Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2013

Schedule of Amortizable Intangible Assets

Intangible assets are recorded at cost and are amortized using the straight-line method over their estimated useful lives.

(in thousands)	Range of Useful Lives		Cost		Accumulated     Amortization		Net Book     Value
As of September 30, 2013
Customer related intangibles		9 years	$	44,355	$	(16,838)	$	27,517
Technology		4-9 years		43,446		(21,053)		22,393
Other intangibles		1-5 years		2,238		(2,238)		—
Total			$	90,039	$	(40,129)	$	49,910
			Cost		Accumulated Amortization		Net Book Value
As of December 31, 2012
Customer related intangibles		9 years	$	44,355	$	(13,142)	$	31,213
Technology		4-9 years		43,446		(16,431)		27,015
Other intangibles		1-5 years		2,238		(2,234)		4
Total			$	90,039	$	(31,807)	$	58,232

Amortization Expense of Acquired Intangibles

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

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands)	2013		2012		2013		2012
Cost of software license	$	1,540	$	1,541	$	4,622	$	4,649
Selling and marketing		1,232		1,232		3,696		3,696
General and administrative		—		5		4		15
Total amortization expense	$	2,772	$	2,778	$	8,322	$	8,360

Estimated Future Amortization Expense

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

(in thousands) September 30, 2013	Future estimated amortization expense
Remainder of 2013	$	2,773
2014		9,489
2015		8,688
2016		8,688
2017		8,688
2018 & thereafter		11,584
	$	49,910