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Acquisition-Related Intangible Assets, Net (Notes)
12 Months Ended
Dec. 31, 2013
Acquisition-Related Intangible Assets [Abstract]  
Acquisition-Related Intangible Assets
Acquisition-Related Intangible Assets, Net

Acquisition-related intangible assets, net were as follows:
 
 
December 31, 2013
(In thousands)
 
Gross Assets
 
Accumulated Amortization
 
Net
 
Weighted-Average Amortization Period
Developed technology
 
$
60,770

 
$
(4,445
)
 
$
56,325

 
9.4 years
Customer relationships
 
12,910

 
(1,597
)
 
11,313

 
6.8 years
Trade name
 
3,700

 
(253
)
 
3,447

 
8.9 years
Non-competition agreements
 
700

 
(213
)
 
487

 
2.0 years
Other intangible assets
 
930

 
(752
)
 
178

 
1.2 years
Acquisition-related intangible assets, net subject to amortization
 
79,010

 
(7,260
)
 
71,750

 
 
In-process research & development
 
10,400

 

 
10,400

 
 
Total acquisition-related intangible assets, net
 
$
89,410

 
$
(7,260
)
 
$
82,150

 
 

 
 
December 31, 2012
(In thousands)
 
Gross Assets
 
Accumulated Amortization
 
Net
 
Weighted-Average Amortization Period
Developed technology
 
$
5,670

 
$
(1,342
)
 
$
4,328

 
8.8 years
Customer relationships
 
910

 
(364
)
 
546

 
5.0 years
Other intangible assets
 
730

 
(730
)
 

 
1.0 year
Acquisition-related intangible assets subject to amortization, net
 
7,310

 
(2,436
)
 
4,874

 
 
Total acquisition-related intangible assets, net
 
$
7,310

 
$
(2,436
)
 
$
4,874

 
 


In-process research & development ("IPR&D") assets represent the fair value of incomplete research and development projects that had not reached technological feasibility as of the date of acquisition. In 2013, we capitalized IPR&D of $28.1 million related to the 2013 Acquisitions. Initially, these assets are classified as indefinite-lived intangible assets that are not subject to amortization. IPR&D assets related to projects that have been completed are transfered to the developed technology intangible asset to begin amortization, while IPR&D assets related to abandoned projects are impaired and expensed to research and development expense in the consolidated statements of comprehensive income. Subsequent to the completion of the 2013 Acquisitions, we reclassified $17.7 million of IPR&D costs to developed technology upon finalization of one of the projects. No projects were abandoned. The remaining IPR&D projects that make up the intangible asset balance as of December 31, 2013 are expected to be completed in early 2014.

Based on the carrying value of acquisition-related intangible assets, net as of December 31, 2013, the annual amortization expense for acquisition-related intangible assets, net is expected to be as follows:

Fiscal Year
 
Amortization Expense
 
 
 (In thousands)

2014
 
$
9,168

2015
 
8,956

2016
 
8,637

2017
 
8,462

Thereafter
 
36,527

Total
 
$
71,750