Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets

v2.4.0.8
Goodwill and Other Intangible Assets
6 Months Ended
Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets
Goodwill and Other Intangible Assets
The change in the carrying amount of goodwill for the six months ended June 30, 2014 is as follows:
 
(in thousands)
Balance at December 31, 2013
$
152,422

Goodwill acquired
44,509

Other
727

Balance at June 30, 2014
$
197,658


Other intangible assets consisted of the following at June 30, 2014 and December 31, 2013:
 
 
 
June 30, 2014
 
December 31, 2013
 
Amortization
Period
 
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
(in thousands)
Finite-lived intangible assets
 
 
 
 
 
 
 
 
 
 
 
 
 
Developed technologies
3 years
 
$
52,335

 
$
(34,441
)
 
$
17,894

 
$
45,014

 
$
(29,952
)
 
$
15,062

Customer relationships
1-10 years
 
85,633

 
(38,855
)
 
46,778

 
85,823

 
(33,503
)
 
52,320

Vendor relationships
7 years
 
5,650

 
(5,001
)
 
649

 
5,650

 
(4,709
)
 
941

Total finite-lived intangible assets
 
 
143,618

 
(78,297
)
 
65,321

 
136,487

 
(68,164
)
 
68,323

Indefinite-lived intangible assets
 
 
 
 
 
 
 
 
 
 
 
 
 
Tradenames
 
 
41,061

 

 
41,061

 
40,492

 

 
40,492

Total intangible assets
 
 
$
184,679

 
$
(78,297
)
 
$
106,382

 
$
176,979

 
$
(68,164
)
 
$
108,815


Amortization of finite-lived intangible assets was $5.1 million and $4.1 million for the three months ended, and $10.1 million and $7.9 million for the six months ended June 30, 2014 and 2013, respectively.