XML 47 R32.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Goodwill and Intangible Assets (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | The change in the carrying amounts of goodwill was as follows:
| Total
| (In thousands)
Balance as of December 31, 2021 | $ | 344,423 |
Foreign currency translation adjustments | (18,018) |
Balance as of December 31, 2022 | 326,405 |
Foreign currency translation adjustments | 9,467 |
Balance as of December 31, 2023 | $ | 335,872 |
Schedule of Finite Lived Intangible Assets | Intangible assets, net consisted of the following as of December 31, 2023:
| Gross Amount |  | Accumulated Amortization |  | Net Carrying Value |  | Amortization Period
| (In thousands) |  | (In years)
Customer relationships | $ | 147,426 |  |  | $ | (35,599) |  |  | $ | 111,827 |  |  | 15 - 20
Developed technology | 79,702 |  |  | (25,239) |  |  | 54,463 |  |  | 10
Other, definite lived | 2,828 |  |  | (2,828) |  |  | — |  |  | 2 - 7
Licenses, indefinite lived | 624 |  |  | — |  |  | 624 |  |  | Indefinite
Total intangible assets, net | $ | 230,580 |  |  | $ | (63,666) |  |  | $ | 166,914 |  |  |
Intangible assets, net consisted of the following as of December 31, 2022:
| Gross Amount |  | Accumulated Amortization |  | Net Carrying Value |  | Amortization Period
| (In thousands) |  | (In years)
Customer relationships | $ | 141,146 |  |  | $ | (25,037) |  |  | $ | 116,109 |  |  | 15 - 20
Developed technology | 77,409 |  |  | (16,772) |  |  | 60,637 |  |  | 10
Other, definite lived | 2,828 |  |  | (2,828) |  |  | — |  |  | 2 - 7
Licenses, indefinite lived | 624 |  |  | — |  |  | 624 |  |  | Indefinite
Total intangible assets, net | $ | 222,007 |  |  | $ | (44,637) |  |  | $ | 177,370 |  |  |
Schedule of Infinite Lived Intangible Assets | Intangible assets, net consisted of the following as of December 31, 2023:
| Gross Amount |  | Accumulated Amortization |  | Net Carrying Value |  | Amortization Period
| (In thousands) |  | (In years)
Customer relationships | $ | 147,426 |  |  | $ | (35,599) |  |  | $ | 111,827 |  |  | 15 - 20
Developed technology | 79,702 |  |  | (25,239) |  |  | 54,463 |  |  | 10
Other, definite lived | 2,828 |  |  | (2,828) |  |  | — |  |  | 2 - 7
Licenses, indefinite lived | 624 |  |  | — |  |  | 624 |  |  | Indefinite
Total intangible assets, net | $ | 230,580 |  |  | $ | (63,666) |  |  | $ | 166,914 |  |  |
Intangible assets, net consisted of the following as of December 31, 2022:
| Gross Amount |  | Accumulated Amortization |  | Net Carrying Value |  | Amortization Period
| (In thousands) |  | (In years)
Customer relationships | $ | 141,146 |  |  | $ | (25,037) |  |  | $ | 116,109 |  |  | 15 - 20
Developed technology | 77,409 |  |  | (16,772) |  |  | 60,637 |  |  | 10
Other, definite lived | 2,828 |  |  | (2,828) |  |  | — |  |  | 2 - 7
Licenses, indefinite lived | 624 |  |  | — |  |  | 624 |  |  | Indefinite
Total intangible assets, net | $ | 222,007 |  |  | $ | (44,637) |  |  | $ | 177,370 |  |  |
Schedule of Amortization Expense | The Company recognized amortization expense as follows:
|  |  | Year ended December 31,
|  |  |  |  | 2023 |  | 2022 |  | 2021
|  |  |  |  | (In thousands)
Cost of revenue |  |  |  |  | $ | 7,810 |  |  | $ | 7,657 |  |  | $ | 8,543 |
Sales and marketing |  |  |  |  | 9,464 |  |  | 9,523 |  |  | 10,576 |
Total amortization expense |  |  |  |  | $ | 17,274 |  |  | $ | 17,180 |  |  | $ | 19,119 |
Schedule of Future Estimated Amortization Expense | Future estimated amortization expense for definite lived intangible assets is as follows:
| As of December 31,
| 2023
| (In thousands)
2024 | $ | 17,625 |
2025 | 17,625 |
2026 | 17,625 |
2027 | 17,625 |
2028 | 17,625 |
Thereafter | 78,165 |
| $ | 166,290 |

X
- Definition Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life. + References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 24 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482548/350-20-55-24 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (h) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1A Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-2 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b),(d) -SubTopic 30 -Topic 350 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-3 + Details
Name: | us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration