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Goodwill and Purchased Intangible Assets
12 Months Ended
Dec. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill and Purchased Intangible Assets

6.

Goodwill and Purchased Intangible Assets:

Goodwill

The changes in the carrying amount of goodwill are as follows:

 

Balance at December 31, 2017, net of accumulated impairment charge of $192,872

 

$

22,495

 

Goodwill acquired during the period

 

 

 

Balance at December 31, 2018

 

 

22,495

 

Goodwill acquired during the period (Note 3)

 

 

284,653

 

Balance at December 31, 2019

 

$

307,148

 

 

 

 

 

 

Purchased Intangible Assets

Purchased intangible assets as of December 31, 2019 and 2018 are as follows:

 

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

Developed technology

 

$

326,726

 

 

$

67,861

 

 

$

258,865

 

Customer and distributor relationships

 

 

69,261

 

 

 

11,078

 

 

 

58,183

 

Trademarks and trade names

 

 

12,461

 

 

 

4,156

 

 

 

8,305

 

Total finite-lived intangible assets

 

 

408,448

 

 

 

83,095

 

 

 

325,353

 

In-process research and development

 

 

46,600

 

 

 

 

 

 

46,600

 

Total identifiable intangible assets

 

$

455,048

 

 

$

83,095

 

 

$

371,953

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

Developed technology

 

$

66,177

 

 

$

59,692

 

 

$

6,485

 

Customer and distributor relationships

 

 

9,560

 

 

 

9,082

 

 

 

478

 

Trademarks and trade names

 

 

4,361

 

 

 

3,876

 

 

 

485

 

Total identifiable intangible assets

 

$

80,098

 

 

$

72,650

 

 

$

7,448

 

 

Intangible asset amortization expense amounted to $10,445, $1,534 and $1,940 for the years ended December 31, 2019, 2018 and 2017, respectively. Assuming no change in the gross carrying value of identifiable intangible assets and estimated lives, estimated amortization expenses are $53,741 for 2020, $48,009 for 2021, $47,610 for 2022, $47,135 for 2023, and $41,450 for 2024.