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Intangible Assets (Text Block)
9 Months Ended
Sep. 30, 2015
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Intangible Assets [Text Block]
Intangible Assets

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

 
September 30, 2015
 
December 31, 2014
 
Gross Assets
 
Accumulated
Amortization
 
Net
 
Gross Assets
 
Accumulated
Amortization
 
Net
 
(in thousands)
Core-developed technology
$
392,667

 
$
(357,007
)
 
$
35,660

 
$
405,434

 
$
(359,500
)
 
$
45,934

Customer contracts and relationships
242,627

 
(168,552
)
 
74,075

 
262,930

 
(172,755
)
 
90,175

Trademarks and trade names
64,808

 
(62,884
)
 
1,924

 
68,205

 
(64,905
)
 
3,300

Other
11,131

 
(11,023
)
 
108

 
11,579

 
(11,079
)
 
500

Total intangible assets
$
711,233

 
$
(599,466
)
 
$
111,767

 
$
748,148

 
$
(608,239
)
 
$
139,909



A summary of intangible asset activity is as follows:

 
Nine Months Ended September 30,
 
2015
 
2014
 
(in thousands)
Beginning balance, intangible assets, gross
$
748,148

 
$
804,281

Intangible assets acquired
4,827

 
1,453

Intangible assets impaired
(497
)
 

Effect of change in exchange rates
(41,245
)
 
(35,742
)
Ending balance, intangible assets, gross
$
711,233

 
$
769,992



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 acquired in 2015 are based on the preliminary purchase price allocation relating to our acquisition of Temetra. Refer to Note 5 for additional information regarding this acquisition. The following table reflects our preliminary allocation of purchase price for intangible assets acquired on August 26, 2015:
 
Fair Value
 
Weighted Average Useful Life
 
(in thousands)
 
(in years)
Identified intangible assets
 
 
 
Core-developed technology
$
4,378

 
7.0
Customer contracts and relationships
337

 
7.0
Trademarks and trade names
56

 
3.0
Other
56

 
2.0
Total identified intangible assets subject to amortization
$
4,827

 
6.9


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 September 30, 2015)
$
8,189

2016
25,566

2017
19,005

2018
13,271

2019
10,448

Beyond 2019
35,288

Total intangible assets subject to amortization
$
111,767