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Goodwill and Other Intangible Assets | 12 Months Ended
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Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets Goodwill At December 31, 2021 goodwill related to the Former Parent’s acquisition of the Company was $69.7 million, net of accumulated impairment of $51.9 million. As a result of the STI Acquisition, the Company recorded $343.4 million of goodwill and began reporting two segments, Array Legacy Operations and the newly acquired STI Operations. The following table presents change in goodwill balances by reportable segment (in thousands):
| Array Legacy Operations |  | STI Operations |  | Total |  |  |  |  |  |
Beginning balance as of December 31, 2021 | $ | 69,727 |  |  | $ | — |  |  | $ | 69,727 |  |  |  |  |  |  |
Acquisition of STI | — |  |  | 343,369 |  |  | 343,369 |  |  |  |  |  |  |
Foreign currency translation | — |  |  | 3,088 |  |  | 3,088 |  |  |  |  |  |  |
Ending balance as of December 31, 2022 | $ | 69,727 |  |  | $ | 346,457 |  |  | $ | 416,184 |  |  |  |  |  |  |
At March 31, 2022, the Company determined that the decrease in its stock price from December 31, 2021 and the continuing negative impact of the price of raw materials to the gross margin of the Array Legacy Operations reporting unit during the quarter were events indicating that the fair value of the Array Legacy Operations reporting unit may be less than its carrying amount. Based on the Company’s quantitative goodwill impairment analysis of the Array Legacy Operations reporting unit at March 31, 2022, the fair value exceeded the carrying value and accordingly, no impairment was recorded. The Company completed its annual goodwill impairment test, utilizing a qualitative impairment analysis, and concluded goodwill was not impaired as of December 31, 2022. Other Intangible Assets Other intangible assets consisted of the following (in thousands, except for useful lives):
|  |  | December 31,
| Estimated Useful Life (Years) |  | 2022 |  | 2021
Amortizable: |  |  |  |  |
Costs: |  |  |  |  |
Developed technology | 14 |  | $ | 203,800 |  |  | $ | 203,800 |
Customer relationship | 10 |  | 321,935 |  |  | 89,500 |
Backlog | 1 |  | 51,015 |  |  | — |
Trade name | 20 |  | 25,682 |  |  | — |
Total amortizable intangibles |  |  | 602,432 |  |  | 293,300 |
Accumulated amortization: |  |  |  |  |
Developed technology |  |  | 94,347 |  |  | 79,790 |
Customer relationship |  |  | 81,268 |  |  | 49,057 |
Backlog |  |  | 49,507 |  |  | — |
Trade name |  |  | 1,246 |  |  | — |
Total accumulated amortization |  |  | 226,368 |  |  | 128,847 |
Total amortizable intangibles, net |  |  | 376,064 |  |  | 164,453 |
Non-amortizable costs: |  |  |  |  |
Trade name |  |  | 10,300 |  |  | 10,300 |
Total other intangible assets, net |  |  | $ | 386,364 |  |  | $ | 174,753 |
Amortization expense related to intangible assets was $98.2 million, $23.5 million and $25.3 million for the years ended December 31, 2022, 2021 and 2020, respectively. The following table presents estimated future annual amortization expense (in thousands):
| Amount
2023 | $ | 49,733 |
2024 | 47,923 |
2025 | 47,923 |
2026 | 43,616 |
2027 | 38,973 |
Thereafter | 147,896 |
| $ | 376,064 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI https://asc.fasb.org/topic&trid=2144416 + Details
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