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Intangible Assets and Goodwill (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of changes in carrying amount of goodwill

The following tables present goodwill information for the years ended December 31, 2021 and December 31, 2020:


(In thousands)	December 31, 2020		Additions to Goodwill (1)		December 31, 2021
Total goodwill	$	183,222	$	95,588	$	278,810

______________________________________

(1) In July 2021, the Company acquired AnalogX and in August 2021, the Company acquired PLDA, which resulted in the Company recognizing additional goodwill. Refer to Note 21, “Acquisitions,” for additional information.


	As of December 31, 2021
(In thousands)	Gross Carrying Amount		Accumulated Impairment Losses		Net Carrying Amount
Total goodwill	$	300,580	$	(21,770)	$	278,810


(In thousands)	December 31, 2019		Adjustment to Goodwill (1)		December 31, 2020
Total goodwill	$	183,465	$	(243)	$	183,222

______________________________________

(1) Working capital adjustments related to the acquisition of Northwest Logic, Inc. (“Northwest Logic”).


	As of December 31, 2020
(In thousands)	Gross Carrying Amount		Accumulated Impairment Losses		Net Carrying Amount
Total goodwill	$	204,992	$	(21,770)	$	183,222

Components of intangible assets

The components of the Company’s intangible assets as of December 31, 2021 and December 31, 2020 were as follows:


		As of December 31, 2021
(In thousands, except useful life)	Useful Life	Gross Carrying Amount (1)		Accumulated Amortization (1)		Net Carrying Amount


Existing technology	3 to 10 years	$	292,058	$	(247,422)	$	44,636
Customer contracts and contractual relationships	0.5 to 10 years	37,793		(35,209)		2,584
Non-compete agreements and trademarks	3 years	300		(300)		—
IPR&D	Not applicable	11,200		—		11,200
Total intangible assets		$	341,351	$	(282,931)	$	58,420

______________________________________

(1) In July 2021, the Company acquired AnalogX and in August 2021, the Company acquired PLDA, which resulted in the Company recognizing additional intangible assets. Refer to Note 21, “Acquisitions,” for additional information.


		As of December 31, 2020
(In thousands, except useful life)	Useful Life	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount


Existing technology	3 to 10 years	$	263,789	$	(230,950)	$	32,839
Customer contracts and contractual relationships	0.5 to 10 years	36,293		(34,245)		2,048
Non-compete agreements and trademarks	3 years	300		(300)		—
IPR&D	Not applicable	1,600		—		1,600
Total intangible assets		$	301,982	$	(265,495)	$	36,487

Estimated future amortization expense of intangible assets

The estimated future amortization expense of intangible assets as of December 31, 2021 was as follows (in thousands):


Years Ending December 31:	Amount
2022	$	14,507
2023	13,491
2024	11,180
2025	5,180
2026	2,862
Thereafter	—
Total amortizable purchased intangible assets	47,220
IPR&D	11,200
Total intangible assets	$	58,420