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Table of Contents VMware, Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
Goodwill
Changes in the carrying amount of goodwill for the years ended December 31, 2011 and 2010 consisted of the following (table in
thousands):
Intangible Assets, Net
Changes in the carrying amount of intangible assets, net, excluding goodwill as of December 31, 2011 and 2010 consisted of the following
(table in thousands):
Intangible assets, net, excluding goodwill, as of December 31, 2011 and 2010 consisted of the following (table in thousands):
77
December 31,
2011
2010
Balance, beginning of the year
$
1,568,600
$
1,115,769
Increase in goodwill related to business combinations
188,395
453,420
Deferred tax adjustments to purchase price allocations on previous acquisitions
945
2,062
Other adjustments to purchase price allocations on previous acquisitions
1,140
(2,651
)
Balance, end of the year
$
1,759,080
$
1,568,600
December 31,
2011
2010
Balance, beginning of the year
$
210,928
$
94,557
Additions to intangible assets related to business combinations and asset purchases
116,800
151,129
Purchase of leasehold interest (see Note G)
146,757
—
Change in accumulated amortization
(67,110
)
(34,758
)
Balance, end of the year
$
407,375
$
210,928
2011
Weighted-
Average
Useful Lives
(in years)
Gross Carrying
Amount
Accumulated
Amortization
Net Book
Value
Purchased technology
5.1
$
374,252
$
(203,257
)
$
170,995
Customer relationships and customer lists
7.3
125,964
(45,975
)
79,989
Trademarks and tradenames
6.3
24,950
(13,650
)
11,300
Leasehold interest
34.9
146,757
(2,524
)
144,233
Other
3.0
3,055
(2,197
)
858
Total intangible assets, net, excluding goodwill
$
674,978
$
(267,603
)
$
407,375
2010
Weighted-
Average
Useful Lives
(in years)
Gross Carrying
Amount
Accumulated
Amortization
Net Book
Value
Purchased technology
4.8
$
279,052
$
(157,409
)
$
121,643
Customer relationships and customer lists
7.9
88,994
(23,856
)
65,138
Trademarks and tradenames
6.2
24,780
(11,116
)
13,664
Other
4.3
18,425
(7,942
)
10,483
Total intangible assets, net, excluding goodwill
$
411,251
$
(200,323
)
$
210,928