Quarterly report pursuant to sections 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v2.4.0.6
Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2012
Goodwill and Intangible Assets [Abstract]  
Carrying amount and accumulated amortization of intangible assets

The carrying amount and accumulated amortization of intangible assets as of September 30, 2012 and December 31, 2011 were as follows (in thousands):

 

                         
    September 30, 2012  
    Gross Assets     Accumulated
Amortization
    Net  

Physician and customer relationships

  $ 32,865     $ 9,825     $ 23,040  

Non-competition agreements

    848       395       453  

Software

    1,690       923       767  
   

 

 

   

 

 

   

 

 

 

Total amortizable intangible assets

    35,403       11,143       24,260  

Non amortizing Trade Names

    2,000       —         2,000  
   

 

 

   

 

 

   

 

 

 

Total intangible assets

  $ 37,403     $ 11,143     $ 26,260  
   

 

 

   

 

 

   

 

 

 
   
    December 31, 2011  
    Gross Assets     Accumulated
Amortization
    Net  

Physician and customer relationships

  $ 32,865     $ 8,182     $ 24,683  

Non-competition agreements

    848       258       590  

Software

    1,593       645       948  
   

 

 

   

 

 

   

 

 

 

Total amortizable intangible assets

    35,306       9,085       26,221  

Non amortizing Trade Names

    2,000       —         2,000  
   

 

 

   

 

 

   

 

 

 

Total intangible assets

  $ 37,306     $ 9,085     $ 28,221  
   

 

 

   

 

 

   

 

 

 
Schedule of expected annual amortization expense for intangible assets

Expected annual amortization expense for intangible assets recorded as of September 30, 2012 is as follows (in thousands):

 

                                         
    2012     2013     2014     2015     2016  

Amortization expense

  $ 2,733     $ 2,604     $ 2,454     $ 2,265     $ 2,191