GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 31, 2016

Changes in Carrying Amount of Goodwill

The following table presents the changes in the carrying amount of goodwill:

(in thousands)	2016
Balance as of January 1,	$	46,776
Translation adjustments		(52	)
Balance as of March 31,	$	46,724

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 March 31, 2016
Customer related intangibles		4-9 years	$	49,519	$	(31,990	)	$	17,529
Technology		3-9 years		48,342		(35,628	)		12,714
Other intangibles		3 years		5,361		(5,173	)		188
Total			$	103,222	$	(72,791	)	$	30,431
(in thousands)	Range of Useful Lives		Cost		Accumulated Amortization			Net Book Value
As of December 31, 2015
Customer related intangibles		4-9 years	$	49,546	$	(30,465	)	$	19,081
Technology		3-9 years		48,342		(34,282	)		14,060
Other intangibles		3 years		5,361		(5,084	)		277
Total			$	103,249	$	(69,831	)	$	33,418

Amortization Expense of Acquired Intangibles

Amortization expense of acquired intangibles is reflected in the Company’s unaudited condensed consolidated statements of operations as follows:

	Three Months Ended March 31,
(in thousands)	2016		2015
Cost of revenue	$	1,346	$	1,343
Selling and marketing		1,530		1,531
General and administrative		89		264
Total amortization expense	$	2,965	$	3,138

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, 2016	Future estimated amortization expense
Remainder of 2016	$	8,562
2017		9,812
2018		8,812
2019		3,020
2020 and thereafter		225
	$	30,431