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Goodwill and Intangible Assets

3 Months Ended

Mar. 31, 2023

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: