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GOODWILL AND ACQUIRED INTANGIBLES (Tables)
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in the carrying amount of 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 translation41,046 
Balance as of March 31, 2025$2,419,717 
Schedule of acquired intangibles with finite and indefinite lives (excluding goodwill)
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 relationships393,700 (85,852)307,848 
Tradenames, trademarks and patents28,865 (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 relationships386,365 (78,605)307,760 
Tradenames, trademarks and patents28,113 (7,466)20,647 
Total acquired intangibles$879,931 $(285,197)$594,734 
Amortization of acquired intangibles 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 intangibles8,922 5,407 
Total amortization of acquired intangibles$25,416 $16,755 
Estimated amortization expense
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 
202688,564 
202785,334 
202880,668 
202965,995 
203040,842 
Thereafter154,511 
Total estimated amortization expense$584,228