Quarterly report pursuant to Section 13 or 15(d)

Goodwill and intangible assets

v2.4.0.6
Goodwill and intangible assets
3 Months Ended
Oct. 31, 2012
Goodwill and Intangible Assets Disclosure [Text Block]

Note 5 – Goodwill and intangible assets


At October 31, 2012 and July 31, 2012, the Company’s net carrying amount of goodwill related to the Clinical Labs segment, is $7,452.


Intangible assets


The Company’s change in the net carrying amount of intangible assets, all in the Life Sciences segment is as follows:


 

 

 

 

 

 

 

 

 

 

 

 

 

Gross

 

Accumulated Amortization

 

Net

 

 

 

 

 

 

 

 

 

July 31, 2012

 

$

27,904

 

$

(16,124

)

$

11,780

 

Amortization expense

 

 

 

 

(497

)

 

(497

)

Foreign currency translation

 

 

314

 

 

(177

)

 

137

 

 

 

   

 

   

 

   

 

October 31, 2012

 

$

28,218

 

$

(16,798

)

$

11,420

 

 

 

   

 

   

 

   

 


Intangible assets consist of the following:


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

October 31, 2012

 

July 31, 2012

 

 

 

 

 

 

 

 

 

Gross

 

Accumulated
Amortization

 

Net

 

Gross

 

Accumulated
Amortization

 

Net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Patents

 

$

11,027

 

$

(10,472

)

$

555

 

$

11,027

 

$

(10,439

)

$

588

 

Customer relationships

 

 

12,474

 

 

(4,680

)

 

7,794

 

 

12,304

 

 

(4,356

)

 

7,948

 

Website and acquired content

 

 

1,029

 

 

(911

)

 

118

 

 

1,019

 

 

(874

)

 

145

 

Licensed technology and other

 

 

491

 

 

(330

)

 

161

 

 

485

 

 

(300

)

 

185

 

Trademarks

 

 

3,197

 

 

(405

)

 

2,792

 

 

3,069

 

 

(155

)

 

2,914

 

 

 

   

 

   

 

   

 

   

 

   

 

   

 

Total

 

$

28,218

 

$

(16,798

)

$

11,420

 

$

27,904

 

$

(16,124

)

$

11,780

 

 

 

   

 

   

 

   

 

   

 

   

 

   

 


At October 31, 2012 information with respect to the intangibles acquired is as follows:


 

 

Useful life assigned

 

Weighted average
remaining useful life

 

   
Minimum
 
Maximum
       

 

 

         

 

 

 

Customer relationships

 

8

 
15
 

 

 

8 years

 

Trademarks

 

 

 
 
5

 

 

4.5 years

 

Other intangibles

 

4

 
10
 

 

 

2 years

 


At October 31, 2012, the weighted average useful lives of amortizable intangible assets were approximately seven years.