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Goodwill and Identified Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes to Carrying Value of Goodwill

The changes to the carrying value of goodwill from January 1, 2021 through December 31, 2022 are reflected below (in thousands):

 

 

 

Amounts

 

Balance at December 31, 2020 and 2021

 

$

314,576

 

Goodwill adjustment related to Mergers in prior periods

 

 

(916

)

Balance at December 31, 2022

 

$

313,660

 

Identified Intangible Assets

Identified intangible assets consisted of the following (in thousands):

 

 

 

 

 

December 31, 2022

 

 

December 31, 2021

 

 

 

Average
Life
(Years)

 

Gross
Assets

 

 

Accumulated
Amortization

 

 

Net

 

 

Gross
Assets

 

 

Accumulated
Amortization

 

 

Net

 

Finite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired patents / core technology

 

3-10

 

$

645,928

 

 

$

(270,275

)

 

$

375,653

 

 

$

667,613

 

 

$

(219,292

)

 

$

448,321

 

Existing technology / content database

 

5-10

 

 

38,681

 

 

 

(36,614

)

 

 

2,067

 

 

 

38,681

 

 

 

(33,514

)

 

 

5,167

 

Customer contracts and related relationships

 

3-9

 

 

155,900

 

 

 

(101,252

)

 

 

54,648

 

 

 

155,900

 

 

 

(62,677

)

 

 

93,223

 

Trademarks/trade name

 

4-10

 

 

1,300

 

 

 

(1,192

)

 

 

108

 

 

 

1,300

 

 

 

(1,029

)

 

 

271

 

Total intangible assets

 

 

 

$

841,809

 

 

$

(409,333

)

 

$

432,476

 

 

$

863,494

 

 

$

(316,512

)

 

$

546,982

 

Estimated Future Amortization Expense

As of December 31, 2022, the estimated future amortization expense of total finite-lived intangible assets was as follows (in thousands):

 

 

 

Amounts

 

2023

 

$

93,540

 

2024

 

 

68,809

 

2025

 

 

52,731

 

2026

 

 

52,597

 

2027

 

 

52,246

 

Thereafter

 

 

112,553

 

 

 

$

432,476