EMC 2002 Annual Report Download - page 58

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Table of Contents
EMC CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Intangible assets as of December 31, 2002 and December 31, 2001 consist of (table in thousands):
December 31,
2002 December 31, 2001
Purchased technology $ 117,852 $ 95,305
Accumulated amortization (66,960) (50,295)
$ 50,892 $ 45,010
Patents $ 61,857 $ 57,157
Accumulated amortization (47,658) (38,174)
$ 14,199 $ 18,983
OEM contract $ 1,900 $ —
Accumulated amortization (119) —
$ 1,781 $ —
Trademarks and customer lists $ 14,684 $ 14,684
Accumulated amortization (11,350) (9,750)
$ 3,334 $ 4,934
Total intangible assets, excluding goodwill $ 196,293 $ 167,146
Accumulated amortization (126,087) (98,219)
$ 70,206 $ 68,927
Goodwill $ 266,961 $ 250,287
Accumulated amortization (61,931) (61,931)
$ 205,030 $ 188,356
Amortization expense on intangibles was $27.9 million, $86.0 million and $77.3 million in 2002, 2001 and 2000, respectively. The 2001 and 2000
amounts included amortization of goodwill. As of December 31, 2002, amortization expense on existing intangibles for the next five years was as follows
(table in thousands):
2003 $29,556
2004 20,400
2005 9,543
2006 7,580
2007 3,127
Total $70,206
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