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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the three months ended March 31, 2019 were as follows:

 

 

Goodwill

 

 

(in thousands)

 

Balance as of December 31, 2018

$

632,370

 

Foreign currency translation

 

(2,774

)

Balance as of March 31, 2019

$

629,596

 

 

Schedule of Intangible Assets

Intangible assets consisted of the following:

 

 

March 31, 2019

 

 

Weighted-

Average

Remaining

Useful Life -

Years

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

 

 

(in thousands, except years)

 

Domain names

 

1.5

 

 

$

5,414

 

 

$

4,554

 

 

$

860

 

Trademarks

 

1.2

 

 

 

5,772

 

 

 

4,407

 

 

 

1,365

 

Acquired developed technology

 

3.6

 

 

 

179,330

 

 

 

86,899

 

 

 

92,431

 

Customer relationships

 

2.0

 

 

 

15,572

 

 

 

8,893

 

 

 

6,679

 

Patents

 

6.6

 

 

 

19,710

 

 

 

5,659

 

 

 

14,051

 

 

 

 

 

 

$

225,798

 

 

$

110,412

 

 

$

115,386

 

 

 

December 31, 2018

 

 

Weighted-

Average

Remaining

Useful Life -

Years

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

 

 

(in thousands except years)

 

Domain names

 

1.6

 

 

 

5,414

 

 

$

4,283

 

 

$

1,131

 

Trademarks

 

1.4

 

 

 

5,772

 

 

 

4,076

 

 

 

1,696

 

Acquired developed technology

 

3.8

 

 

 

179,791

 

 

 

78,729

 

 

 

101,062

 

Customer relationships

 

2.1

 

 

 

15,572

 

 

 

8,012

 

 

 

7,560

 

Patents

 

6.9

 

 

 

19,710

 

 

 

5,105

 

 

 

14,605

 

 

 

 

 

 

$

226,259

 

 

$

100,205

 

 

$

126,054

 

 

Schedule of Estimated Intangible Asset Amortization Expense

As of March 31, 2019, the estimated intangible asset amortization expense for the next five years and thereafter is as follows:

 

 

Estimated

Amortization

 

 

(in thousands)

 

Remainder of 2019

$

28,229

 

2020

 

32,113

 

2021

 

25,050

 

2022

 

15,411

 

2023

 

8,378

 

Thereafter

 

6,205

 

Total

$

115,386