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Goodwill and Intangible Assets (Tables) | 3 Months Ended
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Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes in Carrying Amount of Goodwill | The following table represents changes in the carrying amount of goodwill:
|  |  |  |  | (In thousands)
Balance as of December 31, 2023 |  |  |  |  | $ | 735,810 |
Foreign currency exchange rate fluctuations |  |  |  |  | (453) |
Balance as of March 31, 2024 |  |  |  |  | $ | 735,357 |
Carrying Amounts and Useful Lives of Intangible Assets | The carrying amounts and useful lives of intangible assets as of March 31, 2024 and December 31, 2023 were as follows:
| March 31, 2024
| Gross carrying amount (1) |  | Accumulated amortization |  | Foreign currency exchange rate fluctuations |  | Net carrying amount |  | Useful life (years)
| (In thousands, except for years)
Customer relationships | $ | 307,418 |  |  | $ | (119,877) |  |  | $ | (1,364) |  |  | $ | 186,177 |  |  | 4 - 30
Acquired technology | 46,134 |  |  | (29,344) |  |  | — |  |  | 16,790 |  |  | 4 - 20
Trade names | 9,200 |  |  | (7,942) |  |  | — |  |  | 1,258 |  |  | 5 - 12
Patents | 2,337 |  |  | (1,447) |  |  | — |  |  | 890 |  |  | 2 - 20
Total intangible assets, net | $ | 365,089 |  |  | $ | (158,610) |  |  | $ | (1,364) |  |  | $ | 205,115 |  |  |
| December 31, 2023
| Gross carrying amount (1) |  | Accumulated amortization |  | Foreign currency exchange rate fluctuations |  | Net carrying amount |  | Useful life (years)
| (In thousands, except for years)
Customer relationships | $ | 307,418 |  |  | $ | (115,232) |  |  | $ | (1,326) |  |  | $ | 190,860 |  |  | 4 - 30
Acquired technology | 84,876 |  |  | (67,033) |  |  | — |  |  | 17,843 |  |  | 4 - 20
Backlog | 1,800 |  |  | (1,800) |  |  | — |  |  | — |  |  | 2
Trade names | 9,200 |  |  | (7,680) |  |  | — |  |  | 1,520 |  |  | 5 - 12
Patents | 2,404 |  |  | (1,454) |  |  | — |  |  | 950 |  |  | 2 - 20
Total intangible assets, net | $ | 405,698 |  |  | $ | (193,199) |  |  | $ | (1,326) |  |  | $ | 211,173 |  |  |
_________________________________________________ (1) The differences in gross carrying amounts between periods are primarily due to the write-off of certain fully amortized intangible assets.
Estimated Future Amortization Expense for Intangible Assets | The estimated future amortization expenses for amortizable intangible assets were as follows:
| March 31, 2024
| (In thousands)
Remaining nine months of 2024 | $ | 16,763 |
2025 | 21,064 |
2026 | 18,076 |
2027 | 16,223 |
2028 | 15,184 |
Thereafter | 117,805 |
Total | $ | 205,115 |

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