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INTANGIBLE ASSETS AND GOODWILL (Tables) | 9 Months Ended
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Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of net-book value and estimated remaining life and finite lived intangible assets | The following table summarizes the net-book-value and estimated remaining life of the Company’s intangible assets as of September 30, 2021:
(In thousands) |  | Weighted Average Remaining Life (Years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Balance at September 30, 2021
Finite-lived intangible assets |  |  |  |  |  |  |  |
Trade name |  | 14.1 |  | $ | 100,700 |  |  | $ | (11,980) |  |  | $ | 88,720 |
Customer relationships |  | 12.0 |  | 2,700 |  |  | (539) |  |  | 2,161 |
Patents |  | 3.0 |  | 10,442 |  |  | (6,427) |  |  | 4,015 |
Acquired developed technology |  | 8.4 |  | 853,171 |  |  | (155,404) |  |  | 697,767 |
Supply agreements |  | 5.7 |  | 2,295 |  |  | — |  |  | 2,295 |
Total finite-lived intangible assets |  |  |  | 969,308 |  |  | (174,350) |  |  | 794,958 |
In-process research and development |  | n/a |  | 1,250,000 |  |  | — |  |  | 1,250,000 |
Total intangible assets |  |  |  | $ | 2,219,308 |  |  | $ | (174,350) |  |  | $ | 2,044,958 |
The following table summarizes the net-book-value and estimated remaining life of the Company’s intangible assets as of December 31, 2020:
(In thousands) |  | Weighted Average Remaining Life (Years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net balance at December 31, 2020
Finite-lived intangible assets |  |  |  |  |  |  |  |
Trade name |  | 14.9 |  | $ | 100,700 |  |  | $ | (7,258) |  |  | $ | 93,442 |
Customer relationships |  | 12.8 |  | 2,700 |  |  | (404) |  |  | 2,296 |
Patents |  | 3.7 |  | 10,441 |  |  | (5,422) |  |  | 5,019 |
Acquired developed technology |  | 9.0 |  | 814,171 |  |  | (93,278) |  |  | 720,893 |
Supply agreements |  | 6.5 |  | 30,000 |  |  | (4,527) |  |  | 25,473 |
Total intangible assets |  |  |  | $ | 958,012 |  |  | $ | (110,889) |  |  | $ | 847,123 |
Schedule of estimated future amortization expense, intangible assets | As of September 30, 2021, the estimated future amortization expense associated with the Company’s finite-lived intangible assets for each of the five succeeding fiscal years is as follows:
(In thousands) |  |
2021 (remaining three months) |  | $ | 23,053 |
2022 |  | 92,205 |
2023 |  | 92,202 |
2024 |  | 91,868 |
2025 |  | 90,820 |
Thereafter |  | 404,810 |
|  | $ | 794,958 |
Schedule of carrying amount of goodwill | The change in the carrying amount of goodwill for the periods ended September 30, 2021 and December 31, 2020 is as follows:
(In thousands) |  |
Balance, January 1, 2020 |  | $ | 1,203,197 |
Paradigm & Viomics acquisition |  | 30,431 |
Genomic Health acquisition adjustment (1) |  | 4,044 |
Balance, December 31, 2020 |  | $ | 1,237,672 |
Thrive acquisition |  | 948,105 |
Ashion Acquisition |  | 56,758 |
Balance September 30, 2021 |  | $ | 2,242,535 |
______________ (1)The Company recognized a measurement period adjustment to goodwill related to an increase in Genomic Health’s pre-acquisition deferred tax liability due to finalization of certain income-tax related items.

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