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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Changes in Carrying Amount of Goodwill | The changes in carrying amount of goodwill were as follows:
| Total
| (In thousands)
Balance as of December 31, 2022 | $ | 326,405 |
Foreign currency translation adjustments | 9,467 |
Balance as of December 31, 2023 | 335,872 |
Foreign currency translation adjustments | (18,629) |
Balance as of December 31, 2024 | $ | 317,243 |
Schedule of Finite Lived Intangible Assets | The useful lives of the Company’s intangible assets as of December 31, 2024 and 2023 are as follows:
Customer relationships | 15 - 20 years
Developed technology | 10 years
Other, definite lived | 2 - 7 years
Licenses, indefinite lived | Indefinite
Intangible assets, net consisted of the following:
| As of December 31,
| 2024 |  | 2023
| Gross Amount |  | Accumulated Amortization |  | Net Carrying Value |  | Gross Amount |  | Accumulated Amortization |  | Net Carrying Value
| (In thousands)
Customer relationships | $ | 145,625 |  |  | $ | (44,754) |  |  | $ | 100,871 |  |  | $ | 147,426 |  |  | $ | (35,599) |  |  | $ | 111,827 |
Developed technology | 75,189 |  |  | (31,329) |  |  | 43,860 |  |  | 79,702 |  |  | (25,239) |  |  | 54,463 |
Other, definite lived | 2,828 |  |  | (2,828) |  |  | — |  |  | 2,828 |  |  | (2,828) |  |  | — |
Licenses, indefinite lived | 624 |  |  | — |  |  | 624 |  |  | 624 |  |  | — |  |  | 624 |
Total intangible assets, net | $ | 224,266 |  |  | $ | (78,911) |  |  | $ | 145,355 |  |  | $ | 230,580 |  |  | $ | (63,666) |  |  | $ | 166,914 |
Schedule of Infinite Lived Intangible Assets | The useful lives of the Company’s intangible assets as of December 31, 2024 and 2023 are as follows:
Customer relationships | 15 - 20 years
Developed technology | 10 years
Other, definite lived | 2 - 7 years
Licenses, indefinite lived | Indefinite
Intangible assets, net consisted of the following:
| As of December 31,
| 2024 |  | 2023
| Gross Amount |  | Accumulated Amortization |  | Net Carrying Value |  | Gross Amount |  | Accumulated Amortization |  | Net Carrying Value
| (In thousands)
Customer relationships | $ | 145,625 |  |  | $ | (44,754) |  |  | $ | 100,871 |  |  | $ | 147,426 |  |  | $ | (35,599) |  |  | $ | 111,827 |
Developed technology | 75,189 |  |  | (31,329) |  |  | 43,860 |  |  | 79,702 |  |  | (25,239) |  |  | 54,463 |
Other, definite lived | 2,828 |  |  | (2,828) |  |  | — |  |  | 2,828 |  |  | (2,828) |  |  | — |
Licenses, indefinite lived | 624 |  |  | — |  |  | 624 |  |  | 624 |  |  | — |  |  | 624 |
Total intangible assets, net | $ | 224,266 |  |  | $ | (78,911) |  |  | $ | 145,355 |  |  | $ | 230,580 |  |  | $ | (63,666) |  |  | $ | 166,914 |
Schedule of Amortization Expense | The Company recognized amortization expense as follows:
|  |  | Year ended December 31,
|  |  |  |  | 2024 |  | 2023 |  | 2022
|  |  |  |  | (In thousands)
Cost of revenue |  |  |  |  | $ | 7,811 |  |  | $ | 7,810 |  |  | $ | 7,657 |
Sales and marketing |  |  |  |  | 9,692 |  |  | 9,464 |  |  | 9,523 |
Total amortization expense |  |  |  |  | $ | 17,503 |  |  | $ | 17,274 |  |  | $ | 17,180 |
Schedule of Future Estimated Amortization Expense | Future estimated amortization expense for definite lived intangible assets is as follows:
| As of December 31,
| 2024
| (In thousands)
2025 | $ | 17,054 |
2026 | 17,054 |
2027 | 17,054 |
2028 | 17,054 |
2029 | 17,054 |
Thereafter | 59,461 |
| $ | 144,731 |

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