thousands):

 
 
March 31,
2012
 
 
December 31,
2011
 
 
 
 
 
 
 
 
Trade name (life indefinite)
 
$
1,510
 
 
$
1,510
 
 
 
 
 
 
 
 
 
 
Purchased technology (9-17 yr life)
 
$
1,441
 
 
$
1,441
 
Less: accumulated amortization
 
 
(711
)
 
 
(689
)
 
 
 
 
 
 
 
 
 
Net carrying amount
 
$
730
 
 
$
752
 
 
 
 
 
 
 
 
 
 
License rights (5 yr life)
 
$
316
 
 
$
316
 
Less accumulated amortization
 
 
(305
)
 
 
(290
)
Net carrying amount
 
$
11
 
 
$
26
 

Amortization of intangibles, which is included in depreciation and amortization in the accompanying statements of cash flows was approximately $224,000 and $229,000 during the respective three month periods ended March 31, 2012 and 2011.