Goodwill and Intangible Assets (Notes)

9 Months Ended

Sep. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets Disclosure [Text Block]

Goodwill and Intangible Assets, Net

Goodwill

    The following table presents the changes in the carrying amount of our goodwill (in thousands):

	Total
Balance as of January 1, 2021	$	33,001
Currency translation	(241)
Balance as of September 30, 2021	$	32,760

Intangible Assets, Net

    Intangible assets, carried at cost less accumulated amortization and amortized on a straight-lined basis, were as follows (in thousands):

	Weighted Average	September 30, 2021
	Amortization Life in Years	Cost		Accumulated Amortization		Net
Patents	10	$	26,751	$	16,322	$	10,429
Customer contracts	12	10,395		6,109		4,286
Non-contractual customer relationships	9	57,403		31,407		25,996
Trademarks	4	425		425		—
Trade name	15	18,259		4,421		13,838
Developed technology	13	152,893		46,291		106,602
Non-compete	3	9,600		1,597		8,003
Total amortized intangible assets		$	275,726	$	106,572	$	169,154
Internally developed software*		$	23,624			$	23,624
Total intangible assets		$	299,350	$	106,572	$	192,778

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* Internally developed software will be amortized when the projects are complete and the assets are ready for their intended use.

	Weighted Average	December 31, 2020
	Amortization Life in Years	Cost		Accumulated Amortization		Net
Patents	10	$	24,797	$	15,056	$	9,741
Customer contracts	12	10,365		5,852		4,513
Non-contractual customer relationships	9	58,061		26,711		31,350
Trademarks	4	425		425		—
Trade name	15	18,270		3,500		14,770
Developed technology	13	152,893		36,927		115,966
Non-compete	3	2,500		972		1,528
Total amortized intangible assets		$	267,311	$	89,443	$	177,868
Internally developed software*		$	19,363			$	19,363
Total intangible assets		$	286,674	$	89,443	$	197,231

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* Internally developed software will be amortized when the projects are complete and the assets are ready for their intended use.

Intangible assets with definite lives are amortized on a straight-line basis over their estimated useful lives. During the three and nine months ended September 30, 2021, respectively, intangible asset amortization expense was $5.8 million and $17.4 million, respectively, as compared to $5.8 million and $17.4 million for the three and nine months ended September 30, 2020, respectively.

As of September 30, 2021 estimated annual amortization for our intangible assets for each of the next five years is approximately (in thousands):

Remainder of 2021	$	6,858
2022	25,311
2023	24,289
2024	23,607
2025	16,025
2026	15,255
Thereafter	57,809
Total	$	169,154