Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill [Table Text Block]

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

	Total
Balance as of January 1, 2023	$	1,449,258
Currency translation	(4,802)
Balance as of September 30, 2023	$	1,444,456

Schedule of Intangible Assets and Goodwill [Table Text Block]

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

	Weighted-Average Amortization Life in Years	September 30, 2023
		Cost		Accumulated Amortization		Net
Patents	10	$	32,741	$	20,107	$	12,634
Customer contracts	12	9,860		6,631		3,229
Non-contractual customer relationships	8	545,192		151,573		393,619
Trademarks	1	5,425		5,425		—
Trade name	15	18,243		6,852		11,391
Developed technology	10	583,845		152,444		431,401
Non-compete	3	9,100		6,900		2,200
Total amortized intangible assets		$	1,204,406	$	349,932	$	854,474
Internally developed software*		$	36,806			$	36,806
Total intangible assets		$	1,241,212	$	349,932	$	891,280

______________________________

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

	Weighted-Average Amortization Life in Years	December 31, 2022
		Cost		Accumulated Amortization		Net
Patents	10	$	29,998	$	18,610	$	11,388
Customer contracts	12	10,026		6,443		3,583
Non-contractual customer relationships	8	546,935		101,556		445,379
Trademarks	1	5,425		5,425		—
Trade name	15	18,251		5,959		12,292
Developed technology	10	583,176		108,708		474,468
Non-compete	3	9,100		5,250		3,850
Total amortized intangible assets		$	1,202,911	$	251,951	$	950,960
Internally developed software*		$	31,806			$	31,806
Total intangible assets		$	1,234,717	$	251,951	$	982,766

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

As of September 30, 2023 estimated annual amortization for our intangible assets for each of the next five years is approximately (in thousands):

Remainder of 2023	$	32,407
2024	131,060
2025	123,490
2026	122,832
2027	112,782
2028	112,184
Thereafter	219,719
Total	$	854,474