XML 60 R13.htm IDEA: XBRL DOCUMENT v2.4.0.6
Intangibles
6 Months Ended
Jun. 30, 2012
Intangibles [Abstract]  
Intangibles

Note 7 – Intangibles

 

Intangibles at June 30, 2012 and December 31, 2011 are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2012

 

 

(In thousands)

 

(Unaudited)

 

December 31, 2011

 

 

Gross Carrying Amount

 

Accumulated Amortization

 

Net Carrying Amount

 

Gross Carrying Amount

 

Accumulated Amortization

 

Net Carrying Amount

Capitalized software development costs

$

 63,150

$

 (36,723)

$

 26,427

$

 53,086

$

 (29,606)

$

 23,480

Acquired technology

 

 67,868

 

 (36,991)

 

 30,877

 

 67,918

 

 (32,210)

 

 35,708

Patents

 

 23,199

 

 (8,691)

 

 14,508

 

 21,875

 

 (7,992)

 

 13,883

Other

 

 23,823

 

 (14,956)

 

 8,867

 

 24,614

 

 (13,819)

 

 10,795

 

$

 178,040

$

 (97,361)

$

 80,679

$

 167,493

$

 (83,627)

$

 83,866

 

 

Software development costs capitalized for the three month periods ended June 30, 2012 and 2011 were $6.1 million and $5.9 million, respectively, and related amortization expense was $3.5 million and $3.3 million, respectively. For the six month periods ended June 30, 2012 and 2011, capitalized software development costs were $10.1 million and $9.8 million, respectively, and related amortization expense was $7.1 million and $6.6 million, respectively. Capitalized software development costs for the three month periods ended June 30, 2012 and 2011 included costs related to stock based compensation of $221,000 and $262,000, respectively. For the six month periods ended June 30, 2012 and 2011, capitalized software development costs included costs related to stock based compensation of $400,000 and $412,000, respectively.

 

Amortization of capitalized software development costs is computed on an individual product basis for those products available for market and is recognized based on the product’s estimated economic life, generally three years. Acquired core technology and intangible assets are amortized over their useful lives, which range from three to eight years. Patents are amortized using the straight-line method over their estimated period of benefit, generally 10 to 17 years. Total intangible assets amortization expenses were $7.0 million and $5.5 million for the three months ended June 30, 2012 and 2011, respectively, and $13.7 million and $10.7 million for the six month periods ended June 30, 2012 and 2011, respectively.