| Goodwill and Intangible Assets |
6. Goodwill and Intangible Assets Goodwill The following table summarizes the changes in the carrying amount of goodwill by reportable segment (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gaming
Components
and
Systems |
|
|
Gamer and
Creator
Peripherals |
|
|
Total |
|
|
|
|
|
|
|
|
|
|
|
Balance as of December 31, 2025 |
|
$ |
148,956 |
|
|
$ |
208,809 |
|
|
$ |
357,765 |
|
Addition from business acquisition |
|
|
— |
|
|
|
21,901 |
|
|
|
21,901 |
|
Effect of foreign currency exchange rates |
|
|
(7 |
) |
|
|
(333 |
) |
|
|
(340 |
) |
Balance as of September 30, 2026 |
|
$ |
148,949 |
|
|
$ |
230,377 |
|
|
$ |
379,326 |
|
Intangible assets, net The following table is a summary of intangible assets, net (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
September 30, 2026 |
|
|
December 31, 2025 |
|
|
Gross
Carrying
Amount |
|
|
Accumulated
Amortization |
|
|
Net
Carrying
Amount |
|
|
Gross
Carrying
Amount |
|
|
Accumulated
Amortization |
|
|
Net
Carrying
Amount |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Developed technology |
$ |
30,312 |
|
|
$ |
20,451 |
|
|
$ |
9,861 |
|
|
$ |
31,912 |
|
|
$ |
19,891 |
|
|
$ |
12,021 |
|
Trade name |
|
51,461 |
|
|
|
17,346 |
|
|
|
34,115 |
|
|
|
45,961 |
|
|
|
14,935 |
|
|
|
31,026 |
|
Customer relationships |
|
217,110 |
|
|
|
197,237 |
|
|
|
19,873 |
|
|
|
216,869 |
|
|
|
180,962 |
|
|
|
35,907 |
|
Patent portfolio |
|
35,996 |
|
|
|
30,878 |
|
|
|
5,118 |
|
|
|
36,450 |
|
|
|
27,624 |
|
|
|
8,826 |
|
Supplier relationships |
|
5,906 |
|
|
|
4,676 |
|
|
|
1,230 |
|
|
|
5,997 |
|
|
|
3,997 |
|
|
|
2,000 |
|
Total finite-life intangibles |
|
340,785 |
|
|
|
270,588 |
|
|
|
70,197 |
|
|
|
337,189 |
|
|
|
247,409 |
|
|
|
89,780 |
|
Indefinite life trade name |
|
35,430 |
|
|
|
— |
|
|
|
35,430 |
|
|
|
35,430 |
|
|
|
— |
|
|
|
35,430 |
|
Total intangible assets |
$ |
376,215 |
|
|
$ |
270,588 |
|
|
$ |
105,627 |
|
|
$ |
372,619 |
|
|
$ |
247,409 |
|
|
$ |
125,210 |
|
In the year when an identified intangible asset becomes fully amortized, the fully amortized balances from the gross asset and accumulated amortization amounts are removed from the table above. The estimated future amortization expense of intangible assets as of September 30, 2026 is as follows (in thousands):
|
|
|
|
|
|
|
Amounts |
|
|
|
|
|
Remainder of 2026 |
|
$ |
8,889 |
|
2027 |
|
|
26,042 |
|
2028 |
|
|
6,103 |
|
2029 |
|
|
4,421 |
|
2030 |
|
|
4,217 |
|
Thereafter |
|
|
20,525 |
|
Total |
|
$ |
70,197 |
|
|