Goodwill and Other Intangible Assets

6 Months Ended

Jun. 30, 2011

Goodwill and Other Intangible Assets [Abstract]

The Company recorded goodwill and other intangible assets as a result of business acquisitions that occurred from 2000 through 2010. The Company also acquired license rights from the Massachusetts Institute of Technology in 1999.

Other intangible assets that are subject to amortization consist of the following (in thousands):



	June 30, 2011
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Completed technology	$	36,731	$	(19,599	)	$	17,132
Customer relationships	88,700		(55,660		)	33,040
Non-compete agreements	8,340		(4,670		)	3,670
Trademarks and trade names	800		(755		)	45
Acquired license rights	490		(490		)	—
Total	$	135,061	$	(81,174	)	$	53,887



	December 31, 2010
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Completed technology	$	36,731	$	(16,520	)	$	20,211
Customer relationships	88,700		(50,832		)	37,868
Non-compete agreements	8,340		(4,070		)	4,270
Trademarks and trade names	800		(693		)	107
Acquired license rights	490		(490		)	—
Total	$	135,061	$	(72,605	)	$	62,456

Aggregate expense related to amortization of other intangible assets for the three months ended June 30, 2011 and 2010 was $4.3 million and $4.2 million, respectively. For the six months ended June 30, 2011 and 2010, aggregate expense related to the amortization of other intangible assets was $8.6 million and $8.3 million, respectively. Based on the Company’s other intangible assets as of June 30, 2011, aggregate expense related to amortization of other intangible assets is expected to be $8.3 million for the remainder of 2011, and $15.9 million, $13.1 million, $7.6 million and $5.1 million for fiscal years 2012, 2013, 2014 and 2015, respectively.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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