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Purchased Intangible Assets
9 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Purchased Intangible Assets

NOTE 5. Purchased Intangible Assets

Intangible Assets

Purchased intangible assets as of September 30, 2023 and December 31, 2022 are as follows:

 

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net

 

September 30, 2023

 

 

 

 

 

 

 

 

 

Finite-lived intangibles:

 

 

 

 

 

 

 

 

 

Developed technology

 

$

378,197

 

 

$

242,453

 

 

$

135,744

 

Customer and distributor relationships

 

 

73,321

 

 

 

33,636

 

 

 

39,685

 

Trademarks and trade names

 

 

14,171

 

 

 

8,876

 

 

 

5,295

 

Total identifiable intangible assets

 

$

465,689

 

 

$

284,965

 

 

$

180,724

 

December 31, 2022

 

 

 

 

 

 

 

 

 

Finite-lived intangibles:

 

 

 

 

 

 

 

 

 

Developed technology

 

$

378,197

 

 

$

205,386

 

 

$

172,811

 

Customer and distributor relationships

 

 

73,321

 

 

 

30,195

 

 

 

43,126

 

Trademarks and trade names

 

 

14,171

 

 

 

7,911

 

 

 

6,260

 

Total identifiable intangible assets

 

$

465,689

 

 

$

243,492

 

 

$

222,197

 

Assuming no change in the gross carrying value of identifiable intangible assets and estimated lives, future estimated amortization expenses are:
 

 

Expected Amortization

 

Fiscal Year:

Expense

 

2023 (remainder)

$

13,350

 

2024

 

49,137

 

2025

 

32,587

 

2026

 

31,394

 

2027

 

23,173

 

2028

 

12,288

 

Thereafter

 

18,795

 

Total

$

180,724