Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2023

Goodwill And Other Intangible Assets Disclosure [Abstract]

Changes in Carrying Value of Goodwill

The following table represents the change in the carrying value of goodwill for the six months ended June 30, 2023 (amounts in thousands):

Balance at December 31, 2022	$	855,513
Acquisition of FlexBiosys, Inc.		14,355
Cumulative translation adjustment		820
Balance at June 30, 2023	$	870,688

Schedule of Intangible Assets

Intangible assets, net, consisted of the following at June 30, 2023:

	June 30, 2023
	Gross Carrying Value		Accumulated Amortization			Net Carrying Value		Weighted Average Useful Life (in years)
	(Amounts in thousands)
Finite-lived intangible assets:
Technology - developed	$	200,468	$	(37,053	)	$	163,415		16
Patents		240		(240	)		—		8
Customer relationships		255,546		(74,896	)		180,650		16
Trademarks		7,717		(1,544	)		6,173		19
Other intangibles		3,039		(2,273	)		766		4
Total finite-lived intangible assets		467,010		(116,006	)		351,004		16
Indefinite-lived intangible asset:
Trademarks		700		—			700		—
Total intangible assets	$	467,710	$	(116,006	)	$	351,704

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

	December 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	$	190,463	$	(30,992	)	$	159,471		16
Patents		240		(240	)		—		8
Customer relationships		252,934		(66,559	)		186,375		15
Trademarks		7,682		(1,319	)		6,363		19
Other intangibles		2,811		(2,044	)		767		4
Total finite-lived intangible assets		454,130		(101,154	)		352,976		16
Indefinite-lived intangible asset:
Trademarks		700		—			700		—
Total intangible assets	$	454,830	$	(101,154	)	$	353,676

Schedule of Amortization Expense for Amortized Intangible Assets

As of June 30, 2023, the Company expects to record the following amortization expense in future periods (amounts in thousands):

	Estimated
	Amortization
For the Years Ended December 31,	Expense
2023 (remaining six months)	$	15,031
2024		29,599
2025		29,369
2026		29,195
2027		29,161
2028 and thereafter		218,649
Total	$	351,004