Goodwill and Other Intangible Assets

12 Months Ended

Dec. 31, 2012

Goodwill and Other Intangible Assets [Abstract]

5. Goodwill and Other Intangible Assets

The following table provides the gross carrying amount and accumulated amortization for each class of intangible assets and goodwill:

	December 31,
	2012							2011
	Gross Carrying Amount		Accumulated Amortization/Impairment			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net CarryingAmount
	(in thousands)
Amortizable intangible assets:
Trademarks	$	1,285	$	(571	)	$	714	$	1,785	$	(742	)	$	1,043
Customer relationships		9,643		(3,790	)		5,853		9,043		(2,809	)		6,234
Goodwill		21,156		(3,948	)		17,208		21,156		—			21,156
Total goodwill and intangible assets	$	32,084	$	(8,309	)	$	23,775	$	31,984	$	(3,551	)	$	28,433

We performed our annual asset impairment testing as of December 31, 2012, the end of our calendar year. The estimated fair value of our Performance Management reporting unit was less than its related book value and we determined that its goodwill balance was impaired. Accordingly, step two of the goodwill impairment test was completed for the Performance Management reporting unit, which resulted in an impairment write down to goodwill and other intangible assets totaling $4.2 million in the fourth quarter of 2012.

The following summarizes the changes in the carrying amount of goodwill:

	Goodwill
	(in thousands)

Balance at December 31, 2010	$	14,327
Acquisitions		6,829
Balance at December 31,2011		21,156
Impairment		(3,948	)
Balance at December 31, 2012	$	17,208

Our amortization expense related to purchased intangible assets other than goodwill was $1.8 million in 2012, $1.7 million in 2011 and $799,000 in 2010, and is estimated to be $2.0 million in 2013, $2.0 million in 2014, $1.5 million in 2015, $700,000 in 2016 and $527,000 in 2017.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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