Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

v2.4.0.8
Intangible Assets
3 Months Ended
Mar. 31, 2014
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Intangible Assets
Intangible Assets
Changes in the Company’s intangible assets consisted of the following (in thousands):
March 31, 2014
Useful Life
Gross Carrying Amount
 
Accumulated Amortization
 
Net
Customer relationships
10
$
2,982

 
$
(447
)
 
$
2,535

Developed technology
6
3,357

 
(839
)
 
2,518

In-process research and development
6
1,310

 
(343
)
 
967

Trademarks / trade names
15
2,122

 
(212
)
 
1,910

Software
5
1,075

 
(780
)
 
295

Total intangible assets, net
 
$
10,846

 
$
(2,621
)
 
$
8,225


December 31, 2013
Useful Life
Gross Carrying Amount
 
Accumulated Amortization
 
Net
Customer relationships
10
$
2,982

 
$
(373
)
 
$
2,609

Developed technology
6
3,357

 
(699
)
 
2,658

In-process research and development
6
1,310

 
(297
)
 
1,013

Trademarks / trade names
15
2,122

 
(177
)
 
1,945

Software
5
1,084

 
(731
)
 
353

Total intangible assets, net
 
$
10,855

 
$
(2,277
)
 
$
8,578


Amortization expense associated with the developed technology and software intangible assets included in cost of product revenues was $194,000 and $192,000 for the three months ended March 31, 2014 and 2013, respectively. Amortization expense associated with other acquired intangible assets included in operating expenses as “Amortization of purchased intangibles” was $157,000 for each of the three month periods ended March 31, 2014 and 2013.