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Goodwill and Intangible Assets | 3 Months Ended
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Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets The changes in the carrying amount of goodwill for the three months ended March 31, 2023 were as follows:
| Goodwill
| (in thousands)
Balance as of December 31, 2022 | $ | 1,646,120 |
Goodwill acquired | — |
Foreign currency translation | 2,977 |
Balance as of March 31, 2023 | $ | 1,649,097 |
Intangible assets consisted of the following:
| As of March 31, 2023
| Weighted- Average Remaining Useful Life - Years |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
| (in thousands, except years)
Domain names | 3.8 |  | $ | 745 |  |  | $ | (497) |  |  | $ | 248 |
Trademarks | 1.0 |  | 800 |  |  | (544) |  |  | 256 |
Technology | 2.9 |  | 308,745 |  |  | (161,642) |  |  | 147,103 |
Customer relationships | 5.7 |  | 21,000 |  |  | (7,672) |  |  | 13,328 |
Patents | 9.0 |  | 39,373 |  |  | (15,958) |  |  | 23,415 |
Other | 0.8 |  | 6,000 |  |  | (3,626) |  |  | 2,374 |
|  |  | $ | 376,663 |  |  | $ | (189,939) |  |  | $ | 186,724 |
| As of December 31, 2022
| Weighted- Average Remaining Useful Life - Years |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
| (in thousands, except years)
Domain names | 4.0 |  | $ | 954 |  |  | $ | (690) |  |  | $ | 264 |
Trademarks | 1.2 |  | 800 |  |  | (478) |  |  | 322 |
Technology | 3.1 |  | 340,375 |  |  | (178,427) |  |  | 161,948 |
Customer relationships | 5.7 |  | 21,000 |  |  | (6,641) |  |  | 14,359 |
Patents | 9.1 |  | 39,373 |  |  | (14,912) |  |  | 24,461 |
Other | 1.0 |  | $ | 6,000 |  |  | $ | (2,874) |  |  | $ | 3,126 |
|  |  | $ | 408,502 |  |  | $ | (204,022) |  |  | $ | 204,480 |
Amortization of intangible assets was $17.8 million and $22.5 million for the three months ended March 31, 2023 and 2022, respectively. As of March 31, 2023, the estimated intangible asset amortization expense for the next five years and thereafter is as follows:
| Estimated Amortization
| (in thousands)
Remainder of 2023 | $ | 52,363 |
2024 | 57,177 |
2025 | 41,102 |
2026 | 16,673 |
2027 | 7,293 |
Thereafter | 12,116 |
Total | $ | 186,724 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI https://asc.fasb.org/topic&trid=2144416 + Details
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