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GOODWILL AND INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The Company’s goodwill as of March 31, 2023 and December 31, 2022 were as follows:
GoodwillMarch 31,
2023
December 31,
2022
(In thousands)
Goodwill, beginning of period$213,559 $181,254 
Goodwill acquired— 33,354 
Currency translation adjustment323 (1,049)
Goodwill, end of period$213,882 $213,559 
Schedule of Acquired Indefinite-lived Intangible Assets by Major Class
The Company’s purchased intangible assets as of March 31, 2023 and December 31, 2022 were as follows:
March 31, 2023December 31, 2022
GrossAdditionsAccumulated AmortizationNetGrossAdditionsAccumulated AmortizationNet
(In thousands)
Intangible assets:
Other indefinite-lived intangibles$286 $— $— $286 $286 $— $— $286 
Intangible assets with finite lives:
Developed technology51,044 — (19,710)31,334 38,650 12,394 (17,260)33,784 
Customer relationships55,106 — (22,152)32,954 41,021 14,085 (19,702)35,404 
Trade names37,700 — (9,518)28,182 37,700 — (7,633)30,067 
Order backlog600 — (600)— 600 — (600)— 
Total purchased intangible assets$144,736 $— $(51,980)$92,756 $118,257 $26,479 $(45,195)$99,541 
Schedule of Acquired Finite-Lived Intangible Assets by Major Class
The Company’s purchased intangible assets as of March 31, 2023 and December 31, 2022 were as follows:
March 31, 2023December 31, 2022
GrossAdditionsAccumulated AmortizationNetGrossAdditionsAccumulated AmortizationNet
(In thousands)
Intangible assets:
Other indefinite-lived intangibles$286 $— $— $286 $286 $— $— $286 
Intangible assets with finite lives:
Developed technology51,044 — (19,710)31,334 38,650 12,394 (17,260)33,784 
Customer relationships55,106 — (22,152)32,954 41,021 14,085 (19,702)35,404 
Trade names37,700 — (9,518)28,182 37,700 — (7,633)30,067 
Order backlog600 — (600)— 600 — (600)— 
Total purchased intangible assets$144,736 $— $(51,980)$92,756 $118,257 $26,479 $(45,195)$99,541 
Schedule of Amortization Expense Amortization expense related to finite-lived intangible assets were as follows:
Three Months Ended
March 31,
20232022
(In thousands)
Developed technology$2,455 $1,866 
Customer relationships
2,454 1,758 
Trade names1,885 1,885 
Order backlog— 277 
Total amortization expense
$6,794 $5,786 
The expected future amortization expense of intangible assets as of March 31, 2023 is presented below (in thousands):
March 31,
2023
Fiscal year:
2023 (remaining nine months)$20,369 
202424,356 
202523,032 
202619,473 
20275,217 
Thereafter23 
Total$92,470