Goodwill and Other Intangible Assets

9 Months Ended

Sep. 30, 2012

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets

6. Goodwill and Other Intangible Assets

Goodwill and other intangible assets comprise the following (in thousands):

	As of September 30, 2012							As of December 31, 2011
	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
Goodwill (1)	$	10,416	$	—		$	10,416	$	8,123	$	—		$	8,123
Other intangible assets (1):
Technology, patents and trade names	4,735		(2,564		)	2,171		4,766		(1,999		)	2,767
Customer relationships and non-compete agreements	4,621		(2,040		)	2,581		4,653		(1,658		)	2,995
Contract-based (2)	2,020		(526		)	1,494		8,350		(148		)	8,202
Total	$	21,792	$	(5,130	)	$	16,662	$	25,892	$	(3,805	)	$	22,087

(1)Includes foreign currency translation adjustments.

(2)During the quarter ended June 30, 2012, we wrote off the net book value of a contract-based intangible asset we had recorded in connection with our acquisition of Revivicor, Inc. during July 2011, relating to a licensing arrangement to which Revivicor was a party. In April 2012, Revivicor received a termination notice from the counterparty to the licensing arrangement. The original counterparty was acquired in late 2011, and thereafter decided not to pursue development of products utilizing Revivicor’s technology. Accordingly, we recognized a corresponding impairment charge of $6.8 million, which has been included in selling, general and administrative expenses on our consolidated statement of operations for the nine-month period ended September 30, 2012.

Total amortization relating to other intangible assets for the five succeeding years and thereafter is presented below (in thousands):

Year ending December 31,
2013	$	1,922
2014	1,505
2015	1,156
2016	641
2017	440
Thereafter	90
	$	5,754