GOODWILL AND ACQUIRED INTANGIBLES (Tables)
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9 Months Ended |
Sep. 30, 2026 |
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| Intangible Asset, Goodwill and Other [Abstract] |
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| Changes in the carrying amount of goodwill |
The changes in the carrying amount of goodwill during the nine months ended September 30, 2026 were as follows: | | | | | | | Gross Carrying
Amount | | (In thousands) | | Balance as of December 31, 2025 | $ | 2,749,143 | | | Goodwill resulting from acquisitions | 2,219,277 | | | | | Effect of foreign currency translation | (41,465) | | | Balance as of September 30, 2026 | $ | 4,926,955 | |
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| Schedule of acquired intangibles with finite and indefinite lives (excluding goodwill) |
Acquired intangibles as of September 30, 2026 were as follows: | | | | | | | | | | | | | | | | | | | Gross Carrying
Amount | | Accumulated
Amortization | | Acquired
Intangibles, Net | | (In thousands) | | Existing technology | $ | 1,231,440 | | | $ | (283,816) | | | $ | 947,624 | | | Agreements and relationships | 993,315 | | | (190,606) | | | 802,709 | | | Tradenames, trademarks and patents | 56,844 | | | (15,171) | | | 41,673 | | | | | | | | | | | | | | | Total acquired intangibles | $ | 2,281,599 | | | $ | (489,593) | | | $ | 1,792,006 | |
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 nine months ended September 30, 2026 and September 30, 2025 by condensed consolidated income statement caption was as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | September 30,
2026 | | September 30,
2025 | | September 30,
2026 | | September 30,
2025 | | (In thousands) | | Cost of product and maintenance | $ | 46,091 | | | $ | 15,751 | | | $ | 122,437 | | | $ | 46,744 | | | Amortization of acquired intangibles | 33,779 | | | 10,233 | | | 88,304 | | | 28,359 | | | Total amortization of acquired intangibles | $ | 79,870 | | | $ | 25,984 | | | $ | 210,741 | | | $ | 75,103 | |
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| Estimated amortization expense |
As of September 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 | $ | 78,406 | | | 2027 | 294,327 | | | 2028 | 286,974 | | | 2029 | 261,410 | | | 2030 | 216,778 | | | 2031 | 194,034 | | | Thereafter | 460,077 | | | Total estimated amortization expense | $ | 1,792,006 | |
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