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Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Changes In Carrying Amounts Of Goodwill

The changes in carrying amounts of goodwill for the years ended December 31, 2020 and 2019 are as follows (in thousands):

			Fax and Martech						Voice, Backup, Security and CPP						Total Cloud Services						Digital Media						Consolidated
Balance as of January 1, 2019			$	366,270					$	300,718					$	666,988					$	713,388					$	1,380,376
Goodwill acquired (Note 4)			31,672						179,293						210,965						42,131						253,096
Purchase Accounting Adjustments (1)			177						—						177						(858)						(681)
Foreign exchange translation			(331)						73						(258)						500						242
Balance as of December 31, 2019			$	397,788					$	480,084					$	877,872					$	755,161					$	1,633,033
Goodwill acquired (Note 4)			21,738						19,056						40,794						177,951						218,745
Goodwill written off related to sale of a business (2)			—						(4,751)						(4,751)						—						(4,751)
Purchase accounting adjustments (1)			—						(2,130)						(2,130)						9,721						7,591
Foreign exchange translation			5,945						6,766						12,711						101						12,812
Balance as of December 31, 2020			$	425,471					$	499,025					$	924,496					$	942,934					$	1,867,430

(1) Purchase accounting adjustments relate to adjustments to goodwill in connection with prior year business acquisitions (see Note 4 - Business Acquisitions).

(2) On August 31, 2020, in a cash transaction, the Company sold certain of its Voice assets in Australia and New Zealand which resulted in $4.8 million of goodwill being written off (see Note 6 - Sale of Assets).

Indefinite Intangible Assets

Intangible Assets with Indefinite Lives:

			2020						2019
Trade names			$	27,460					$	27,379
Other			4,329						4,306
Total			$	31,789					$	31,685

Intangible Assets Subject to Amortization

Intangible Assets Subject to Amortization:

As of December 31, 2020, intangible assets subject to amortization relate primarily to the following (in thousands):

			Weighted-Average   Amortization Period						Historical Cost						Accumulated Amortization						Net
Trade names			10.0 years						$	260,715					$	100,273					$	160,442
Patent and patent licenses			5.5 years						67,980						66,964						1,016
Customer relationships (1)			8.0 years						848,875						471,681						377,194
Other purchased intangibles			4.3 years						436,352						265,224						171,128
Total									$	1,613,922					$	904,142					$	709,780

(1) Historically, the Company has amortized its customer relationship assets in a pattern that best reflects the pace in which the assets’ benefits are consumed. This pattern results in a substantial majority of the amortization expense being recognized in the first four to five years, despite the overall life of the asset.

As of December 31, 2019, intangible assets subject to amortization relate primarily to the following (in thousands):

			Weighted-Average   Amortization Period						Historical Cost						Accumulated Amortization						Net
Trade names			10.2 years						$	193,202					$	82,552					$	110,650
Patent and patent licenses			6.5 years						67,921						63,143						4,778
Customer relationships (1)			8.5 years						630,730						392,228						238,502
Other purchased intangibles			4.3 years						383,195						212,257						170,938
Total									$	1,275,048					$	750,180					$	524,868

(1) Historically, the Company has amortized its customer relationship assets in a pattern that best reflects the pace in which the assets’ benefits are consumed. This pattern results in a substantial majority of the amortization expense being recognized in the first four to five years, despite the overall life of the asset.

Expected Amortization Expenses for Intangible Assets Subject To Amortization

Expected amortization expenses for intangible assets subject to amortization at December 31, 2020 are as follows (in thousands):

Fiscal Year:
2021			$	181,679
2022			134,289
2023			108,410
2024			77,965
2025			55,118
Thereafter			152,319
Total expected amortization expense			$	709,780

Schedule of Acquired Finite-Lived Intangible Assets by Major Class

During the year ended December 31, 2020, the Company acquired RetailMeNot, Inc. (see Note 4 - Business Acquisitions). The identified intangible assets were recognized as part of the acquisition and their respective estimated weighted average amortizations were as follows (in thousands):

			Weighted-Average   Amortization Period						Fair Value
Trade names			10.0 years						$	62,940
Customer relationships			7.0 years						198,840
Other purchased intangibles			3.0 years						42,610
Total									$	304,390

During the year ended December 31, 2020, the Company completed acquisitions which were individually immaterial. The identified intangible assets were recognized as part of all 2020 acquisitions and their respective estimated weighted average amortizations were as follows (in thousands):

			Weighted-Average   Amortization Period						Fair Value
Trade names			9.7 years						$	67,670
Customer relationships			6.9 years						222,582
Other purchased intangibles			3.3 years						56,802
Total									$	347,054

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