Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2012

Goodwill and Other Intangible Assets [Abstract]

Goodwill and acquired intangible assets

Balances of acquired intangible assets as of December 31, 2012 were as follows:

	Carrying Amount			Accumulated Amortization		Net
Amortizing intangibles:
Purchased technology	$	7,960,000		$	1,555,000	$	6,405,000
Purchased licenses		4,150,000			505,000		3,645,000
Trademark / tradename		2,170,000			390,000		1,780,000
Customer relationships		620,000			74,000		546,000
Foreign currency translation adjustments		(50,000	)		1,000		(51,000	)
	$	14,850,000		$	2,525,000	$	12,325,000

Balances of acquired intangible assets as of December 31, 2011 were as follows:

	Carrying Amount			Accumulated Amortization		Net
Amortizing intangibles:
Purchased technology	$	6,200,000		$	873,000	$	5,327,000
Trademark / tradename		1,820,000			214,000		1,606,000
Purchased licenses		900,000			–		900,000
Customer relationships		230,000			43,000		187,000
Foreign currency translation adjustments		(32,000	)		40,000		(72,000	)
	$	9,118,000		$	1,170,000	$	7,948,000

Schedule of Expected Amortization Expense

Based on the intangibles assets as of December 31, 2012, future amortization expense was as follows:

2013	$	1,544,000
2014		1,618,000
2015		1,618,000
2016		1,610,000
2017		1,438,000
Thereafter		4,497,000
	$	12,325,000

Schedule of Goodwill

The following table provides a summary of additions and disposals of goodwill for each reporting period:

Balance at December 31, 2010	$	5,825,000
Acquisition of Zerusa Limited		2,424,000
Radius Medical Technologies, Inc. final payment adjustment		10,000
Foreign currency translation adjustments		(142,000	)
Balance at December 31, 2011	$	8,117,000
Acquisition of Accumed wrist positioning splint		562,000
Acquisition of St. Jude Medical's Venture wire control catheter		1,444,000
Acquisition of Shepherd Scientific's AngioAssist & Teirstein Edge		210,000
Foreign currency translation adjustments		54,000
Balance at December 31, 2012	$	10,387,000