Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2024

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, 2024	$	1,472,446
Currency translation	(13,078)
Balance as of March 31, 2024	$	1,459,368

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	March 31, 2024
		Cost		Accumulated Amortization		Net
Patents	10	$	34,257	$	21,188	$	13,069
Customer contracts	12	9,891		6,792		3,099
Non-contractual customer relationships	8	550,922		187,090		363,832
Trademarks	1	5,425		5,425		—
Trade name	15	18,245		7,457		10,788
Developed technology	10	587,115		182,377		404,738
Non-compete	3	9,100		8,000		1,100
Total amortized intangible assets		$	1,214,955	$	418,329	$	796,626
Internally developed software(1)		$	40,278			$	40,278
Total intangible assets		$	1,255,233	$	418,329	$	836,904

______________________________

(1) 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, 2023
		Cost		Accumulated Amortization		Net
Patents	10	$	33,261	$	20,637	$	12,624
Customer contracts	12	10,018		6,755		3,263
Non-contractual customer relationships	8	554,982		171,279		383,703
Trademarks	1	5,425		5,425		—
Trade name	15	18,251		7,162		11,089
Developed technology	10	587,852		167,913		419,939
Non-compete	3	9,100		7,450		1,650
Total amortized intangible assets		$	1,218,889	$	386,621	$	832,268
Internally developed software(1)		$	38,320			$	38,320
Total intangible assets		$	1,257,209	$	386,621	$	870,588

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

As of March 31, 2024 estimated annual amortization for our intangible assets for each of the next five years and thereafter is approximately (in thousands):

Remainder of 2024	$	98,985
2025	124,715
2026	123,950
2027	113,873
2028	113,275
2029	110,189
Thereafter	111,639
Total	$	796,626