Intangible Assets

6 Months Ended

Jun. 30, 2012

Intangible Assets [Abstract]

Intangible Assets

Note 8. Intangible Assets

Finite-lived intangible assets are recorded at cost, less accumulated amortization. Finite-lived intangible assets as of June 30, 2012 and December 31, 2011 consist of the following (in thousands):

	Adjusted cost as of		Accumulated amortization as of			Net carrying amount as of
	June 30, 2012		June 30, 2012			June 30, 2012
Developed technology	$	17,881	$	(7,875	)	$	10,006
Customer relationships		9,561		(8,365	)		1,196
Brand names		1,927		(1,549	)		378
Patented technology		2,252		(1,889	)		363
In-process research and development		330		(52	)		278
Trademark		80		(72	)		8
Total	$	32,031	$	(19,802	)	$	12,229

	Adjusted cost as of December 31, 2011		Accumulated amortization as of December 31, 2011			Net carrying amount as of December 31, 2011
Developed technology	$	17,881	$	(6,254	)	$	11,627
Customer relationships		9,561		(7,961	)		1,600
Brand names		1,927		(1,498	)		429
Patented technology		2,252		(1,856	)		396
In-process research and development		330		—			330
Trademark		80		(68	)		12
Total	$	32,031	$	(17,637	)	$	14,394

The amortization of finite-lived intangibles is computed using the straight-line method except for customer relationships which are computed using an accelerated method. Estimated lives of finite-lived intangibles range from two to ten years. Total amortization expense for the three month periods ended June 30, 2012 and July 2, 2011 was $0.8 million and $0.4 million, respectively, and for the six month periods ended June 30, 2012 and July 2, 2011 was $1.7 million and $0.8 million, respectively.

In the three month period ended March 31, 2012, the Company recorded a $0.6 million reduction in the fair value of royalty payments to RTM with a corresponding decrease of $0.4 million to goodwill and $0.2 million to intangible assets. There was no other adjustment to intangible assets recorded during the three month period ended June 30, 2012. See Note 4 for a summary of the acquisition and goodwill impairment analysis.