XML 37 R24.htm IDEA: XBRL DOCUMENT
v3.21.2

GOODWILL AND INTANGIBLE ASSETS (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill and Intangible Assets | Goodwill and intangible assets, net, are as follows:
|  | September 30, 2021 |  | December 31, 2020
|  | (In thousands)
Goodwill |  | $ | 2,427,450 |  |  | $ | 1,270,532 |
Intangible assets with indefinite lives |  | 585,679 |  |  | 226,605 |
Intangible assets with definite lives, net |  | 207,323 |  |  | 4,295 |
Total goodwill and intangible assets, net |  | $ | 3,220,452 |  |  | $ | 1,501,432 |
The following table presents the balance of goodwill, including the changes in the carrying value of goodwill, for the nine months ended September 30, 2021:
| (In thousands)
Balance at December 31, 2020 | $ | 1,270,532 |
Additions | 1,243,331 |
Foreign Exchange Translation | (86,413) |
Balance at September 30, 2021 | $ | 2,427,450 |
Schedule of Intangible Assets Acquired in Various Acquisitions | Intangible assets with indefinite lives consist of trade names and trademarks acquired in various business acquisitions. At September 30, 2021 and December 31, 2020, intangible assets with definite lives are as follows:
|  | September 30, 2021
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net |  | Weighted-Average Useful Life (Years)
|  | (In thousands) |  |
Customer lists |  | $ | 128,304 |  |  | $ | (8,406) |  |  | $ | 119,898 |  |  | 4.8
Patents and technology |  | 101,001 |  |  | (13,893) |  |  | 87,108 |  |  | 4.2
Trade names |  | 5,140 |  |  | (4,946) |  |  | 194 |  |  | 1.3
Other |  | 3,426 |  |  | (3,303) |  |  | 123 |  |  | 2.8
Total |  | $ | 237,871 |  |  | $ | (30,548) |  |  | $ | 207,323 |  |  | 4.6
|  | December 31, 2020
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net |  | Weighted-Average Useful Life (Years)
|  | (In thousands) |  |
Customer lists |  | $ | 288 |  |  | $ | (288) |  |  | $ | — |  |  | — |
Patents and technology |  | 11,044 |  |  | (6,943) |  |  | 4,101 |  |  | 9.3
Trade names |  | 5,114 |  |  | (5,114) |  |  | — |  |  | — |
Other |  | 3,400 |  |  | (3,206) |  |  | 194 |  |  | 3.0
Total |  | $ | 19,846 |  |  | $ | (15,551) |  |  | $ | 4,295 |  |  | 9.0
Schedule of Amortization of Intangible Assets | At September 30, 2021, future amortization of intangible assets with definite lives is estimated to be as follows:
|  | (In thousands)
Remainder of 2021 |  | $ | 12,832 |
2022 |  | 51,256
2023 |  | 48,989
2024 |  | 47,063
2025 |  | 34,862
2026 and thereafter |  | 12,321
Total |  | $ | 207,323 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of acquired indefinite-lived intangible assets. Indefinite-lived intangible assets are assets that have no physical form, but have expected future economic benefit. Indefinite-lived assets are assets that are not subject to amortization. Acquired indefinite-lived intangible assets are disclosed by major class (assets that can be grouped together because they are similar, either by their nature or by their use in operations of the entity) and in total. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfAcquiredIndefiniteLivedIntangibleAssetsByMajorClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration