Incredimail 2013 Annual Report Download - page 120
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PERION NETWORK LTD. AND ITS SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
U.S. dollars in thousands (except share and per share data)
NOTE 5:- PROPERTY AND EQUIPMENT, NET
Depreciation expenses totaled $ 588, $ 657 and $ 813, for the years ended December 31, 2011, 2012 and 2013, respectively.
During 2012 the Company recorded a reduction of $ 846 to the cost and accumulated depreciation for fully depreciated
equipment no longer in use. During 2013 the Company recorded a reduction of $ 11 to the cost and a reduction of
$ 8 to
accumulated depreciation for depreciated equipment no longer in use.
NOTE 6:- GOODWILL AND OTHER INTANGIBLE ASSETS, NET
December 31,
2012
2013
Cost:
Computers and peripheral equipment
$
3,745
$
4,220
Office furniture and equipment
670
796
Leasehold improvements
618
677
5,033
5,693
Accumulated depreciation
3,511
4,316
Property and equipment, net
$
1,522
$
1,377
a. Goodwill:
The changes in the carrying amount of goodwill for the years ended December 31,2012 and 2013 are as follows:
2012
2013
Balance as of January 1
$
24,753
$
37,435
Changes during year
12,682
-
Balance as of December 31
$
37,435
$
37,435
F
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