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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2022
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Schedule of Intangible Assets

Intangible assets at December 31 were as follows:

December 31, 2022

 

Intangible Assets

 

Useful life

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Currency Exchange

 

 

Net

 

Amortized intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Patents

 

5-15 years

 

$

16,040

 

 

$

(15,437

)

 

$

(234

)

 

$

369

 

Developed product technology

 

2-10 years

 

 

169,499

 

 

 

(111,639

)

 

 

(6,176

)

 

 

51,684

 

Customer relationships

 

7-12 years

 

 

62,465

 

 

 

(42,784

)

 

 

(1,672

)

 

 

18,009

 

Software license and other

 

3-4 years

 

 

2,743

 

 

 

(2,677

)

 

 

(59

)

 

 

7

 

Total amortized intangible assets

 

 

 

 

250,747

 

 

 

(172,537

)

 

 

(8,141

)

 

 

70,069

 

Intangible assets with indefinite lives

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In process research and development

 

Indefinite

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Trademarks and trade names

 

Indefinite

 

 

10,303

 

 

 

-

 

 

 

(1,235

)

 

 

9,068

 

Total Intangible assets with indefinite lives

 

 

 

 

10,303

 

 

 

-

 

 

 

(1,235

)

 

 

9,068

 

Total intangible assets

 

 

 

$

261,050

 

 

$

(172,537

)

 

$

(9,376

)

 

$

79,137

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2021

 

Intangible Assets

 

Useful life

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Currency Exchange

 

 

Net

 

Amortized intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Patents

 

5-15 years

 

$

16,040

 

 

$

(15,242

)

 

$

(97

)

 

$

701

 

Developed product technology

 

2-10 years

 

 

166,819

 

 

 

(100,248

)

 

 

(5,736

)

 

 

60,835

 

Customer relationships

 

7-12 years

 

 

62,093

 

 

 

(38,760

)

 

 

(1,688

)

 

 

21,645

 

Software license and other

 

3-4 years

 

 

2,743

 

 

 

(2,677

)

 

 

(61

)

 

 

5

 

Total amortized intangible assets

 

 

 

 

247,695

 

 

 

(156,927

)

 

 

(7,582

)

 

 

83,186

 

Intangible assets with indefinite lives

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In process research and development

 

Indefinite

 

 

2,061

 

 

 

-

 

 

 

-

 

 

 

2,061

 

Trademarks and trade names

 

Indefinite

 

 

10,303

 

 

 

-

 

 

 

(1,000

)

 

 

9,303

 

Total Intangible assets with indefinite lives

 

 

 

 

12,364

 

 

 

-

 

 

 

(1,000

)

 

 

11,364

 

Total intangible assets

 

 

 

$

260,059

 

 

$

(156,927

)

 

$

(8,582

)

 

$

94,550

 

Schedule of Expected Amortization Expense The schedule below sets future amortization expense of our currently owned intangible assets:

 

2023

 

$

15,201

 

2024

 

 

14,901

 

2025

 

 

13,907

 

2026

 

 

12,358

 

2027

 

 

11,351

 

2028 and thereafter

 

 

2,351

 

Total

 

$

70,069