GOODWILL AND INTANGIBLE ASSETS
 3 Months Ended
Mar. 31, 2015
GOODWILL AND INTANGIBLE ASSETS  
GOODWILL AND INTANGIBLE ASSETS

8. GOODWILL AND INTANGIBLE ASSETS

 

Goodwill and intangible assets consisted of the following:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

 

 

March 31, 2015

 

 

    

Weighted

    

Gross

    

 

 

    

 

 

 

 

 

Amortizable

 

Carrying

 

Accumulated

 

Net Carrying

 

(In thousands)

 

Life

 

Amount

 

Amortization

 

Amount

 

Goodwill

 

 

 

$
94,212 

 

$

 —

 

$
94,212 

 

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

Collaboration agreements

 

12

 

$
499,700 

 

$
(139,776)

 

$
359,924 

 

NanoCrystal technology

 

13

 

 
74,600 

 

 
(14,483)

 

 
60,117 

 

OCR technologies

 

12

 

 
66,300 

 

 
(22,149)

 

 
44,151 

 

Total

 

 

 

$
640,600 

 

$
(176,408)

 

$
464,192 

 

 

Based on the Company’s most recent analysis, amortization of intangible assets included within its condensed consolidated balance sheet at March 31, 2015 is expected to be approximately $60.0 million, $60.0 million, $60.0 million, $60.0 million and $55.0 million in the years ending December 31, 2015 through 2019, respectively. Although the Company believes such available information and assumptions are reasonable, given the inherent risks and uncertainties underlying its expectations regarding such future revenues, there is the potential for the Company’s actual results to vary significantly from such expectations. If revenues are projected to change, the related amortization of the intangible assets will change in proportion to the change in revenues.