Goodwill And Other Intangible Assets

9 Months Ended

Sep. 30, 2012

Goodwill And Other Intangible Assets [Abstract]

Note 4 – Goodwill and Other Intangible Assets

Goodwill associated with the Company's Asia business segment totaled $37.9 million at both September 30, 2012 and December 31, 2011.

Other assets consist primarily of acquired identifiable intangible assets, capitalized purchased software costs and assets held for sale. Other intangible assets as of September 30, 2012 and December 31, 2011 were as follows:


	Gross					Net
	Carrying		Accumulated			Carrying
(in thousands)	Amount		Amortization			Amount

Customer relationships	$	17,757	$	(10,239	)	$	7,518
Technology licenses		11,300		(7,801	)		3,499
Other		868		(136	)		732

Other intangible assets, September 30, 2012	$	29,925	$	(18,176	)	$	11,749


	Gross					Net
	Carrying		Accumulated			Carrying
(in thousands)	Amount		Amortization			Amount

Customer relationships	$	17,763	$	(8,916	)	$	8,847
Technology licenses		11,300		(6,974	)		4,326
Other		868		(118	)		750

Other intangible assets, December 31, 2011	$	29,931	$	(16,008	)	$	13,923

Customer relationships are being amortized on a straight-line basis over a period of ten years. Technology licenses are being amortized over their estimated useful lives in proportion to the economic benefits consumed. Amortization of other intangible assets for the nine months ended September 30, 2012 and 2011 was $2.2 million and $3.0 million, respectively.

The estimated future amortization expense of other intangible assets for each of the next five years is as follows (in thousands):


Year ending December 31,	Amount

2012 (remaining three months)	$	532
2013		2,573
2014		2,573
2015		2,573
2016		2,493

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References+ Details