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Intangible Assets
12 Months Ended
Dec. 31, 2013
Goodwill And Intangible Assets Disclosure [Abstract]  
Intangible Assets

NOTE 7:  Intangible Assets

Amortized intangible assets consisted of the following (in thousands):

 

     Gross
Carrying
Value
     Accumulated
Amortization
     Net
Carrying
Value
 

Distribution networks

   $ 38,060       $ 28,479       $ 9,581   

Customer contracts and relationships

     6,690         5,661         1,029   

Completed technologies

     4,420         407         4,013   

Other

     370         270         100   
  

 

 

    

 

 

    

 

 

 

Balance as of December 31, 2013

   $     49,540       $     34,817       $     14,723   
  

 

 

    

 

 

    

 

 

 
     Gross
Carrying
Value
     Accumulated
Amortization
     Net
Carrying
Value
 

Distribution networks

   $ 38,060       $ 25,193       $ 12,867   

Customer contracts and relationships

     6,690         5,310         1,380   

Completed technologies

     670         311         359   

Other

     370         206         164   
  

 

 

    

 

 

    

 

 

 

Balance as of December 31, 2012

   $ 45,790       $ 31,020       $ 14,770   
  

 

 

    

 

 

    

 

 

 

The cost and related amortization of certain fully-amortized customer contracts totaling $8,535,000 were removed from these accounts in 2012.

In October 2013, the Company paid $3,750,000 to purchase application development software that will run on top of the Company’s existing vision software to make it easier to use and develop custom applications more effectively. This purchased technology will be amortized to “Cost of revenue” on the Consolidated Statements of Operations over its estimated useful life of five years beginning in the second quarter of 2014 when the Company expects to start to sell product that incorporates this software.

Estimated amortization expense for each of the five succeeding fiscal years and thereafter is as follows (in thousands):

 

Year Ending December 31,

     Amount  

2014

     $ 4,213   

2015

       4,366   

2016

       3,427   

2017

       1,617   

2018

       913   

Thereafter

       187   
    

 

 

 
     $     14,723