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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Finite-lived and Indefinite-lived Intangible Assets | The following table represents our finite-lived and indefinite-lived intangible assets as of December 31, 2021 and 2020 (in thousands):
|  | 2021 |  | 2020
Finite-lived intangible assets: |  |  |  |
Customer relationships |  | $ | 192,800 |  |  | $ | 202,546 |
Developed technology |  | 219,706 |  |  | 227,247 |
Trade names |  | 25,154 |  |  | 26,261 |
Other intangible assets |  | 616 |  |  | 1,035 |
Total gross finite-lived intangible assets |  | 438,276 |  |  | 457,089 |
Accumulated amortization - Customer relationships |  | 65,106 |  |  | 56,787 |
Accumulated amortization - Developed technology |  | 68,488 |  |  | 56,933 |
Accumulated amortization - Trade names |  | 16,500 |  |  | 16,837 |
Accumulated amortization - Other intangible assets |  | 506 |  |  | 902 |
Total accumulated amortization |  | 150,600 |  |  | 131,459 |
Net finite-lived intangible assets |  | $ | 287,676 |  |  | $ | 325,630 |
Indefinite-lived intangible assets: |  |  |  |
IPR&D |  | $ | 112,006 |  |  | $ | 112,006 |
Goodwill |  | 899,525 |  |  | 922,318 |
Total indefinite-lived intangible assets |  | $ | 1,011,531 |  |  | $ | 1,034,324 |
Schedule of Amortization Periods for Finite-lived Intangible Assets | The amortization periods for our finite-lived intangible assets as of December 31, 2021, are as follows:
|  | Minimum Life in years |  | Maximum Life in years
Customer relationships |  | 8 |  | 18
Developed technology |  | 14 |  | 17
Trade names |  | 15 |  | 15
Schedule of Finite-lived Intangible Assets Estimated Future Amortization Expense | The estimated future amortization expense based on our finite-lived intangible assets at December 31, 2021, is as follows (in thousands):
2022 |  | $ | 25,980 |
2023 |  | 25,980 |
2024 |  | 25,980 |
2025 |  | 25,980 |
2026 |  | 25,980 |
Thereafter |  | 157,776 |
Total |  | $ | 287,676 |
Schedule of Goodwill Carrying Amounts | The following table represents the changes in the carrying amount of goodwill by reportable segment (in thousands):
|  | Cardiopulmonary |  | Neuromodulation |  | Advanced Circulatory Support |  | Other (1) |  | Total
December 31, 2019 |  | $ | 394,735 |  |  | $ | 398,754 |  |  | $ | 102,526 |  |  | $ | 19,779 |  |  | $ | 915,794 |
Impairment (2) |  | — |  |  | — |  |  | — |  |  | (21,269) |  |  | (21,269) |
Foreign currency adjustments |  | 26,303 |  |  | — |  |  | — |  |  | 1,490 |  |  | 27,793 |
December 31, 2020 |  | 421,038 |  |  | 398,754 |  |  | 102,526 |  |  | — |  |  | 922,318 |
Foreign currency adjustments |  | (22,793) |  |  | — |  |  | — |  |  | — |  |  | (22,793) |
December 31, 2021 |  | $ | 398,245 |  |  | $ | 398,754 |  |  | $ | 102,526 |  |  | $ | — |  |  | $ | 899,525 |
(1)Other includes goodwill associated the Company’s Heart Valves business, which was disposed of on June 1, 2021. (2)During the year ended December 31, 2020, the Company recognized a $21.3 million impairment of goodwill allocated to Heart Valves. Refer to “Note 4. Divestiture of Heart Valve Business” for additional information.

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