Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

Changes in the carrying amount of goodwill during the three months ended March 31, 2022 are shown below (in thousands):

	Goodwill as of March 31, 2022
Beginning Balance	$	69,727
Acquisition of STI	327,768
Foreign currency impact	(17,655)
Ending Balance	$	379,840

Schedule of finite-lived intangible assets

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

	Estimated Useful Lives (Years)	March 31, 2022		December 31, 2021
Amortizable:
Costs:
Developed technology	14	$	203,800	$	203,800
Customer relationships	10	328,270		89,500
Backlog	1	51,165		—
Trade name	20	28,430		—
Total amortizable intangibles		611,665		293,300
Accumulated amortization:
Developed technology		83,430		79,790
Customer relationships		56,254		49,057
Backlog		11,278		—
Trade name		313		—
Total accumulated amortization		151,275		128,847
Total amortizable intangibles, net		460,390		164,453
Non-amortizable costs:
Trade name		10,300		10,300
Total other intangible assets, net		$	470,690	$	174,753

Schedule of indefinite-lived intangible assets

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

	Estimated Useful Lives (Years)	March 31, 2022		December 31, 2021
Amortizable:
Costs:
Developed technology	14	$	203,800	$	203,800
Customer relationships	10	328,270		89,500
Backlog	1	51,165		—
Trade name	20	28,430		—
Total amortizable intangibles		611,665		293,300
Accumulated amortization:
Developed technology		83,430		79,790
Customer relationships		56,254		49,057
Backlog		11,278		—
Trade name		313		—
Total accumulated amortization		151,275		128,847
Total amortizable intangibles, net		460,390		164,453
Non-amortizable costs:
Trade name		10,300		10,300
Total other intangible assets, net		$	470,690	$	174,753

Schedule of future annual amortization expense of amortizable intangible assets

Estimated future annual amortization expense for the above amortizable intangible assets for the remaining periods through March 31, as follows (in thousands):

	Amount
2022	$	75,291
2023	50,318
2024	48,805
2025	48,805
2026	44,499
Thereafter	192,672
	$	460,390