Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2022

Changes in Carrying Value of Goodwill

The following table represents the change in the carrying value of goodwill for the six months ended June 30, 2022 (amounts in thousands):

Balance as of December 31, 2021	$	860,362
Measurement period adjustment - BioFlex		(376	)
Measurement period adjustment - Avitide		(1,784	)
Cumulative translation adjustment		(3,874	)
Balance as of June 30, 2022	$	854,328

Intangible assets

Intangible assets, net consisted of the following at June 30, 2022:

	June 30, 2022
	Gross Carrying Value		Accumulated Amortization			Net Carrying Value		Weighted Average Useful Life (in years)
	(Amounts in thousands)
Finite-lived intangible assets:
Technology - developed	$	145,304	$	(25,862	)	$	119,442		17
Patents		240		(240	)		—		8
Customer relationships		253,221		(58,709	)		194,512		15
Trademarks		7,675		(1,096	)		6,579		19
Other intangibles		2,801		(1,826	)		975		4
Total finite-lived intangible assets		409,241		(87,733	)		321,508		16
Indefinite-lived intangible asset:
Trademarks		700		—			700		—
Total intangible assets	$	409,941	$	(87,733	)	$	322,208

Intangible assets consisted of the following at December 31, 2021:

	December 31, 2021
	Gross Carrying Value		Accumulated Amortization			Net Carrying Value		Weighted Average Useful Life (in years)
	(Amounts in thousands)
Finite-lived intangible assets:
Technology - developed	$	146,097	$	(21,553	)	$	124,544		17
Patents		240		(240	)		—		8
Customer relationships		254,699		(50,719	)		203,980		15
Trademarks		7,699		(877	)		6,822		19
Other intangibles		2,839		(1,611	)		1,228		4
Total finite-lived intangible assets		411,574		(75,000	)		336,574		16
Indefinite-lived intangible asset:
Trademarks		700		—			700		—
Total intangible assets	$	412,274	$	(75,000	)	$	337,274

Schedule of Amortization Expense for Amortized Intangible Assets

As of June 30, 2022, the Company expects to record the following amortization expense in future periods (amounts in thousands):

	Estimated
	Amortization
For the Years Ended December 31,	Expense
2022 (remaining six months)	$	13,182
2023		26,246
2024		25,661
2025		25,322
2026		25,322
2027 and thereafter		205,775
Total	$	321,508