GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 31, 2013

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 four to nine years.

(in thousands)	Cost		Accumulated         Amortization		Net Book         Value
As of March 31, 2013
Customer related intangibles	$	44,355	$	(14,374)	$	29,981
Technology		43,446		(17,972)		25,474
Other intangibles		2,238		(2,238)		—
Total	$	90,039	$	(34,584)	$	55,455

		Cost		Accumulated         Amortization		Net Book         Value
As of December 31, 2012
Customer related intangibles	$	44,355	$	(13,142)	$	31,213
Technology		43,446		(16,431)		27,015
Other intangibles		2,238		(2,234)		4
Total	$	90,039	$	(31,807)	$	58,232

Amortization Expense of Acquired Intangibles

For the first quarter of 2013 and 2012, amortization of intangibles was reflected in the Company’s unaudited condensed consolidated statements of operations as follows:

	Three Months Ended March  31,
(in thousands)	2013		2012
Cost of software license	$	1,541	$	1,568
Selling and marketing		1,232		1,232
General and administrative		4		5
Total amortization expense	$	2,777	$	2,805

Estimated Future Amortization Expense

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

(in thousands) As of March 31, 2013	Future estimated  amortization expense
Remainder of 2013	$	8,318
2014		9,489
2015		8,688
2016		8,688
2017		8,688
2018 & thereafter		11,584
	$	55,455