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6. Goodwill and Other Intangible Assets
Changes in the carrying value of goodwill from December 31, 2011 to December 31, 2012 are as follows (in
thousands):
Goodwill – December 31, 2010 ....................... $ 60,217
Additions ........................................ 35,946
Foreign currency translation adjustments ............... 63
Goodwill adjustments ............................... (4,461)
Goodwill – December 31, 2011 ....................... 91,765
Additions ........................................ 117,541
Foreign currency translation adjustments ............... (487)
Goodwill adjustments ............................... 136
Goodwill – December 31, 2012 ....................... $208,955
The details of our acquisition-related intangible assets are as follows (in thousands):
December 31, 2012
Gross Carrying
Value
Accumulated
Amortization Net Book Value
Developed technology ......................... $ 81,295 $(63,428) $17,867
Trademarks, branding and domain names .......... 15,519 (4,012) 11,507
Acquired lease intangibles ...................... 5,707 (1,418) 4,289
Total ....................................... $102,521 $(68,858) $33,663
December 31, 2011
Gross Carrying
Value
Accumulated
Amortization Net Book Value
Developed technology ......................... $ 63,702 $(40,510) $23,192
Trademarks, branding and domain names .......... 10,537 (1,617) 8,920
Total ....................................... $ 74,239 $(42,127) $32,112
Amortization expense of intangible assets for the years ended December 31, 2012, 2011 and 2010 were
$42.3 million, $29.5 million and $8.8 million respectively. As of December 31, 2012, future amortization
expense related to the intangible assets is expected to be recognized as shown below (in thousands):
Year ending December 31:
2013 ............................................. $12,286
2014 ............................................. 7,353
2015 ............................................. 3,470
2016 and thereafter .................................. 167
Total ............................................. $23,276
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