XML 23 R14.htm IDEA: XBRL DOCUMENT
v3.23.3

Goodwill and Other Intangible Assets, Net | 9 Months Ended
--- | ---
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets, Net | Goodwill and Other Intangible Assets, Net The carrying amount of goodwill was $51.7 million at both September 30, 2023 and December 31, 2022. The gross carrying amount, accumulated amortization and net book value of intangible assets at the end of each period were as follows:
| September 30, 2023 |  | December 31, 2022
(in millions) | Gross Carrying Amount |  | Accumulated Amortization |  | Net Book Value |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Book Value
Customer relationships | $ | 43.2 |  |  | $ | (30.0) |  |  | $ | 13.2 |  |  | $ | 43.2 |  |  | $ | (27.5) |  |  | $ | 15.7 |
Internal-use software | 41.3 |  |  | (13.5) |  |  | 27.8 |  |  | 34.8 |  |  | (12.0) |  |  | 22.8 |
Developed technology | 27.4 |  |  | (2.5) |  |  | 24.9 |  |  | 27.4 |  |  | (1.0) |  |  | 26.4 |
Patents | 36.2 |  |  | (2.6) |  |  | 33.6 |  |  | 11.0 |  |  | (0.4) |  |  | 10.6 |
Total intangible assets | $ | 148.1 |  |  | $ | (48.6) |  |  | $ | 99.5 |  |  | $ | 116.4 |  |  | $ | (40.9) |  |  | $ | 75.5 |
Amortization expense for intangible assets was $2.6 million and $1.9 million for the three months ended September 30, 2023 and 2022, respectively, and was $7.7 million and $5.4 million for the nine months ended September 30, 2023 and 2022, respectively. In February 2023, the Company paid Bigfoot Biomedical, Inc. $25.1 million, including transaction costs, to acquire patent assets related to pump-based automated insulin delivery technologies. The acquired patent assets have a useful life of 11 years.

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://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration