XML 36 R27.htm IDEA: XBRL DOCUMENT v3.22.1
Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2022
Goodwill And Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill Attributable to Software Reporting Segment

The changes in the carrying amount of goodwill, which is attributable to the Software reportable segment, were as follows (in thousands):

 

Balance as of January 1, 2022

 

$

370,178

 

Acquisitions

 

$

13,227

 

Effects of foreign currency translation and other

 

 

(4,085

)

Balance as of March 31, 2022

 

$

379,320

 

 

Schedule of Other Intangible Assets

A summary of other intangible assets is shown below (in thousands):

 

 

 

March 31, 2022

 

 

 

Weighted average

amortization period

 

Gross carrying

amount

 

 

Accumulated amortization

 

 

Net carrying amount

 

Definite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Developed technology

 

4-6 years

 

$

112,716

 

 

$

54,209

 

 

$

58,507

 

Customer relationships

 

7-10 years

 

 

46,849

 

 

 

23,439

 

 

 

23,410

 

Other intangibles

 

4-10 years

 

 

641

 

 

 

165

 

 

 

476

 

Total definite-lived intangible assets

 

 

 

 

160,206

 

 

 

77,813

 

 

 

82,393

 

Indefinite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trade names

 

 

 

 

10,952

 

 

 

 

 

 

 

10,952

 

Total other intangible assets

 

 

 

$

171,158

 

 

$

77,813

 

 

$

93,345

 

 

 

 

December 31, 2021

 

 

 

Weighted average

amortization period

 

Gross carrying

amount

 

 

Accumulated

amortization

 

 

Net carrying

amount

 

Definite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Developed technology

 

4-6 years

 

$

110,891

 

 

$

49,672

 

 

$

61,219

 

Customer relationships

 

7-10 years

 

 

48,277

 

 

 

21,859

 

 

 

26,418

 

Other intangibles

 

4-10 years

 

 

647

 

 

 

127

 

 

 

520

 

Total definite-lived intangible assets

 

 

 

 

159,815

 

 

 

71,658

 

 

 

88,157

 

Indefinite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trade names

 

 

 

 

10,900

 

 

 

 

 

 

 

10,900

 

Total other intangible assets

 

 

 

$

170,715

 

 

$

71,658

 

 

$

99,057