Goodwill and Intangibles

9 Months Ended

Sep. 30, 2012

Goodwill and Intangibles [Abstract]

Goodwill and Intangibles

3. Goodwill and Intangibles

The changes in the carrying amount of goodwill by reportable operating segment for the nine months ended September 30, 2012 are summarized as follows:

	North America		International			Total
Balance at January 1, 2012	$	115,298	$	21,108		$	136,406
Foreign exchange translation		160		(350	)		(190	)
Balance at September 30, 2012	$	115,458	$	20,758		$	136,216

Goodwill is not amortized but is tested for impairment, either annually or when events or circumstances indicate that impairment may exist, by reporting units determined in accordance with ASC 350, “Goodwill and Other Intangible Assets.”

The following table presents intangible assets and accumulated amortization balances of the Company as of December 31, 2011 and September 30, 2012, respectively:

	Gross					Net		Weighted
	Carrying		Accumulated			Carrying		Average Useful
	Amount		Amortization			Amount		Life (Years)
Customer relationships	$	138,576	$	(21,267	)	$	117,309		8.6
Developed technology		9,503		(2,521	)		6,982		4.8
Other		7,603		(203	)		7,400
Balance at December 31, 2011	$	155,682	$	(23,991	)	$	131,691		8.1
Customer relationships	$	136,006	$	(30,902	)	$	105,104		7.9
Developed technology		9,469		(3,702	)		5,767		4.1
Other		10,636		(482	)		10,154
Balance at September 30, 2012	$	156,111	$	(35,086	)	$	121,025		7.4

Amortization expense totaled $3,911 and $3,866 for the three months ended September 30, 2011 and 2012, respectively and $11,745 and $11,590 for the nine months ended September 30, 2011 and 2012, respectively. Estimated amortization expense will total approximately $15,500 for the year ending December 31, 2012.