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GOODWILL AND INTANGIBLE ASSETS
12 Months Ended
Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS
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, 2012
 
(Decrease)/Increase (1)
 
December 31, 2013
 
December 31, 2012
 
(Increase)/Decrease (2)
 
December 31, 2013
 
December 31, 2012
 
December 31, 2013
Average
Useful Life
Customer relationships
$
76,874

 
$
852

 
$
77,726

 
$
(14,346
)
 
$
(7,188
)
 
$
(21,534
)
 
$
62,528

 
$
56,192

11 years
Developed technologies
76,814

 
813

 
77,627

 
(18,489
)
 
(5,881
)
 
(24,370
)
 
58,325

 
53,257

10 years
Trademarks and tradenames
17,818

 
13

 
17,831

 
(3,009
)
 
(3,395
)
 
(6,404
)
 
14,809

 
11,427

5 years
Other contractual agreements
3,055

 
40

 
3,095

 
(785
)
 
(1,557
)
 
(2,342
)
 
2,270

 
753

2 years
Licenses
81,156

 
553

 
81,709

 
(66,370
)
 
(5,860
)
 
(72,230
)
 
14,786

 
9,479

14 years
Total definite-lived intangible assets
$
255,717

 
$
2,271

 
$
257,988

 
$
(102,999
)
 
$
(23,881
)
 
$
(126,880
)
 
$
152,718

 
$
131,108

 

(1) Includes an increase in carrying value of $1.8 million related to foreign currency translation.
(2) The impact of foreign currency translation on accumulated amortization was a decrease of $0.3 million.

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
2014
$
21,058

2015
14,899

2016
14,047

2017
12,370

2018
10,789

Thereafter
57,945

Total
$
131,108



The Company recognized goodwill of $157.1 million in connection with the Acquisition. Information in regards to changes in the Company's goodwill at December 31, 2013 is as follows (in thousands):
Balance at December 31, 2012
$
159,736

Effects of foreign currency change
1,859

Balance at December 31, 2013
$
161,595



During the year ended December 31, 2013, the Company concluded that there were no indicators of impairment during its annual impairment test of goodwill and the balance at December 31, 2013 is expected to be recoverable.