GOODWILL AND ACQUIRED INTANGIBLES (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Goodwill and Intangible Assets Disclosure [Abstract] |
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| Changes in the carrying amount of goodwill |
The changes in the carrying amount of goodwill during the six months ended June 30, 2026 were as follows: | | | | | | | | Gross Carrying
Amount | | | (In thousands) | | Balance as of December 31, 2025 | $ | 2,749,143 | | | Goodwill resulting from acquisitions | 2,198,007 | | | | | Effect of foreign currency translation | (32,362) | | | Balance as of June 30, 2026 | $ | 4,914,788 | |
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| Schedule of acquired intangibles with finite and indefinite lives (excluding goodwill) |
Acquired intangibles as of June 30, 2026 were as follows: | | | | | | | | | | | | | | | | | | | Gross Carrying
Amount | | Accumulated
Amortization | | Acquired
Intangibles, Net | | | (In thousands) | | Existing technology | $ | 1,233,132 | | | $ | (237,583) | | | $ | 995,549 | | | Agreements and relationships | 995,221 | | | (160,221) | | | 835,000 | | | Tradenames, trademarks and patents | 57,008 | | | (13,102) | | | 43,906 | | | | | | | | | | | | | | | Total acquired intangibles | $ | 2,285,361 | | | $ | (410,906) | | | $ | 1,874,455 | |
Acquired intangibles as of December 31, 2025 were as follows: | | | | | | | | | | | | | | | | | | | Gross Carrying
Amount | | Accumulated
Amortization | | Acquired
Intangibles, Net | | | (In thousands) | | Existing technology | $ | 590,211 | | | $ | (256,589) | | | $ | 333,622 | | | Agreements and relationships | 470,334 | | | (114,697) | | | 355,637 | | | Tradenames, trademarks and patents | 40,984 | | | (12,020) | | | 28,964 | | | | | | | | | | | | | | | Total acquired intangibles | $ | 1,101,529 | | | $ | (383,306) | | | $ | 718,223 | |
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| Amortization of acquired intangibles |
Amortization expense for the three and six months ended June 30, 2026 and June 30, 2025 by condensed consolidated income statement caption was as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | June 30,
2026 | | June 30,
2025 | | June 30,
2026 | | June 30,
2025 | | | (In thousands) | | Cost of product and maintenance | $ | 45,607 | | | $ | 14,499 | | | $ | 76,346 | | | $ | 30,993 | | | Amortization of acquired intangibles | 34,315 | | | 9,204 | | | 54,525 | | | 18,126 | | | Total amortization of acquired intangibles | $ | 79,922 | | | $ | 23,703 | | | $ | 130,871 | | | $ | 49,119 | |
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| Estimated amortization expense |
As of June 30, 2026, the estimated amortization expense for intangible assets with definite lives was as follows for the following five fiscal years and thereafter: | | | | | | | | (In thousands) | | 2026 - remaining period | $ | 158,144 | | | 2027 | 294,805 | | | 2028 | 287,452 | | | 2029 | 261,824 | | | 2030 | 217,050 | | | 2031 | 194,213 | | | Thereafter | 460,967 | | | Total estimated amortization expense | $ | 1,874,455 | |
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