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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Definite lived 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.
Expected future annual amortization expense
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

Schedule of Goodwill
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