Goodwill And Intangible Assets

9 Months Ended

Sep. 30, 2011

Goodwill And Intangible Assets [Abstract]

Goodwill And Intangible Assets

8.    Goodwill and Intangible Assets

During the first quarter of 2011, the Company completed the annual impairment test for goodwill and intangible assets with indefinite lives and determined that these assets had not been impaired as of the test date, January 1, 2011. The Company tested the goodwill and identifiable intangible assets utilizing estimated cash flow methodologies and market comparable information. No events occurred or circumstances changed during the nine months ended September 30, 2011 that would indicate that the fair values of the Company's reporting units are below their carrying amounts.

The Company's intangible assets and estimated useful lives are classified as follows:

	September 30, 2011					December 31, 2010
(in thousands)	Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization
Amortized intangible assets:
Developed software and core technologies (3 – 10 years)	$	286,739	$	(137,366	)	$	205,137	$	(120,633	)
Trademarks (3 – 10 years)		103,093		(28,502	)		100,994		(21,499	)
Non-compete agreements (5 years)		432		(425	)		575		(489	)
Customer lists and contract backlog (3 – 20 years)		224,641		(71,824	)		172,845		(58,967	)
Total	$	614,905	$	(238,117	)	$	479,551	$	(201,588	)
Unamortized intangible assets:
Trademarks	$	19,857				$	357

The significant increase in the intangible assets reflected above was due to the August 1, 2011 acquisition of Apache. Amortization expense for the intangible assets reflected above was $13.5 million and $12.2 million for the three months ended September 30, 2011 and 2010, respectively. Amortization expense for the intangible assets reflected above was $36.6 million and $36.4 million for the nine months ended September 30, 2011 and 2010, respectively.

As of September 30, 2011, estimated future amortization expense for the intangible assets reflected above is as follows:

(in thousands)
Remainder of fiscal 2011	$	14,839
Fiscal 2012		65,510
Fiscal 2013		57,883
Fiscal 2014		51,394
Fiscal 2015		47,365
Fiscal 2016		39,754
Thereafter		100,043
Total intangible assets subject to amortization		376,788
Indefinite-lived trademarks		19,857
Other intangible assets, net	$	396,645

The changes in goodwill during the nine months ended September 30, 2011 are as follows:

(in thousands)
Beginning balance – January 1, 2011	$	1,035,083
Acquisition of Apache		195,286
Currency translation and other		(497	)
Ending balance – September 30, 2011	$	1,229,872