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Intangible Assets, Net
 6 Months Ended
Jun. 30, 2015
Intangible Assets, Net [Abstract]  
Intangible Assets

Note 7 – Intangible assets, net  

  

Intangible assets at June 30, 2015 and December 31, 2014 are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2015

 

 

(In thousands)

 

(Unaudited)

 

December 31, 2014

 

 

Gross Carrying Amount

 

Accumulated Amortization

 

Net Carrying Amount

 

Gross Carrying Amount

 

Accumulated Amortization

 

Net Carrying Amount

Capitalized software development costs

$
68,892 

$
(30,710)

$
38,182 

$
58,343 

$
(22,853)

$
35,490 

Acquired technology

 
85,528 

 
(65,398)

 
20,130 

 
88,216 

 
(65,663)

 
22,553 

Patents

 
28,373 

 
(13,812)

 
14,561 

 
27,791 

 
(12,859)

 
14,932 

Other

 
27,149 

 
(23,534)

 
3,615 

 
28,380 

 
(23,073)

 
5,307 

 

$
209,942 

$
(133,454)

$
76,488 

$
202,730 

$
(124,448)

$
78,282 

  

  

Software development costs capitalized for each of the three month periods ended June 30, 2015 and 2014 were $9.6 million, and related amortization expense was $4.6 million and $3.0 million, respectively. For the six month periods ended June 30, 2015 and 2014, capitalized software development costs were $12 million and $18 million, respectively, and related amortization expense was $9.2 million and $6.1 million, respectively. Capitalized software development costs for the three month periods ended June 30, 2015 and 2014 included costs related to stock based compensation of $375,000 and $422,000, respectively. For the six month periods ended June 30, 2015 and 2014, capitalized software development costs included costs related to stock based compensation of $471,000 and $800,000, respectively. The related amounts in the table above are net of fully amortized assets.

 

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 technology and other 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 $8.9 million and $7.3 million for the three months ended June 30, 2015 and 2014, respectively, and $18 million and $15 million for the six month periods ended June 30, 2015 and 2014, respectively.