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Intangible Assets and Goodwill
3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets and Goodwill Intangible Assets and Goodwill
Goodwill
The following tables present goodwill information for the three months ended March 31, 2023:
(In thousands)As of December 31, 2022Adjustments to GoodwillAs of March 31, 2023
Total goodwill$292,040 $— $292,040 
As of March 31, 2023
(In thousands)Gross Carrying AmountAccumulated Impairment LossesNet Carrying Amount
Total goodwill$313,810 $(21,770)$292,040 
Intangible Assets, Net
The components of the Company’s intangible assets as of March 31, 2023 and December 31, 2022 were as follows:
  As of March 31, 2023
(In thousands)Useful Life
Gross Carrying
 Amount
Accumulated
 Amortization
Net Carrying
 Amount
Existing technology
3 to 10 years
$299,925 $(265,311)$34,614 
Customer contracts and contractual relationships
0.5 to 10 years
37,996 (36,874)1,122 
Trademarks
3 years
300 (300)— 
In-process research and development (“IPR&D”)Not applicable11,200 — 11,200 
Total intangible assets $349,421 $(302,485)$46,936 
  As of December 31, 2022
(In thousands)Useful Life
Gross Carrying
 Amount
Accumulated
 Amortization
Net Carrying
 Amount
Existing technology
3 to 10 years
$299,925 $(261,708)$38,217 
Customer contracts and contractual relationships
0.5 to 10 years
37,996 (36,533)1,463 
Trademarks
3 years
300 (300)— 
IPR&DNot applicable11,200 — 11,200 
Total intangible assets $349,421 $(298,541)$50,880 
Amortization expense for intangible assets for the three months ended March 31, 2023 and 2022 was $3.9 million and $3.8 million, respectively.
The estimated future amortization of intangible assets as of March 31, 2023 was as follows (in thousands):
Years Ending December 31:Amount
2023 (remaining nine months)$11,490 
202412,722 
20256,683 
20264,365 
2027476 
Thereafter— 
Total amortizable purchased intangible assets35,736 
IPR&D11,200 
Total intangible assets$46,936