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Goodwill and Intangible Assets
9 Months Ended
Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets
Goodwill and Intangible Assets
Goodwill balances are presented below (in thousands):
 
Carrying Amount
Balance as of December 31, 2014
$
55,016

Goodwill acquired
1,442

Foreign currency translation adjustments
(911
)
Balance as of September 30, 2015
$
55,547



On February 27, 2015, we completed the acquisition of Intreis, Inc., a professional services company with domain expertise in enterprise governance, risk and compliance solutions. Of the $1.6 million in total purchase consideration, $0.2 million is allocated to net tangible assets and $1.4 million is allocated to goodwill, which represents the synergies expected from the workforce integration. The goodwill balance is deductible for U.S. income tax purposes. $0.5 million of the total purchase consideration will be paid one year following the close of the acquisition. The results of operations of Intreis have been included in our condensed consolidated financial statements from the date of purchase. This business combination did not have a material impact on our consolidated financial statements, and therefore pro forma disclosures have not been presented.

Intangible assets consist of the following (in thousands):
 
September 30, 2015
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Developed technology
$
58,605

 
$
(14,846
)
 
$
43,759

Backlog
587

 
(478
)
 
109

Other acquisition-related intangible assets
568

 
(515
)
 
53

Acquisition-related intangible assets
59,760

 
(15,839
)
 
43,921

Other intangible assets
1,075

 
(469
)
 
606

Total intangible assets
$
60,835

 
$
(16,308
)
 
$
44,527


 
December 31, 2014
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Developed technology
$
59,895

 
$
(6,727
)
 
$
53,168

Backlog
588

 
(184
)
 
404

Other acquisition-related intangible assets
597

 
(398
)
 
199

     Acquisition-related intangible assets
61,080

 
(7,309
)
 
53,771

Other intangible assets
1,075

 
(320
)
 
755

Total intangible assets
$
62,155

 
$
(7,629
)
 
$
54,526



Amortization expense for intangible assets for the three months ended September 30, 2015 and 2014 was approximately $2.9 million and $2.8 million, respectively, and for the nine months ended September 30, 2015 and 2014 was approximately $8.8 million and $3.7 million, respectively.