INTANGIBLE ASSETS AND GOODWILL (Tables)

12 Months Ended

Dec. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-lived Intangible Assets

The Company’s finite-lived and indefinite-lived intangible assets are summarized as follows (dollars in thousands):

	December 31, 2024
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Weighted-Average Remaining Useful Life (Years)
Developed technology	$	185,947	$	(95,216)	$	90,731	4.0
Customer relationships	71,050		(43,683)		27,367		4.9
Total finite-lived intangible assets	256,997		(138,899)		118,098		4.2
In-process research and development	2,848				2,848
Total intangible assets	$	259,845	$	(138,899)	120,946

	December 31, 2023
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Weighted-Average Remaining Useful Life (Years)
Developed technology	$	166,453	$	(67,221)	$	99,232	4.3
Customer relationships	66,350		(30,884)		35,466		4.2
Total finite-lived intangible assets	232,803		(98,105)		134,698		4.3
In-process research and development	2,848		—		2,848
Total intangible assets	$	235,651	$	(98,105)	$	137,546

Schedule of Intangible Assets Amortization Expense

Amortization expense recorded on the Company's finite-lived intangible assets is summarized as follows (in thousands):

	Year Ended December 31,
	2024		2023		2022
Cost of revenue	$	25,437	$	22,396	$	22,428
Sales and marketing	12,700		12,425		12,425
Research and development	2,657		2,757		3,528
Total amortization of acquired finite-lived intangible assets	$	40,794	$	37,578	$	38,381

Estimated Future Amortization Expense Related to Finite-lived Intangible Assets

The following table outlines the estimated future amortization expense related to finite-lived intangible assets (in thousands):

Years Ending December 31,
2025	$	38,776
2026	24,198
2027	23,354
2028	19,715
2029	4,752
Thereafter	7,303
Total	$	118,098

Schedule of Changes in Carrying Amount of Goodwill

The following table presents the changes in carrying amount of goodwill (in thousands):

	Year Ended December 31,
	2024		2023
Beginning balance	$	539,354	$	539,128
Additions	11,333		—
Other adjustments, net (1)	(1,036)		226
Ending balance	$	549,651	$	539,354

(1) Includes post-closing working capital adjustments and the effect of foreign currency translation.