GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 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 September 30, 2012
Customer related intangibles	$	44,355	$	(11,910)	$	32,445
Technology		43,446		(14,891)		28,555
Trade name		248		(248)		—
Technology designs		490		(490)		—
Non-compete agreements		100		(91)		9
Intellectual property		1,400		(1,400)		—
Total	$	90,039	$	(29,030)	$	61,009
	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 third quarter and first nine 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 September 30,				Nine Months  Ended September 30,
(in thousands)	2012		2011		2012		2011
Cost of software license	$	1,541	$	1,571	$	4,649	$	4,713
Selling and marketing		1,232		1,232		3,696		3,696
General and administrative		5		5		15		98
Total amortization expense	$	2,778	$	2,808	$	8,360	$	8,507

Estimated Future Amortization Expense

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

(in thousands) As of September 30, 2012	Future estimated       amortization      expense
Remainder of 2012	$	2,777
2013		11,095
2014		9,489
2015		8,688
2016		8,688
2017		8,688
Thereafter		11,584
	$	61,009