XML 27 R15.htm IDEA: XBRL DOCUMENT
v3.23.1

Intangible Assets | 3 Months Ended
--- | ---
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets | 8. Intangible Assets The gross amount and accumulated amortization of intangible assets with finite useful lives included in “Intangible assets, net” on the consolidated balance sheets are as follows (in thousands except for years):
|  | March 31, 2023 |  |  | December 31, 2022 |  |  | Weighted Average |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Amortization Period (in years) |
Backlog |  | $ | 142,200 |  |  | $ | (54,378 | ) |  | $ | 87,822 |  |  | $ | 142,200 |  |  | $ | (45,903 | ) |  | $ | 96,297 |  |  |  | 4 |
Customer relationships |  |  | 293,730 |  |  |  | (153,514 | ) |  |  | 140,216 |  |  |  | 293,730 |  |  |  | (146,032 | ) |  |  | 147,698 |  |  |  | 9 |
Leases |  |  | 120 |  |  |  | (92 | ) |  |  | 28 |  |  |  | 120 |  |  |  | (87 | ) |  |  | 33 |  |  |  | 6 |
Developed technology |  |  | 16,600 |  |  |  | (12,228 | ) |  |  | 4,372 |  |  |  | 16,600 |  |  |  | (11,560 | ) |  |  | 5,040 |  |  |  | 5 |
Trade name |  |  | 5,000 |  |  |  | (4,208 | ) |  |  | 792 |  |  |  | 5,000 |  |  |  | (3,083 | ) |  |  | 1,917 |  |  |  | 1 |
Non-compete agreements |  |  | 3,350 |  |  |  | (2,328 | ) |  |  | 1,022 |  |  |  | 3,350 |  |  |  | (2,074 | ) |  |  | 1,276 |  |  |  | 3 |
In process research and development |  |  | 1,800 |  |  |  | - |  |  |  | 1,800 |  |  |  | 1,800 |  |  |  | - |  |  |  | 1,800 |  |  | n/a |
Other intangibles |  |  | 275 |  |  |  | (210 | ) |  |  | 65 |  |  |  | 275 |  |  |  | (209 | ) |  |  | 66 |  |  |  | 10 |
Total intangible assets |  | $ | 463,075 |  |  | $ | (226,958 | ) |  | $ | 236,117 |  |  | $ | 463,075 |  |  | $ | (208,948 | ) |  | $ | 254,127 |  |  |  |
The aggregate amortization expense of intangible assets for the three months ended March 31, 2023 and March 31, 2022 was $18.0 million and $20.1 million, respectively. Estimated amortization expense for the remainder of the current fiscal year and in each of the next four years and beyond is as follows (in thousands):
|  | March 31, 2023 |
2023 |  | $ | 50,245 |
2024 |  |  | 35,359 |
2025 |  |  | 29,818 |
2026 |  |  | 26,238 |
2027 |  |  | 25,319 |
Thereafter |  |  | 67,338 |
Total |  | $ | 234,317 |

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 The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -URI https://asc.fasb.org/subtopic&trid=2144471 + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration