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Goodwill and Intangible Assets
9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets
7. Goodwill and Intangible Assets
Goodwill
The change in carrying amount of goodwill was as follows:
Total
(In thousands)
Balance as of December 31, 2024$317,243 
Foreign currency translation adjustments39,800 
Balance as of September 30, 2025$357,043 
Intangible Assets
Intangible assets, net consisted of the following:
As of September 30,As of December 31,
20252024
Gross
Amount
Accumulated
Amortization
Net Carrying
Value
Gross
Amount
Accumulated
Amortization
Net Carrying
Value
(In thousands)
Customer relationships$154,552 $(54,832)$99,720 $145,625 $(44,754)$100,871 
Developed technology84,831 (41,708)43,123 75,189 (31,329)43,860 
Other, definite lived2,828 (2,828)— 2,828 (2,828)— 
Licenses, indefinite lived624 — 624 624 — 624 
Total intangible assets, net$242,835 $(99,368)$143,467 $224,266 $(78,911)$145,355 
The Company recognized amortization expense as follows:
Three months ended September 30,Nine months ended September 30,
2025202420252024
(In thousands)
Cost of revenue$2,100 $1,977 $6,039 $5,877 
Sales and marketing2,533 2,459 7,446 7,256 
Total amortization expense$4,633 $4,436 $13,485 $13,133 
The remaining weighted average amortization period for definite lived intangible assets is 8.3 years.
Future estimated amortization expense for definite lived intangible assets is as follows:
As of September 30,
2025
(In thousands)
2025 (remaining)$4,654 
202618,613 
202718,613 
202818,613 
202918,613 
Thereafter63,737 
$142,843