v3.25.2
Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amount of Goodwill
The following table represents changes in the carrying amount of goodwill:
(In thousands)
Balance as of December 31, 2024$734,727 
Foreign currency exchange rate fluctuations3,761 
Balance as of June 30, 2025$738,488 
Schedule of Carrying Amounts and Useful Lives of Intangible Assets
The carrying amounts and useful lives of intangible assets were as follows:
June 30, 2025
Gross carrying
amount (1)
Accumulated
amortization
Foreign currency exchange
rate fluctuations
Net carrying
amount
Useful life
(years)
(In thousands, except for years)
Customer relationships$307,418 $(141,907)$(1,167)$164,344 
4 - 30
Acquired technology45,379 (33,663)— 11,716 
4 - 20
Trade names2,400 (1,820)— 580 5
Patents1,681 (972)— 709 
2 - 20
Total intangible assets, net
$356,878 $(178,362)$(1,167)$177,349 
 
December 31, 2024
Gross carrying
amount (1)
Accumulated
amortization
Foreign currency exchange
rate fluctuations
Net carrying
amount
Useful life
(years)
(In thousands, except for years)
Customer relationships$307,418 $(133,111)$(1,373)$172,934 
4 - 30
Acquired technology46,134 (32,421)— 13,713 
4 - 20
Trade names2,400 (1,580)— 820 5
Patents2,291 (1,492)— 799 
2 - 20
Total intangible assets, net
$358,243 $(168,604)$(1,373)$188,266 
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(1)    The differences in gross carrying amounts between periods are primarily due to the write-off of certain fully amortized intangible assets.
Schedule of Estimated Future Amortization Expense for Intangible Assets
The estimated future amortization expenses for amortizable intangible assets were as follows:
June 30,
2025
(In thousands)
Remaining six months of 2025$10,119 
202618,041 
202716,233 
202815,145 
202913,647 
Thereafter104,164 
Total$177,349