GOODWILL AND INTANGIBLE ASSETS

6 Months Ended

Jun. 30, 2012

GOODWILL AND INTANGIBLE ASSETS [Abstract]

NOTE 7-GOODWILL AND INTANGIBLE ASSETS

The gross carrying amounts and net book values of the Company's definite-lived intangible assets are as follows (in thousands):

	Carrying Value, Gross						Accumulated Amortization									Intangible Assets, Net				Weighted
	December 31,				June 30,		December 31,						June 30,			June 30,		December 31,		Average
	2011		Additions		2012		2011			Additions			2012			2012		2011		Useful Life
Customer relationships	$	14,600	$	85,700	$	100,300	$	(9,510	)	$	(1,186	)	$	(10,696	)	$	89,604	$	5,090	11 years
Developed technologies		17,653		50,809		68,462		(13,179	)		(1,523	)		(14,702	)		53,760		4,474	10 years
Trademarks and tradenames		2,300		14,600		16,900		(1,126	)		(187	)		(1,313	)		15,587		1,174	5 years
Other contractual agreements		-		2,800		2,800		-			(20	)		(20	)		2,780		-	2 years
Licenses		79,142		7,338		86,480		(60,355	)		(2,999	)		(63,354	)		23,126		18,787	14 years
Total definite-lived intangible assets	$	113,695	$	161,247	$	274,942	$	(84,170	)	$	(5,915	)	$	(90,085	)	$	184,857	$	29,525

The Company recognized goodwill of $140.3 million in connection with the Acquisition. Refer to Note 2. "Acquisition" for further details.

The expected future annual amortization expense of the Company's intangible assets is as follows (in thousands):

	Amortization
For the Year Ending December 31,	Expense
2012, remainder thereof	$	13,638
2013		24,942
2014		22,280
2015		16,192
2016		15,340
Thereafter		92,465
Total	$	184,857

- 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.

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