XML 42 R12.htm IDEA: XBRL DOCUMENT v3.25.0.1
PURCHASED INTANGIBLE ASSETS
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
PURCHASED INTANGIBLE ASSETS PURCHASED INTANGIBLE ASSETS
Our purchased intangible assets primarily include finite-lived customer relationships and trademarks/trade names. Customer relationships are amortized using an accelerated amortization method over the estimated useful life. Trademarks/trade names are amortized ratably over the estimated useful life.

The remaining weighted average amortization periods for unamortized purchased intangible assets are as follows as of December 31, 2024:
 
Customer relationships12 years
Trademarks / Trade names12 years

Our purchased intangible assets consisted of the following as of December 31, 2024:
 
GrossAccumulated
Amortization
Net
Core technology$260 $(260)$— 
Customer relationships211,077 (54,537)156,540 
Trademarks / Trade names22,000 (4,436)17,564 
Total intangible assets$233,337 $(59,233)$174,104 
 
Our purchased intangible assets consisted of the following as of December 31, 2023:
 
GrossAccumulated
Amortization
Net
Core technology$283 $(269)$14 
Customer backlog22,000 (22,000)— 
Customer relationships211,128 (34,913)176,215 
Trademarks / Trade names22,000 (2,969)19,031 
Total intangible assets$255,411 $(60,151)$195,260 
 
The change in the gross value of our unamortized purchased intangible assets at December 31, 2024 from December 31, 2023 was primarily due to foreign currency translation.

Expected future amortization of purchased intangible assets is as follows:
 
For the years ended December 31: 
2025$19,053 
202617,426 
202715,806 
202814,902 
202914,713 
Thereafter92,204 
 $174,104