Intangible Assets (Text Block)

6 Months Ended

Jun. 30, 2015

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Intangible Assets

The gross carrying amount and accumulated amortization of our intangible assets, other than goodwill, were as follows:



	June 30, 2015							December 31, 2014
	Gross Assets		Accumulated Amortization			Net		Gross Assets		Accumulated Amortization			Net
	(in thousands)
Core-developed technology	$	392,427	$	(356,567	)	$	35,860	$	405,434	$	(359,500	)	$	45,934
Customer contracts and relationships	249,188		(170,270		)	78,918		262,930		(172,755		)	90,175
Trademarks and trade names	65,709		(63,406		)	2,303		68,205		(64,905		)	3,300
Other	11,080		(11,025		)	55		11,579		(11,079		)	500
Total intangible assets	$	718,404	$	(601,268	)	$	117,136	$	748,148	$	(608,239	)	$	139,909

A summary of intangible asset activity is as follows:



	Six Months Ended June 30,
	2015			2014
	(in thousands)
Beginning balance, intangible assets, gross	$	748,148		$	804,281
Intangible assets acquired	—			497
Intangible assets impaired	(497		)	—
Effect of change in exchange rates	(29,247		)	(4,075		)
Ending balance, intangible assets, gross	$	718,404		$	800,703

Intangible assets impaired includes purchased software licenses to be sold to others. This amount was expensed as part of cost of revenues in the Consolidated Statement of Operations.

Intangible assets of our international subsidiaries are recorded in their respective functional currency; therefore, the carrying amounts and accumulated amortization of intangible assets increase or decrease, with a corresponding change in accumulated OCI, due to changes in foreign currency exchange rates. Amortization expense is scheduled to decrease in future periods.

Estimated future annual amortization expense is as follows:



Years ending December 31,	Estimated Annual Amortization
	(in thousands)
2015 (amount remaining at June 30, 2015)	$	16,263
2016	25,256
2017	18,607
2018	12,844
2019	9,996
Beyond 2019	34,170
Total intangible assets subject to amortization	$	117,136