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GOODWILL AND INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The Company’s goodwill as of March 31, 2024 and December 31, 2023 was as follows:
GoodwillMarch 31,
2024
December 31,
2023
(In thousands)
Goodwill, beginning of period$214,562 $213,559 
Currency translation adjustment(937)1,003 
Goodwill, end of period$213,625 $214,562 
Schedule of Acquired Indefinite-lived Intangible Assets by Major Class
The Company’s purchased intangible assets as of March 31, 2024 and December 31, 2023 were as follows:
March 31, 2024December 31, 2023
GrossAdditionsAccumulated AmortizationNetGrossAdditionsAccumulated AmortizationImpairmentNet
(In thousands)
Intangible assets:
Other indefinite-lived intangibles$286 $— $— $286 $286 $— $— $— $286 
Intangible assets with finite lives:
 Developed technology51,054 — (29,560)21,494 51,044 — (27,093)— 23,951 
 Customer relationships51,306 — (31,103)20,203 55,106 — (29,527)(3,807)21,772 
 Trade names37,700 — (17,058)20,642 37,700 — (15,173)— 22,527 
Total purchased intangible assets$140,346 $— $(77,721)$62,625 $144,136 $— $(71,793)$(3,807)$68,536 
Schedule of Acquired Finite-Lived Intangible Assets by Major Class
The Company’s purchased intangible assets as of March 31, 2024 and December 31, 2023 were as follows:
March 31, 2024December 31, 2023
GrossAdditionsAccumulated AmortizationNetGrossAdditionsAccumulated AmortizationImpairmentNet
(In thousands)
Intangible assets:
Other indefinite-lived intangibles$286 $— $— $286 $286 $— $— $— $286 
Intangible assets with finite lives:
 Developed technology51,054 — (29,560)21,494 51,044 — (27,093)— 23,951 
 Customer relationships51,306 — (31,103)20,203 55,106 — (29,527)(3,807)21,772 
 Trade names37,700 — (17,058)20,642 37,700 — (15,173)— 22,527 
Total purchased intangible assets$140,346 $— $(77,721)$62,625 $144,136 $— $(71,793)$(3,807)$68,536 
Schedule of Amortization Expense
Amortization expense related to finite-lived intangible assets were as follows:
Three Months Ended
March 31,
20242023
(In thousands)
Developed technology$2,467 $2,455 
Customer relationships
1,576 2,454 
Trade names1,885 1,885 
Total amortization expense
$5,928 $6,794 
The expected future amortization expense of intangible assets as of March 31, 2024 is presented below:
March 31,
2024
(In thousands)
Fiscal year:
2024 (remaining nine months)$16,811 
202521,397 
202619,108 
20275,023 
Total$62,339