Intangible Assets and Liabilities |
Intangible Assets The gross carrying amount and accumulated amortization of our intangible assets, other than goodwill, were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2025 | | December 31, 2024 | In thousands | Gross | | Accumulated Amortization | | Net | | Gross | | Accumulated Amortization | | Net | Intangible Assets | | | | | | | | | | | | Core-developed technology | $ | 48,304 | | | $ | (38,513) | | | $ | 9,791 | | | $ | 48,048 | | | $ | (36,661) | | | $ | 11,387 | | Customer contracts and relationships | 332,930 | | | (309,581) | | | 23,349 | | | 315,744 | | | (285,441) | | | 30,303 | | Trademarks and trade names | 30,799 | | | (29,513) | | | 1,286 | | | 30,793 | | | (29,374) | | | 1,419 | | Other | 11,023 | | | (11,023) | | | — | | | 11,023 | | | (11,023) | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | Total intangible assets | $ | 423,056 | | | $ | (388,630) | | | $ | 34,426 | | | $ | 405,608 | | | $ | (362,499) | | | $ | 43,109 | |
Estimated future annual amortization is as follows: | | | | | | | | | | | | | Year Ending December 31, | | Estimated Annual Amortization | | | | | In thousands | | | 2025 (amount remaining at June 30, 2025) | | $ | 8,814 | | | | | | 2026 | | 13,710 | | | | | | 2027 | | 8,273 | | | | | | 2028 | | 2,681 | | | | | | 2029 | | 576 | | | | | | Thereafter | | 372 | | | | | | Total intangible assets subject to amortization | | $ | 34,426 | | | | | |
We recognize all amortization expense within Amortization of intangible assets in the Consolidated Statements of Operations. These expenses relate to intangible assets acquired as part of business combinations.
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