Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in carrying amount of goodwill

The change in the carrying amount of goodwill for the three-month period ended March 31, 2023 is detailed as follows (in thousands):

	2023
Goodwill balance at January 1	$	359,821
Effect of foreign exchange		470
Goodwill balance at March 31	$	360,291

Other intangible assets

Other intangible assets at March 31, 2023 and December 31, 2022 consisted of the following (in thousands):

	March 31, 2023
	Gross Carrying		Accumulated		Net Carrying
	Amount		Amortization		Amount
Patents	$	29,716	$	(10,888)	$	18,828
Distribution agreements		3,250		(2,766)		484
License agreements		11,119		(7,536)		3,583
Trademarks		30,229		(18,522)		11,707
Customer lists		34,109		(32,030)		2,079
Total	$	108,423	$	(71,742)	$	36,681

	December 31, 2022
	Gross Carrying		Accumulated		Net Carrying
	Amount		Amortization		Amount
Patents	$	29,445	$	(10,203)	$	19,242
Distribution agreements		3,250		(2,715)		535
License agreements		11,109		(7,250)		3,859
Trademarks		30,221		(17,863)		12,358
Customer lists		34,105		(31,749)		2,356
Total	$	108,130	$	(69,780)	$	38,350

Estimated amortization expense

Estimated amortization expense for developed technology and other intangible assets for the next five years consisted of the following as of March 31, 2023 (in thousands):

	Estimated Amortization Expense
Remaining 2023	$	35,625
2024		44,621
2025		42,715
2026		32,126
2027		29,034