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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2014
Goodwill and Other Intangible Assets [Abstract]  
Schedule of Goodwill
The changes in the carrying amounts of goodwill for the year ended December 31, 2014 and 2013 were as following (in thousands):
 
 
 
Year Ended
 
 
 
December 31,
 
 
 
2014
 
2013
 
Beginning balance
 
$
58,707
 
$
33,141
 
Goodwill resulting from acquisition of business
 
 
 
 
25,424
 
Currency translation
 
 
(4,095)
 
 
142
 
Ending balance
 
$
54,612
 
$
58,707
 
Schedule of Identifiable Intangible Assets
Purchased intangible assets consisted of the following as of December 31, 2014 and 2013 (in thousands):
 
 
 
December 31, 2014
 
December 31, 2013
 
 
 
Gross
 
 
 
 
 
Gross
 
 
 
 
 
 
 
Carrying
 
Accumulated
 
Intangible
 
Carrying
 
Accumulated
 
Intangible
 
 
 
Amount
 
Amortization
 
Assets, Net
 
Amount
 
Amortization
 
Assets, Net
 
Finite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Proprietary adjuvant technology
 
$
9,565
 
$
(678)
 
$
8,887
 
$
11,514
 
$
(240)
 
$
11,274
 
Collaboration agreements
 
 
4,319
 
 
(629)
 
 
3,690
 
 
5,199
 
 
(223)
 
 
4,976
 
Total identifiable intangible assets
 
$
13,884
 
$
(1,307)
 
$
12,577
 
$
16,713
 
$
(463)
 
$
16,250
 
Schedule of Estimated Amortization Expense
Estimated amortization expense for existing intangible assets for each of the five succeeding years ending December 31, is as follows (in thousands):
 
Year
 
Amount
 
2015
 
$
923
 
2016
 
 
923
 
2017
 
 
923
 
2018
 
 
923
 
2019
 
 
923