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GOODWILL AND INTANGIBLE ASSETS | 9 Months Ended
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Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | GOODWILL AND INTANGIBLE ASSETS The Company’s goodwill as of September 30, 2025 and December 31, 2024 was as follows:
Goodwill | September 30, 2025 |  | December 31, 2024
| (In thousands)
Goodwill, beginning of period | $ | 211,571 |  |  | $ | 214,562 |
Currency translation adjustment | 2,835 |  |  | (2,991) |
Goodwill, end of period | $ | 214,406 |  |  | $ | 211,571 |
The Company’s purchased intangible assets as of September 30, 2025 and December 31, 2024 were as follows:
| September 30, 2025 |  | December 31, 2024
| Gross |  |  |  | Accumulated Amortization |  |  |  |  |  | Net |  | Gross |  |  |  |  |  | Accumulated Amortization |  | Impairment |  | Net
| (In thousands)
Intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Indefinite-lived intangibles | $ | 286 |  |  |  |  | $ | — |  |  |  |  |  |  | $ | 286 |  |  | $ | 286 |  |  |  |  |  |  | $ | — |  |  | $ | — |  |  | $ | 286 |
Intangible assets with finite lives: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Developed technology | 47,683 |  |  |  |  | (40,648) |  |  |  |  |  |  | 7,035 |  |  | 51,054 |  |  |  |  |  |  | (35,903) |  |  | (3,351) |  |  | 11,800 |
Customer relationships | 51,114 |  |  |  |  | (40,435) |  |  |  |  |  |  | 10,679 |  |  | 51,306 |  |  |  |  |  |  | (35,804) |  |  | (177) |  |  | 15,325 |
Trade names | 37,700 |  |  |  |  | (28,368) |  |  |  |  |  |  | 9,332 |  |  | 37,700 |  |  |  |  |  |  | (22,713) |  |  | — |  |  | 14,987 |
Total purchased intangible assets | $ | 136,783 |  |  |  |  | $ | (109,451) |  |  |  |  |  |  | $ | 27,332 |  |  | $ | 140,346 |  |  |  |  |  |  | $ | (94,420) |  |  | $ | (3,528) |  |  | $ | 42,398 |
During the nine months ended September 30, 2025, intangible assets decreased by less than $0.1 million due to the impact of foreign currency translation. Amortization expense related to finite-lived intangible assets were as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024 |  |
| (In thousands)
Developed technology | $ | 1,595 |  |  | $ | 2,100 |  |  | $ | 4,807 |  |  | $ | 7,025 |  |  |
Customer relationships | 1,568 |  |  | 1,578 |  |  | 4,677 |  |  | 4,721 |  |  |
Trade-names | 1,885 |  |  | 1,885 |  |  | 5,655 |  |  | 5,655 |  |  |
Total amortization expense | $ | 5,048 |  |  | $ | 5,563 |  |  | $ | 15,139 |  |  | $ | 17,401 |  |  |
Amortization of developed technology is recorded to cost of revenues, amortization of customer relationships and trade-names are recorded to sales and marketing expense, and amortization of certain customer relationships is recorded as a reduction to revenue. The expected future amortization expense of intangible assets as of September 30, 2025 is presented below:
| September 30, 2025
| (In thousands)
Fiscal year: |
2025 (remaining three months) | $ | 5,045 |
2026 | 17,997 |
2027 | 4,004 |
Total | $ | 27,046 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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