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Goodwill and Acquired Intangibles (Tables) | 9 Months Ended
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Oct. 02, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes in the carrying amount of goodwill | The changes in the carrying amount of goodwill during the nine months ended October 2, 2021 were as follows:
| Gross Carrying Amount
| (In thousands)
Balance as of January 2, 2021 | $ | 782,087 |
Goodwill resulting from acquisitions | 150,021 |
Measurement period adjustments | (633) |
Effect of foreign currency translation | (5,526) |
Balance as of October 2, 2021 | $ | 925,949 |
Schedule of acquired intangibles with finite and indefinite lives (excluding goodwill) | Acquired intangibles as of October 2, 2021 were as follows, excluding intangibles that were fully amortized as of January 2, 2021:
| Gross Carrying Amount |  | Accumulated Amortization |  | Acquired Intangibles, Net
| (In thousands)
Existing technology | $ | 402,640 |  |  | $ | (242,829) |  |  | $ | 159,811 |
Agreements and relationships | 205,454 |  |  | (125,436) |  |  | 80,018 |
Tradenames, trademarks and patents | 10,741 |  |  | (2,942) |  |  | 7,799 |
Total acquired intangibles with definite lives | $ | 618,835 |  |  | $ | (371,207) |  |  | $ | 247,628 |
Acquired intangibles as of January 2, 2021 were as follows, excluding intangibles that were fully amortized as of December 28, 2019:
| Gross Carrying Amount |  | Accumulated Amortization |  | Acquired Intangibles, Net
| (In thousands)
Existing technology | $ | 370,838 |  |  | $ | (230,654) |  |  | $ | 140,184 |
Agreements and relationships | 180,023 |  |  | (113,629) |  |  | 66,394 |
Tradenames, trademarks and patents | 10,590 |  |  | (6,578) |  |  | 4,012 |
Total acquired intangibles with definite lives | $ | 561,451 |  |  | $ | (350,861) |  |  | $ | 210,590 |
Amortization of acquired intangibles | Amortization expense for the three and nine months ended October 2, 2021 and September 26, 2020 by condensed consolidated income statement caption was as follows:
| Three Months Ended |  | Nine Months Ended
| October 2, 2021 |  | September 26, 2020 |  | October 2, 2021 |  | September 26, 2020
| (In thousands)
Cost of product and maintenance | $ | 11,774 |  |  | $ | 11,447 |  |  | $ | 35,774 |  |  | $ | 33,791 |
Amortization of acquired intangibles | 5,000 |  |  | 4,438 |  |  | 14,661 |  |  | 13,234 |
Total amortization of acquired intangibles | $ | 16,774 |  |  | $ | 15,885 |  |  | $ | 50,435 |  |  | $ | 47,025 |
Estimated amortization expense | As of October 2, 2021, the estimated amortization expense for acquired intangible assets with definite lives was as follows for the following five fiscal years and thereafter:
| (In thousands)
2021 - remaining period | $ | 16,724 |
2022 | 50,022 |
2023 | 34,492 |
2024 | 32,732 |
2025 | 22,092 |
2026 | 17,087 |
Thereafter | 74,479 |
Total estimated amortization expense | $ | 247,628 |

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