| Goodwill and Intangible Assets |
Goodwill and Intangible Assets The changes in the carrying amount of goodwill for the six months ended June 30, 2026 were as follows (in thousands): | | | | | | | | | | | | | | | | | | | Connected Devices | | Software and Services | | Total | | Balance, beginning of period | $ | 51,249 | | | $ | 1,318,940 | | | $ | 1,370,189 | | | Goodwill acquired | 4,581 | | | 524,733 | | | 529,314 | | | Purchase accounting adjustments | — | | | 63 | | | 63 | | | Foreign currency translation adjustments | (114) | | | (625) | | | (739) | | | Balance, end of period | $ | 55,716 | | | $ | 1,843,111 | | | $ | 1,898,827 | |
Intangible assets (other than goodwill) consisted of the following at June 30, 2026 and December 31, 2025 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | December 31, 2025 | | Useful Life | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | | Amortizable (definite-lived) intangible assets: | | | | | | | | | | | | | | | Developed technology | 3 ‑ 8 years | | $ | 262,122 | | | $ | (63,653) | | | $ | 198,469 | | | $ | 183,122 | | | $ | (44,399) | | | $ | 138,723 | | | Customer relationships | 5 ‑ 10 years | | 68,231 | | | (12,748) | | | 55,483 | | | 41,329 | | | (8,960) | | | 32,369 | | | Issued trademarks | 3 ‑ 23 years | | 11,986 | | | (5,377) | | | 6,609 | | | 9,900 | | | (3,856) | | | 6,044 | | | Issued patents | 8 ‑ 26 years | | 3,002 | | | (1,641) | | | 1,361 | | | 3,017 | | | (1,602) | | | 1,415 | | | Domain names | 5 ‑ 10 years | | 4,568 | | | (2,968) | | | 1,600 | | | 3,043 | | | (2,738) | | | 305 | | | Total amortizable | | | 349,909 | | | (86,387) | | | 263,522 | | | 240,411 | | | (61,555) | | | 178,856 | | | Non-amortizable (indefinite-lived) intangible assets: | | | | | | | | | | | | | | In-process research and development (1) | | | 16,600 | | | — | | | 16,600 | | | 16,600 | | | — | | | 16,600 | | | Trademarks | | | 1,068 | | | — | | | 1,068 | | | 1,068 | | | — | | | 1,068 | | | Patents and trademarks pending | | | 393 | | | — | | | 393 | | | 448 | | | — | | | 448 | | | Total non-amortizable | | | 18,061 | | | — | | | 18,061 | | | 18,116 | | | — | | | 18,116 | | | Total intangible assets | | | $ | 367,970 | | | $ | (86,387) | | | $ | 281,583 | | | $ | 258,527 | | | $ | (61,555) | | | $ | 196,972 | |
(1)During the six months ended June 30, 2026, no in-process research and development costs were placed into service. During the six months ended June 30, 2025, approximately $15.3 million has been placed into service. Amortization expense of intangible assets for the three and six months ended June 30, 2026 was $13.4 million and $24.9 million, respectively. Amortization expense of intangible assets for the three and six months ended June 30, 2025 was $6.7 million and $13.3 million, respectively. Estimated amortization for intangible assets with definite lives for the remaining six months of 2026, the next five years ended December 31, and thereafter, is as follows (in thousands): | | | | | | | 2026 remaining | $ | 26,872 | | | 2027 | 52,521 | | | 2028 | 50,289 | | | 2029 | 47,336 | | | 2030 | 35,726 | | | 2031 | 18,341 | | | Thereafter | 32,437 | | | Total | $ | 263,522 | |
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