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Goodwill and Other Intangibles
3 Months Ended
Mar. 31, 2012
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Disclosure [Text Block]
Goodwill and Other Intangibles

In accordance with ASC 350 Intangibles - Goodwill and Other, goodwill and intangibles with indefinite lives are not amortized, but instead measured for impairment at least annually or when events indicate that impairment exists. No events occurred during the three months ended March 31, 2012 indicating impairment of goodwill existed, and accordingly, there was no change in the carrying balance of goodwill during that period. Goodwill is recorded at the subsidiary level in local currencies and converted into U.S. dollars at the balance sheet date. There was an unrealized gain of $0.2 million during the three months ended March 31, 2012 due to the change in foreign currency rates from December 31, 2011 to March 31, 2012. The unrealized gain arising from the translation adjustment is recorded in accumulated other comprehensive income on the Balance Sheet. (See Note 15, Subsequent Events.)

Other intangibles consist of intellectual property licensed by the Company's Israel subsidiary during the quarter ended March 31, 2012. Amortization of other intangible assets was zero for the three months ended March 31, 2012 and March 31, 2011.