XML 35 R24.htm IDEA: XBRL DOCUMENT v3.7.0.1
Goodwill and Acquired Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The change in the carrying amount of goodwill for the six months ended June 30, 2017 was as follows (in thousands):

Balance as of January 1, 2017
$
1,228,503

Acquisition of Soasta, Inc.
121,669

Measurement period adjustments
(90
)
Foreign currency translation
6,541

Balance as of June 30, 2017
$
1,356,623

Schedule of Acquired Intangible Assets
Acquired intangible assets that are subject to amortization consisted of the following as of June 30, 2017 and December 31, 2016 (in thousands):

 
June 30, 2017
 
December 31, 2016
 
Gross
Carrying
Amount
 
Accumulated Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
Completed technology
$
137,891

 
$
(57,780
)
 
$
80,111

 
$
119,091

 
$
(50,823
)
 
$
68,268

Customer-related intangible assets
221,010

 
(121,523
)
 
99,487

 
192,810

 
(114,209
)
 
78,601

Non-compete agreements
4,510

 
(3,533
)
 
977

 
5,030

 
(3,775
)
 
1,255

Trademarks and trade names
6,100

 
(2,634
)
 
3,466

 
3,700

 
(2,361
)
 
1,339

Acquired license rights
490

 
(490
)
 

 
490

 
(490
)
 

Total
$
370,001

 
$
(185,960
)
 
$
184,041

 
$
321,121

 
$
(171,658
)
 
$
149,463

The following were the identified intangible assets acquired and their respective weighted average useful lives (in thousands, except years):

 
Gross Carrying Amount
 
Weighted Average Useful Life (in years)
Completed technologies
$
18,800

 
4.1
Customer-related intangible assets
28,200

 
4.6
Trademarks
2,400

 
4.9
Non-compete agreements
500

 
1.9
Total
$
49,900