XML 39 R28.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Intangible Assets and Liabilities (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract] |
Schedule of Intangible Assets by Major Class | The gross carrying amount and accumulated amortization (accretion) of our intangible assets and liabilities, other than goodwill, were as follows:
| March 31, 2024 |  | December 31, 2023
In thousands | Gross |  | Accumulated (Amortization) Accretion |  | Net |  | Gross |  | Accumulated (Amortization) Accretion |  | Net
Intangible Assets |  |  |  |  |  |  |  |  |  |  |
Core-developed technology | $ | 512,787 |  |  | $ | (498,434) |  |  | $ | 14,353 |  |  | $ | 502,010 |  |  | $ | (499,571) |  |  | $ | 2,439 |
Customer contracts and relationships | 328,438 |  |  | (287,386) |  |  | 41,052 |  |  | 329,688 |  |  | (287,653) |  |  | 42,035 |
Trademarks and trade names | 72,775 |  |  | (71,130) |  |  | 1,645 |  |  | 73,461 |  |  | (71,740) |  |  | 1,721 |
Other | 12,019 |  |  | (11,946) |  |  | 73 |  |  | 12,019 |  |  | (11,932) |  |  | 87 |
Total intangible assets | $ | 926,019 |  |  | $ | (868,896) |  |  | $ | 57,123 |  |  | $ | 917,178 |  |  | $ | (870,896) |  |  | $ | 46,282 |
Intangible Liabilities |  |  |  |  |  |  |  |  |  |  |
Customer contracts and relationships | $ | (23,900) |  |  | $ | 23,900 |  |  | $ | — |  |  | $ | (23,900) |  |  | $ | 23,900 |  |  | $ | — |
Summary of Intangible Asset Account Activity | A summary of intangible assets and liabilities activity is as follows:
| Three Months Ended March 31,
In thousands | 2024 |  | 2023
Intangible assets, gross beginning balance | $ | 917,178 |  |  | $ | 905,134 |
Intangible assets acquired (1) | 15,000 |  |  | — |
Effect of change in exchange rates | (6,159) |  |  | 4,929 |
Intangible assets, gross ending balance | $ | 926,019 |  |  | $ | 910,063 |
Intangible liabilities, gross beginning balance | $ | (23,900) |  |  | $ | (23,900) |
Effect of change in exchange rates | — |  |  | — |
Intangible liabilities, gross ending balance | $ | (23,900) |  |  | $ | (23,900) |
Schedule of Intangible Assets, Future Amortization Expense | Estimated future annual amortization is as follows:
Year Ending December 31, |  | Estimated Annual Amortization |  |  |  |
In thousands |  |
2024 (amount remaining at March 31, 2024) |  | $ | 12,608 |  |  |  |  |
2025 |  | 16,161 |  |  |  |  |
2026 |  | 12,145 |  |  |  |  |
2027 |  | 7,449 |  |  |  |  |
2028 |  | 1,993 |  |  |  |  |
Thereafter |  | 6,767 |  |  |  |  |
Total intangible assets subject to amortization |  | $ | 57,123 |  |  |  |  |

X
- Definition Summary schedule of intangible asset activity for the period (Table Text Block). + References No definition available. + Details
Name: | itri_SummaryofintangibleassetaccountactivityTableTextBlock
Namespace Prefix: | itri_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
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 -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration