Goodwill and Intangible Assets

9 Months Ended

Sep. 30, 2022

Goodwill And Intangible Assets Disclosure [Abstract]

6. Goodwill and Intangible Assets

Goodwill

The following table summarizes the changes in the carrying amount of goodwill by reportable segment (in thousands):

	Gaming Components and Systems			Gamer and Creator Peripherals			Total

Balance as of December 31, 2021	$	145,310		$	171,744		$	317,054
Addition from iDisplay Acquisition		3,485			28,485			31,970
Measurement period adjustments		235			782			1,017
Effect of foreign currency exchange rates		(157	)		(3,582	)		(3,739	)
Balance as of September 30, 2022	$	148,873		$	197,429		$	346,302

Intangible assets, net

The following table is a summary of intangible assets, net (in thousands):

	September 30, 2022						December 31, 2021
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount

Developed technology	$	53,986	$	21,821	$	32,165	$	32,086	$	14,922	$	17,164
Trade name		29,339		6,253		23,086		30,665		4,942		25,723
Customer relationships		218,527		111,405		107,122		218,566		94,910		123,656
Patent portfolio		31,042		9,884		21,158		31,481		8,196		23,285
Non-competition agreements		—		—		—		2,521		2,193		328
Supplier relationships		5,922		740		5,182		—		—		—
Total finite-life intangibles		338,816		150,103		188,713		315,319		125,163		190,156
Indefinite life trade name		35,430		—		35,430		35,430		—		35,430
Other		113		—		113		123		—		123
Total intangible assets	$	374,359	$	150,103	$	224,256	$	350,872	$	125,163	$	225,709

In the year after an identified intangible asset becomes fully amortized, we remove the fully amortized balances from the gross asset and accumulated amortization amounts from the table above.

The estimated future amortization expense of intangible assets as of September 30, 2022 is as follows (in thousands):

	Amounts

Remainder of 2022	$	9,670
2023		37,561
2024		36,110
2025		35,814
2026		32,454
Thereafter		37,104
Total	$	188,713