Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2022

Changes in Carrying Value of Goodwill

The following table represents the change in the carrying value of goodwill for the three months ended March 31, 2022 (amounts in thousands):

Balance as of December 31, 2021	$	860,362
Measurement period adjustment - BioFlex		4
Cumulative translation adjustment		(878	)
Balance as of March 31, 2022	$	859,488

Intangible assets

Intangible assets, net consisted of the following at March 31, 2022:

	March 31, 2022
	Gross Carrying Value		Accumulated Amortization			Net Carrying Value		Weighted Average Useful Life (in years)
	(Amounts in thousands)
Finite-lived intangible assets:
Technology - developed	$	145,894	$	(23,742	)	$	122,152		17
Patents		240		(240	)		—		8
Customer relationships		254,074		(54,813	)		199,261		15
Trademarks		7,693		(988	)		6,705		19
Other intangibles		2,829		(1,719	)		1,110		4
Total finite-lived intangible assets		410,730		(81,502	)		329,228		16
Indefinite-lived intangible asset:
Trademarks		700		—			700		—
Total intangible assets	$	411,430	$	(81,502	)	$	329,928

Intangible assets consisted of the following at December 31, 2021:

	December 31, 2021
	Gross Carrying Value		Accumulated Amortization			Net Carrying Value		Weighted Average Useful Life (in years)
	(Amounts in thousands)
Finite-lived intangible assets:
Technology - developed	$	146,097	$	(21,553	)	$	124,544		17
Patents		240		(240	)		—		8
Customer relationships		254,699		(50,719	)		203,980		15
Trademarks		7,699		(877	)		6,822		19
Other intangibles		2,839		(1,611	)		1,228		4
Total finite-lived intangible assets		411,574		(75,000	)		336,574		16
Indefinite-lived intangible asset:
Trademarks		700		—			700		—
Total intangible assets	$	412,274	$	(75,000	)	$	337,274

Schedule of Amortization Expense for Amortized Intangible Assets

As of March 31, 2022, the Company expects to record the following amortization expense in future periods (amounts in thousands):

	Estimated
	Amortization
For the Years Ended December 31,	Expense
2022 (remaining nine months)	$	19,850
2023		26,350
2024		25,764
2025		25,425
2026		25,425
2027 and thereafter		206,414
Total	$	329,228