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Goodwill and Intangibles Assets (Tables) | 3 Months Ended
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Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Acquired Finite-Lived Intangible Assets by Major Class | The following table sets forth the Company’s finite-lived intangible assets resulting from business acquisitions and other purchases, which are amortized over their estimated useful lives:
|  |  | March 31, 2022 |  | December 31, 2021
| Weighted Average Useful Life (in Years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Amount
|  |  | (in thousands)
Licensed technology | 6.2 |  | $ | 21,487 |  |  | $ | (2,623) |  |  | $ | 18,864 |  |  | $ | 16,850 |  |  | $ | (2,218) |  |  | $ | 14,632 |
Developed technology | 7.0 |  | 308,661 |  |  | (200,055) |  |  | 108,606 |  |  | 308,661 |  |  | (189,244) |  |  | 119,417 |
Trademarks and trade names | 6.2 |  | 14,800 |  |  | (11,821) |  |  | 2,979 |  |  | 14,800 |  |  | (11,221) |  |  | 3,579 |
Customer relationships | 5.0 |  | 128,800 |  |  | (122,047) |  |  | 6,753 |  |  | 128,800 |  |  | (116,847) |  |  | 11,953 |
Backlog | 2.4 |  | 1,300 |  |  | (949) |  |  | 351 |  |  | 1,300 |  |  | (941) |  |  | 359 |
| 6.2 |  | $ | 475,048 |  |  | $ | (337,495) |  |  | $ | 137,553 |  |  | $ | 470,411 |  |  | $ | (320,471) |  |  | $ | 149,940 |
Finite-lived Intangible Assets Amortization Expense | The following table sets forth amortization expense associated with finite-lived intangible assets, which is included in the consolidated statements of income as follows:
| Three Months Ended March 31, |  |  |  |
| 2022 |  | 2021 |  |  |  |  |  |
| (in thousands) |  |
Cost of net revenue | $ | 10,847 |  |  | $ | 10,765 |  |  |  |  |  |  |
Research and development | 1 |  |  | 1 |  |  |  |  |  |  |
Selling, general and administrative | 6,176 |  |  | 6,070 |  |  |  |  |  |  |
| $ | 17,024 |  |  | $ | 16,836 |  |  |  |  |  |  |
Schedule of Finite-Lived Intangible Assets | The following table sets forth the activity related to finite-lived intangible assets:
| Three Months Ended March 31,
| 2022 |  | 2021
| (in thousands)
Beginning balance | $ | 149,940 |  |  | $ | 200,066 |
Additions | 4,637 |  |  | 1,112 |
Amortization | (17,024) |  |  | (16,836) |
Ending balance | $ | 137,553 |  |  | $ | 184,342 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | The following table presents future amortization of the Company’s finite-lived intangible assets at March 31, 2022:
| Amount
| (in thousands)
2022 (9 months) | $ | 34,480 |
2023 | 39,934 |
2024 | 24,655 |
2025 | 13,320 |
2026 | 12,209 |
Thereafter | 12,955 |
Total | $ | 137,553 |

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- Definition Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
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