Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets (Indefinite-Lived)

Intangible assets are classified as follows:

	March 31, 2022				December 31, 2021
(in thousands)	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Finite-lived intangible assets:
Developed software and core technologies	$	983,973	$	(437,282)	$	985,685	$	(422,797)
Customer lists	200,957		(60,700)		203,072		(57,175)
Trade names	182,025		(130,271)		182,554		(128,577)
Total	$	1,366,955	$	(628,253)	$	1,371,311	$	(608,549)
Indefinite-lived intangible asset:
Trade name	$	357			$	357

Intangible Assets (Finite-Lived)

Intangible assets are classified as follows:

	March 31, 2022				December 31, 2021
(in thousands)	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Finite-lived intangible assets:
Developed software and core technologies	$	983,973	$	(437,282)	$	985,685	$	(422,797)
Customer lists	200,957		(60,700)		203,072		(57,175)
Trade names	182,025		(130,271)		182,554		(128,577)
Total	$	1,366,955	$	(628,253)	$	1,371,311	$	(608,549)
Indefinite-lived intangible asset:
Trade name	$	357			$	357

Estimated Future Amortization Expense for Intangible Assets

As of March 31, 2022, estimated future amortization expense for the intangible assets reflected above was as follows:

(in thousands)
Remainder of 2022	$	62,556
2023	88,738
2024	89,805
2025	88,387
2026	86,831
2027	85,813
Thereafter	236,572
Total intangible assets subject to amortization	738,702
Indefinite-lived trade name	357
Other intangible assets, net	$	739,059

Changes in Goodwill

The changes in goodwill during the three months ended March 31, 2022 and 2021 were as follows:

(in thousands)	2022		2021
Beginning balance – January 1	$	3,409,271	$	3,038,306
Acquisitions and adjustments(1)	1,961		8,215
Currency translation	(11,335)		(9,738)
Ending balance – March 31	$	3,399,897	$	3,036,783

(1) In accordance with the accounting for business combinations, we recorded adjustments to goodwill for the effect of changes in the provisional fair values of the assets acquired and liabilities assumed during the measurement period (up to one year from the acquisition date) as we obtained new information about facts and circumstances that existed as of the acquisition date that, if known, would have affected the measurement of the amounts recognized as of that date.