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GOODWILL AND ACQUIRED INTANGIBLES (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in the carrying amount of goodwill
The changes in the carrying amount of goodwill during fiscal 2024 and 2023 were as follows:
 Gross Carrying
Amount
 (In thousands)
Balance as of December 31, 2022$1,374,268 
Goodwill resulting from acquisitions160,083 
Effect of foreign currency translation1,494 
Balance as of December 31, 20231,535,845 
Goodwill resulting from acquisitions889,585 
Effect of foreign currency translation(46,759)
Balance as of December 31, 2024$2,378,671 
Acquired intangibles with finite lives (excluding goodwill), excluding intangibles fully amortized at end of prior fiscal year
Acquired intangibles as of December 31, 2024, were as follows, excluding intangibles that were fully amortized as of December 31, 2023:
Gross Carrying
Amount
Accumulated
Amortization
Acquired
Intangibles, Net
 (In thousands)
Existing technology$465,453 $(199,126)$266,327 
Agreements and relationships386,365 (78,605)307,760 
Tradenames, trademarks and patents28,113 (7,466)20,647 
Total acquired intangibles$879,931 $(285,197)$594,734 
Acquired intangibles as of December 31, 2023, were as follows, excluding intangibles that were fully amortized as of December 31, 2022:
Gross Carrying
Amount
Accumulated
Amortization
Acquired
Intangibles, Net
 (In thousands)
Existing technology$325,710 $(141,659)$184,051 
Agreements and relationships198,259 (61,395)136,864 
Tradenames, trademarks and patents13,460 (4,332)9,128 
Total acquired intangibles with definite lives$537,429 $(207,386)$330,043 
In-process technology6,800 — 6,800 
Total acquired intangibles$544,229 $(207,386)$336,843 
Amortization of acquired intangibles Amortization expense for fiscal 2024, 2023 and 2022, by consolidated income statement caption, was as follows:
202420232022
 (In thousands)
Cost of product and maintenance$60,074 $43,808 $41,348 
Amortization of acquired intangibles30,375 18,162 18,470 
Total amortization of acquired intangibles$90,449 $61,970 $59,818 
Estimated amortization expense
As of December 31, 2024, the estimated amortization expense for intangible assets with definite lives was as follows for the following five fiscal years and thereafter:
 (In thousands)
2025$91,486 
202686,763 
202784,480 
202879,023 
202964,292 
Thereafter188,690 
Total estimated amortization expense$594,734