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Goodwill and Intangibles Assets (Tables)
6 Months Ended
Jun. 30, 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:
June 30, 2022December 31, 2021
Weighted
Average
Useful Life
(in Years)
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying ValueAccumulated AmortizationNet Carrying Amount
(in thousands)
Licensed technology6.3$22,054 $(3,034)$19,020 $16,850 $(2,218)$14,632 
Developed technology7.0311,261 (209,876)101,385 308,661 (189,244)119,417 
Trademarks and trade names6.214,800 (12,381)2,419 14,800 (11,221)3,579 
Customer relationships5.0128,800 (124,037)4,763 128,800 (116,847)11,953 
Backlog2.41,300 (959)341 1,300 (941)359 
6.2$478,215 $(350,287)$127,928 $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 June 30,Six Months Ended June 30,
2022202120222021
(in thousands)(in thousands)
Cost of net revenue$9,865 $10,762 $20,712 $21,527 
Research and development
Selling, general and administrative2,926 5,815 9,102 11,885 
$12,792 $16,578 $29,816 $33,414 
Schedule of Finite-Lived Intangible Assets The following table sets forth the activity related to finite-lived intangible assets:
Six Months Ended June 30,
20222021
(in thousands)
Beginning balance$149,940 $200,066 
Additions5,204 1,112 
Transfers to developed technology from IPR&D2,600 — 
Amortization(29,816)(33,414)
Ending balance$127,928 $167,764 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense The following table presents future amortization of the Company’s finite-lived intangible assets at June 30, 2022:
Amount
(in thousands)
2022 (6 months)$21,956 
202340,315 
202425,107 
202513,772 
202612,661 
Thereafter14,117 
Total$127,928 
Schedule of Indefinite-Lived Intangible Assets Indefinite-lived intangible assets consist entirely of acquired in-process research and development technology, or IPR&D. The following table sets forth the Company's activities related to indefinite-lived intangible assets:
Six Months Ended June 30,
20222021
(in thousands)
Beginning balance$2,600 $2,600 
Transfers to developed technology from IPR&D(2,600)— 
Ending balance$— $2,600