XML 25 R15.htm IDEA: XBRL DOCUMENT v3.21.1
Goodwill and Intangible Assets
 3 Months Ended
Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Changes in the carrying amount of goodwill for the three months ended March 31, 2021 and the year ended December 31, 2020 were as follows:
(in thousands)March 31, 2021December 31, 2020
Beginning balance$6,925 $6,323 
Foreign currency translation
(303)602 
Ending balance$6,622 $6,925 

The Company’s intangible assets at March 31, 2021 and December 31, 2020 consisted of the following:
March 31, 2021December 31, 2020
(in thousands)Gross Carrying
Amount		Accumulated
Amortization		NetGross Carrying
Amount		Accumulated
Amortization		Net
Other intangible assets:
Developed technology$798,270 $(264,397)$533,873 $798,260 $(254,629)$543,631 
Trade name27,168 — 27,168 27,343 — 27,343 
Service provider network2,000 — 2,000 2,000 — 2,000 
Customer relationships18,580 (4,330)14,250 19,072 (4,042)15,030 
Software10,714 (10,163)551 10,865 (9,693)1,172 
Other100 (79)21 100 (75)25 
Total intangible assets$856,832 $(278,969)$577,863 $857,640 $(268,439)$589,201 

At March 31, 2021, the weighted-average amortization periods remaining for developed technology, customer relationships, software and other was 14.2, 11.7, 1.2, and 1.3 years, respectively, and the weighted-average amortization periods remaining for these finite-lived intangible assets was 14.1 years.
Estimated annual amortization expense for finite-lived intangible assets subsequent to March 31, 2021 is as follows:
(in thousands)Amount
2021 (remaining)$31,049 
202240,912 
202340,781 
202440,778 
202540,753 
Thereafter354,422 
Total$548,695 

Amortization expense for intangible assets was $10.8 million and $11.0 million for the three months ended March 31, 2021 and 2020, respectively.