GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2012

Schedule Of Amortizable Intangible Assets

Intangible assets are recorded at cost and are amortized using the straight-line method over their estimated useful life, which range from 5 to 9 years.

(in thousands)	Cost		Accumulated Amortization			Net Book Value
As of June 30, 2012
Customer related intangibles	$	44,355	$	(10,678	)	$	33,677
Technology		43,446		(13,351	)		30,095
Trade name		248		(248	)		—
Technology designs		490		(490	)		—
Non-compete agreements		100		(85	)		15
Intellectual property		1,400		(1,400	)		—
Total	$	90,039	$	(26,252)		$	63,787

	Cost		Accumulated Amortization			Net Book Value
As of December 31, 2011
Customer related intangibles	$	44,355	$	(8,214	)	$	36,141
Technology		43,446		(10,269	)		33,177
Trade name		248		(248	)		—
Technology designs		490		(463	)		27
Non-compete agreements		100		(76	)		24
Intellectual property		1,400		(1,400	)		—
Total	$	90,039	$	(20,670)		$	69,369

Amortization Expense Of Acquired Intangibles

For the second quarter and first six months of 2012 and 2011, amortization of intangibles was reflected in the Company’s unaudited condensed consolidated statements of income as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2012		2011		2012		2011
Cost of software license	$	1,540	$	1,571	$	3,108	$	3,142
Selling and marketing		1,232		1,232		2,464		2,464
General and administrative		5		26		10		93
Total amortization expense	$	2,777	$	2,829	$	5,582	$	5,699

Estimated Future Amortization Expense

Amortization of intangibles is estimated to be recorded over their remaining useful lives as follows:

(in thousands) As of June 30,	Future estimated amortization expense
Remainder of 2012	$	5,554
2013		11,095
2014		9,489
2015		8,688
2016		8,688
2017		8,688
2018 and thereafter		11,585
	$	63,787