Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v2.4.0.8
Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2013
Goodwill and Intangible Assets  
Schedule of changes in the carrying amount of the Company's goodwill

 

 

Balance at December 31, 2012

 

$

65,644

 

WMS acquisition

 

8,691

 

Balance at September 30, 2013

 

$

74,335

 

Schedule of components of intangible assets

 

 

 

 

 

 

September 30, 2013

 

December 31, 2012

 

 

 

 

 

Gross

 

 

 

Net

 

Gross

 

 

 

Net

 

 

 

 

 

Carrying

 

Accumulated

 

Carrying

 

Carrying

 

Accumulated

 

Carrying

 

 

 

Useful Life

 

Amount

 

Amortization

 

Amount

 

Amount

 

Amortization

 

Amount

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer lists

 

4 - 12 years

 

$

42,103

 

$

(12,858

)

29,245

 

$

28,103

 

$

(8,720

)

$

19,383

 

Proprietary technology

 

1.5 - 8 years

 

9,580

 

(1,987

)

7,593

 

6,580

 

(657

)

5,923

 

Trade names

 

5 years

 

2,090

 

(580

)

1,510

 

2,090

 

(246

)

1,844

 

Total intangible assets

 

 

 

$

53,773

 

$

(15,425

)

$

38,348

 

$

36,773

 

$

(9,623

)

$

27,150

 

Schedule of amortization expense

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30,

 

September 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

 

 

 

 

 

 

 

 

 

 

Amortization expense

 

$

2,650

 

$

1,802

 

$

5,802

 

$

4,405