XML 29 R15.htm IDEA: XBRL DOCUMENT

GOODWILL AND OTHER INTANGIBLE ASSETS, NET

12 Months Ended

Dec. 31, 2021

Text Block [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS, NET

NOTE 7:-

GOODWILL AND INTANGIBLE ASSETS, NET

a.

Goodwill:


		2021				2020
Balance as of January 1		$	1,002.2			$	981.9
Acquisitions			194.0				20.3

Balance as of December 31		$	1,196.2			$	1,002.2

b.

Intangible assets, net:


		Useful				December 31,
		Life				2021				2020
Original amount:
Core technology			8			$	82.2			$	55.4
Trademarks and trade names			15 – 20				25.5				25.5
Customer relationship			4				5.8				-


							113.5				80.9


Accumulated amortization:
Core technology							28.0				20.0
Trademarks and trade names							24.0				22.4
Customer relationship							0.5				-


							52.5				42.4


Intangible assets, net:
Core technology							54.2				35.4
Trademarks and trade names							1.5				3.1
Customer relationship							5.3				-


						$	61.0			$	38.5

Intangible assets which were fully amortized as of the prior year, are disposed from the original amount and the accumulated amortization balances.

The estimated future amortization expense of Intangible assets as of December 31, 2021 is as follows:


2022		$	12.1
2023			10.5
2024			10.2
2025			9.7
2026			7.6
Thereafter			10.9


		$	61.0