XML 37 R11.htm IDEA: XBRL DOCUMENT
v3.25.1

GOODWILL AND ACQUIRED INTANGIBLES | 3 Months Ended
--- | ---
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND ACQUIRED INTANGIBLES | GOODWILL AND ACQUIRED INTANGIBLES Goodwill The changes in the carrying amount of goodwill during the three months ended March 31, 2025 were as follows:
| Gross Carrying Amount
| (In thousands)
Balance as of December 31, 2024 | $ | 2,378,671 |
Effect of foreign currency translation | 41,046 |
Balance as of March 31, 2025 | $ | 2,419,717 |
Acquired Intangibles, Net Acquired intangibles as of March 31, 2025 were as follows:
| Gross Carrying Amount |  | Accumulated Amortization |  | Acquired Intangibles, Net
| (In thousands)
Existing technology | $ | 460,255 |  |  | $ | (204,291) |  |  | $ | 255,964 |
Agreements and relationships | 393,700 |  |  | (85,852) |  |  | 307,848 |
Tradenames, trademarks and patents | 28,865 |  |  | (8,449) |  |  | 20,416 |
Total acquired intangibles | $ | 882,820 |  |  | $ | (298,592) |  |  | $ | 584,228 |
Acquired intangibles as of December 31, 2024 were as follows:
| Gross Carrying Amount |  | Accumulated Amortization |  | Acquired Intangibles, Net
| (In thousands)
Existing technology | $ | 465,453 |  |  | $ | (199,126) |  |  | $ | 266,327 |
Agreements and relationships | 386,365 |  |  | (78,605) |  |  | 307,760 |
Tradenames, trademarks and patents | 28,113 |  |  | (7,466) |  |  | 20,647 |
Total acquired intangibles | $ | 879,931 |  |  | $ | (285,197) |  |  | $ | 594,734 |
Amortization expense from existing technology is included in cost of product and maintenance. Amortization expense for the three months ended March 31, 2025 and March 31, 2024 by condensed consolidated income statement caption was as follows:
|  |  | Three Months Ended
|  |  |  |  | March 31, 2025 |  | March 31, 2024
|  |  |  |  | (In thousands)
Cost of product and maintenance |  |  |  |  | $ | 16,494 |  |  | $ | 11,348 |
Amortization of acquired intangibles |  |  |  |  | 8,922 |  |  | 5,407 |
Total amortization of acquired intangibles |  |  |  |  | $ | 25,416 |  |  | $ | 16,755 |
As of March 31, 2025, the estimated amortization expense for intangible assets with definite lives was as follows for the following five fiscal years and thereafter:
| (In thousands)
2025 - remaining period | $ | 68,314 |
2026 | 88,564 |
2027 | 85,334 |
2028 | 80,668 |
2029 | 65,995 |
2030 | 40,842 |
Thereafter | 154,511 |
Total estimated amortization expense | $ | 584,228 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration