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Goodwill and Other Intangible Assets
9 Months Ended
Sep. 30, 2014
Goodwill and Other Intangible Assets [Abstract]  
Goodwill and Intangible Assets [Text Block]
Goodwill and Other Intangible Assets
 
The following table summarizes the changes in the carrying amount of goodwill (in thousands):
 
 
 Total
 Balance as of December 31, 2013
$
11,117.8

 Goodwill resulting from the acquisition of CSC
14,091.5

 Balance as of September 30, 2014
$
25,209.3



The Company's intangible assets and related accumulated amortization as of September 30, 2014 and December 31, 2013 consisted of the following (in thousands):
 
 
 
 
September 30, 2014
 
December 31, 2013
 
Useful Life
 
Gross
 
Accumulated Amortization
 
Net
 
Gross
 
Accumulated Amortization
 
Net
Customer list
10 years
 
$
1,000.0

 
$
(370.1
)
 
$
629.9

 
$
1,000.0

 
$
(295.1
)
 
$
704.9

Manufacturing technology
10 years
 
3,900.0

 
(1,443.4
)
 
2,456.6

 
3,900.0

 
(1,150.9
)
 
2,749.1

Tradename
10 years
 
800.0

 
(296.1
)
 
503.9

 
800.0

 
(236.1
)
 
563.9

In process R&D
Indefinite
 
43,690.0

 

 
43,690.0

 
9,400.0

 

 
9,400.0

Patent rights
19 years
 
669.0

 
(237.7
)
 
431.3

 
669.0

 
(211.3
)
 
457.7

Total Intangible Assets
 
 
$
50,059.0

 
$
(2,347.3
)
 
$
47,711.7

 
$
15,769.0

 
$
(1,893.4
)
 
$
13,875.6

 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
Total intangible amortization expense was classified in the operating expense categories for the periods included below as follows (in thousands):
 
 
 
Nine Months Ended September 30,
 
 
2014
 
2013
Cost of revenue
 
$
237.6

 
$
292.5

Research and development
 
81.3

 
26.4

Selling, general and administrative
 
135.0

 
135.0

Total
 
$
453.9

 
$
453.9



Estimated intangible amortization expense on an annual basis for the succeeding five years is as follow (in thousands):

2014
$
151.3

2015
605.2

2016
605.2

2017
605.2

2018
605.2

Thereafter
45,139.6

 
$
47,711.7