Goodwill and Identifiable Intangible Assets

3 Months Ended

Mar. 31, 2012

Goodwill And Identifiable Intangible Assets [Abstract]

Goodwill and Identifiable Intangible Assets

7. Goodwill and Identifiable Intangible Assets. The changes in the carrying amount of goodwill for the year ended December 31, 2011 and the three months ended March 31, 2012 were as follows (in thousands):

	Life Sciences			Healthcare			Physician		IT and Engineering		Total
Balance as of January 1, 2011
Gross goodwill	$	12,561		$	122,230		$	37,163	$	149,483	$	321,437
Accumulated impairment loss		-			(121,717	)		-		-		(121,717	)
		12,561			513			37,163		149,483		199,720
Valesta acquisition		16,097			-			-		-		16,097
HCP acquisition		-			-			14,407		-		14,407
Translation adjustment		(990	)		-			-		-		(990	)
Balance as of December 31, 2011
Gross goodwill		27,668			122,230			51,570		149,483		350,951
Accumulated impairment loss		-			(121,717	)		-		-		(121,717	)
	$	27,668		$	513		$	51,570	$	149,483	$	229,234
Acquisition adjustment		991			-			-		-		991
Translation adjustment		670			-			-		-		670
Balance as of March 31, 2012
Gross goodwill		29,329			122,230			51,570		149,483		352,612
Accumulated impairment loss		-			(121,717	)		-		-		(121,717	)
	$	29,329		$	513		$	51,570	$	149,483	$	230,895

As of March 31, 2012 and December 31, 2011, the Company had the following acquired intangible assets (in thousands):

		March 31, 2012						December 31, 2011
	Estimated Useful Life	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Intangible assets subject to amortization:
Customer relations	3 months - 10 years	$	11,170	$	8,261	$	2,909	$	11,077	$	7,891	$	3,186
Contractor relations	3 - 7 years		27,284		25,822		1,462		27,276		25,599		1,677
Non-compete agreements	2 - 3 years		913		678		235		899		604		295
In-use software	2 years		500		500		-		500		500		-
			39,867		35,261		4,606		39,752		34,594		5,158
Intangible assets not subject to amortization:
Trademarks			25,125		-		25,125		25,048		-		25,048
Goodwill			230,895		-		230,895		229,234		-		229,234
Total		$	295,887	$	35,261	$	260,626	$	294,034	$	34,594	$	259,440

Amortization expense for intangible assets with finite lives was $0.6 million and $0.4 million for the three months ended March 31, 2012 and 2011, respectively. Estimated amortization for the remainder of this fiscal year, each of the next four fiscal years and thereafter follows (in thousands):

2012	$	1,726
2013		1,444
2014		475
2015		229
2016		196
Thereafter		536
	$	4,606

Goodwill and other intangible assets having an indefinite useful life are not amortized for financial statement purposes. Goodwill and intangible assets with indefinite lives are reviewed for impairment on an annual basis as of December 31 and whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. There were no triggering events that required an interim impairment analysis during the current period.

- Definition

Discloses 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 or 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. This element may be used as a single block of text to include the entire intangible asset disclosure including data and tables.

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