Goodwill and Other Intangible Assets, Net (Tables)

9 Months Ended

Sep. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Changes in the carrying amount of goodwill by operating segment during the nine months ended September 30, 2024, consisted of the following (in thousands):

	Array Legacy Operations		STI Operations		Total
Beginning balance	$	69,727	$	365,864	$	435,591
Foreign currency translation	—		(22,718)		(22,718)
Impairment charge	—		(162,000)		(162,000)
Ending balance (1)	$	69,727	$	181,146	$	250,873

(1) Goodwill attributable to Array Legacy Operations is net of cumulative impairments of $51.9 million.

Schedule of Finite-Lived Intangible Assets

Other intangible assets consisted of the following (in thousands, except useful lives):

	Estimated Useful Lives (Years)	September 30, 2024		December 31, 2023
Amortizable:
Developed technology	14	$	203,800	$	203,800
Computer software	3	1,245		5,267
Customer relationships	10	320,489		336,134
Backlog	1	50,605		54,438
Trade name	20	26,000		27,061
Total amortizable intangibles		602,139		626,700
Accumulated amortization:
Developed technology		119,822		108,905
Computer software		522		1,274
Customer relationships		136,354		115,444
Backlog		50,605		54,322
Trade name		3,537		2,666
Total accumulated amortization		310,840		282,611
Total amortizable intangibles, net		291,299		344,089
Non-amortizable:
Trade name		10,300		10,300
Total other intangible assets, net		$	301,599	$	354,389

Schedule of Indefinite-Lived Intangible Assets

Other intangible assets consisted of the following (in thousands, except useful lives):

	Estimated Useful Lives (Years)	September 30, 2024		December 31, 2023
Amortizable:
Developed technology	14	$	203,800	$	203,800
Computer software	3	1,245		5,267
Customer relationships	10	320,489		336,134
Backlog	1	50,605		54,438
Trade name	20	26,000		27,061
Total amortizable intangibles		602,139		626,700
Accumulated amortization:
Developed technology		119,822		108,905
Computer software		522		1,274
Customer relationships		136,354		115,444
Backlog		50,605		54,322
Trade name		3,537		2,666
Total accumulated amortization		310,840		282,611
Total amortizable intangibles, net		291,299		344,089
Non-amortizable:
Trade name		10,300		10,300
Total other intangible assets, net		$	301,599	$	354,389

Schedule of Future Annual Amortization Expense of Amortizable Intangible Assets

Estimated future amortization expense of intangible assets as of September 30, 2024, is as follows (in thousands):

	Amount
Remainder of 2024	$	11,987
2025	47,946
2026	43,635
2027	39,041
2028	39,041
Thereafter	109,649
	$	291,299