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Identifiable Intangible Assets and Goodwill
 9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Identifiable Intangible Assets and Goodwill Identifiable Intangible Assets and Goodwill
The components of identifiable intangible assets are:
(in thousands)September 30, 2026December 31, 2025Estimated
Useful Life		Weighted-Average Amortization Period
Acquired developed technology $199,635 $183,840 
3 - 7 years
4.26 years
Capitalized software development costs47,679 43,233 3 years2.05 years
Customer relationships128,033 119,046 
5 - 15 years
9.22 years
Trade names3,210 3,210 
2 - 8 years
5.81 years
Non-competition agreements7,230 7,230 
1 - 5 years
2.91 years
385,787 356,559 
Impact of currency translation on intangible assets(2,811)(983)
Less: accumulated amortization(198,518)(164,471)
184,458 191,105 
Capitalized software development in progress5,279 1,065 
Trademarks, trade names (non-amortizable)5,800 11,200 Indefinite
$195,537 $203,370 

Capitalized software development costs placed into service during the three months ended September 30, 2026 and 2025 were $1.2 million and $2.4 million, respectively, and $4.4 million and $4.6 million during the nine months ended September 30, 2026 and 2025, respectively.
The following table summarizes amortization expense for identifiable intangible assets:

Three Months Ended September 30,Nine Months Ended September 30,
(in thousands)2026202520262025
Amortization of acquired developed technology$7,078 $6,366 $20,454 $18,926 
Amortization of capitalized software development costs1,530 1,671 3,645 4,628 
Amortization of identifiable intangible assets recorded in cost of sales$8,608 $8,037 $24,099 $23,554 
Amortization expense recorded in operating expenses$3,719 $3,389 $10,875 $10,042 
Impact of foreign currency translation on intangible assets$(482)$(341)$(926)$1,320 

The expected future amortization of intangible assets, assuming straight-line amortization of capitalized software development costs and acquisition related intangibles, excluding capitalized software development in progress, is as follows:

(in thousands)
2026, remaining$11,466 
202742,742 
202831,646 
202922,855 
203020,148 
Thereafter55,601 
Total$184,458 

The following table summarizes changes in the carrying balance of goodwill:

(in thousands)20262025
Beginning balance - January 1$898,035 $887,459 
Delaget Acquisition ASC 805 measurement period adjustment— 937 
Foreign currency translation(4,327)10,057 
Ending balance - September 30$893,708 $898,453