| Summary of Changes in Carrying Amount of Goodwill by Reportable Segment |
The following table summarizes the changes in the carrying amount of goodwill (in thousands):
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Goodwill, Gross |
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|
Accumulated Impairment Losses |
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Goodwill, Net |
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As of December 31, 2024 |
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$ |
399,605 |
|
|
$ |
(142,000 |
) |
|
$ |
257,605 |
|
Currency translation |
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|
8,627 |
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|
|
— |
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|
|
8,627 |
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As of June 30, 2025 |
|
$ |
408,232 |
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|
$ |
(142,000 |
) |
|
$ |
266,232 |
|
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| Summary of Identifiable Intangible Assets |
The components of identifiable intangible assets subject to amortization were as follows (in thousands):
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Technology |
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Trademarks
and Trade
Names |
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Customer Relationships |
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Other |
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Total(1) |
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As of December 31, 2024: |
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Gross carrying amount |
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$ |
126,478 |
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|
$ |
34,117 |
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|
$ |
137,770 |
|
|
$ |
4,032 |
|
|
$ |
302,397 |
|
Accumulated amortization |
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|
(79,619 |
) |
|
|
(23,563 |
) |
|
|
(104,448 |
) |
|
|
(2,032 |
) |
|
|
(209,663 |
) |
Identifiable intangible assets, net |
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$ |
46,859 |
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|
$ |
10,553 |
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|
$ |
33,322 |
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|
$ |
2,000 |
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|
$ |
92,734 |
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As of June 30, 2025: |
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Gross carrying amount |
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$ |
126,478 |
|
|
$ |
35,549 |
|
|
$ |
146,449 |
|
|
$ |
4,242 |
|
|
$ |
312,718 |
|
Accumulated amortization |
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|
(83,933 |
) |
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|
(26,025 |
) |
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|
(115,161 |
) |
|
|
(1,137 |
) |
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|
(226,256 |
) |
Identifiable intangible assets, net |
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$ |
42,545 |
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$ |
9,524 |
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|
$ |
31,288 |
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|
$ |
3,105 |
|
|
$ |
86,462 |
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(1) During the six months ended June 30, 2025, we wrote off all fully amortized intangible assets that are no longer in use.
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