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Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table presents the changes in the carrying amount of the goodwill for the nine months ended September 30, 2024 (in thousands):
Amount
Ending balance as of December 31, 2023
$2,361,643 
Measurement period adjustment
234 
Foreign currency translation adjustment
4,981 
Ending Balance as of September 30, 2024
$2,366,858 
Schedule of Finite-Lived Intangible Assets
The carrying amounts of the intangible assets other than goodwill as of September 30, 2024 and December 31, 2023 are as follows (in thousands):
September 30, 2024December 31, 2023
Cost
Accumulated
Amortization
NetCost
Accumulated
Amortization
Net
Acquired developed and core technology
$880,876 $(874,093)$6,783 $880,758 $(871,085)$9,673 
Other intangible assets:
Customer relationships
2,159,824 (1,575,021)584,803 2,159,179 (1,489,398)669,781 
Trade names and trademark
81,610 (81,610)— 81,651 (73,931)7,720 
Total other intangible assets
2,241,434 (1,656,631)584,803 2,240,830 (1,563,329)677,501 
Total intangible assets, net
$3,122,310 $(2,530,724)$591,586 $3,121,588 $(2,434,414)$687,174 
Schedule of Indefinite-Lived Intangible Assets
The carrying amounts of the intangible assets other than goodwill as of September 30, 2024 and December 31, 2023 are as follows (in thousands):
September 30, 2024December 31, 2023
Cost
Accumulated
Amortization
NetCost
Accumulated
Amortization
Net
Acquired developed and core technology
$880,876 $(874,093)$6,783 $880,758 $(871,085)$9,673 
Other intangible assets:
Customer relationships
2,159,824 (1,575,021)584,803 2,159,179 (1,489,398)669,781 
Trade names and trademark
81,610 (81,610)— 81,651 (73,931)7,720 
Total other intangible assets
2,241,434 (1,656,631)584,803 2,240,830 (1,563,329)677,501 
Total intangible assets, net
$3,122,310 $(2,530,724)$591,586 $3,121,588 $(2,434,414)$687,174 
Schedule of Finite-Lived Intangible Assets, Allocation of Amortization Expense
The allocation of the amortization of intangible assets for the periods indicated below is as follows (in thousands):

Three Months Ended September 30,Nine months ended September 30,
2024202320242023
Cost of revenues$947 $3,013 $3,008 $8,776 
Operating expenses29,845 34,481 93,302 103,120 
Total amortization of intangible assets$30,792 $37,494 $96,310 $111,896 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
As of September 30, 2024, the amortization expense related to identifiable intangible assets in future periods is expected to be as follows (in thousands):
Customer Relationships Intangible Asset
Other
Intangible
Assets
Total
Intangible
Assets
Remaining 2024
$28,644 $900 $29,544 
2025100,041 2,158 102,199 
202686,973 1,457 88,430 
202775,461 716 76,177 
202865,563 560 66,123 
Thereafter
228,121 992 229,113 
Total expected amortization expense
$584,803 $6,783 $591,586