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Goodwill and Other Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Carrying Values of Indefinite Lived Intangible Assets | As of June 30, 2022 and December 31, 2021 the carrying values of our indefinite lived intangible assets were as follows (in thousands):
| June 30, 2022 |  | December 31, 2021
Goodwill | $ | 240,939 |  | $ | 250,000
In-process R&D | 2,025 |  | 2,208
Procurement contracts and agreements | 2,013 |  | 2,013
Trademarks | 226 |  | 66
Schedule of Goodwill by Reportable Segment | As of June 30, 2022 and December 31, 2021 the carrying value of goodwill, all of which is related to our Medical devices segment, is as follows (in thousands):
| Medical Devices Segment
Balance as of December 31, 2021 | $ | 250,000
Foreign currency translation | (9,061) |
Balance as of June 30, 2022 | $ | 240,939
Schedule of Gross Carrying Values, Accumulated Amortization, and Approximate Amortization Period of Definite Lived Intangible Assets | As of June 30, 2022 and December 31, 2021 the gross carrying values, accumulated amortization, and approximate amortization period of our definite lived intangible assets were as follows (in thousands):
June 30, 2022 |  | Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Value |  | Weighted Average Useful Life (Years)
Acquired technology |  | $ | 205,124 |  | $ | 50,258 |  | $ | 154,866 |  | 17.7
Other intangibles: |  |  |  |  |  |  |  |
Customer lists and relationships |  | 30,981 |  | 10,332 |  | 20,649 |  | 20.6
Distribution and manufacturing rights and know-how |  | 9,031 |  | 4,798 |  | 4,233 |  | 5.0
Patents |  | 4,136 |  | 3,160 |  | 976 |  | 17.0
Other |  | 4,403 |  | 2,055 |  | 2,348 |  | 4.5
Total other intangibles |  | $ | 48,551 |  | $ | 20,345 |  | $ | 28,206 |  | 10.7
December 31, 2021 |  | Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Value |  | Weighted Average Useful Life (Years)
Acquired technology |  | $ | 213,626 |  | $ | 46,632 |  | $ | 166,994 |  | 17.7
Other intangibles: |  |  |  |  |  |  |  |
Customer lists and relationships |  | 31,148 |  | 9,618 |  | 21,530 |  | 20.5
Distribution and manufacturing rights and know-how |  | 9,847 |  | 4,308 |  | 5,539 |  | 5.0
Patents |  | 4,083 |  | 3,144 |  | 939 |  | 17.0
Other |  | 3,969 |  | 1,762 |  | 2,207 |  | 4.4
Total other intangibles |  | $ | 49,047 |  | $ | 18,832 |  | $ | 30,215 |  | 10.6
Summary of Amortization Expense | The following is a summary of amortization expense as recorded in General, administrative, and marketing expenses on our Condensed Consolidated Statement of Operations and Comprehensive (Loss) Income (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
Amortization expense | $ | 3,905 |  |  | $ | 4,238 |  |  | $ | 7,989 |  |  | $ | 8,498 |
Scheduled Amortization of Intangible Assets for Next Five Years | As of June 30, 2022 scheduled amortization of intangible assets for the next five years is as follows (in thousands):
| Remainder of 2022 |  | 2023 |  | 2024 |  | 2025 |  | 2026 |  | 2027 |  | Total
Amortization expense | $ | 7,437 |  |  | 14,662 |  |  | 14,302 |  |  | 12,452 |  |  | 12,233 |  |  | 12,113 |  |  | $ | 73,199 |

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