Intangible Assets |
Intangible Assets Amortized intangible assets consisted of the following (in thousands): | | | | | | | | | | | | | | | | | | | Gross Carrying Value | | Accumulated Amortization | | Net Carrying Value | | | | | | | Customer relationships | $ | 75,370 | | | $ | (9,675) | | | $ | 65,695 | | Completed technologies | 61,521 | | | (25,319) | | | 36,202 | | Trademarks | 880 | | | (293) | | | 587 | | Non-compete agreements | 340 | | | (274) | | | 66 | | Balance as of September 29, 2024 | $ | 138,111 | | | $ | (35,561) | | | $ | 102,550 | | | | | | | | | Gross Carrying Value | | Accumulated Amortization | | Net Carrying Value | | | | | | | Customer relationships | $ | 75,965 | | | $ | (5,352) | | | $ | 70,613 | | Completed technologies | 62,123 | | | (20,745) | | | 41,378 | | Trademarks | 903 | | | (50) | | | 853 | | Non-compete agreements | 340 | | | (232) | | | 108 | | Balance as of December 31, 2023 | $ | 139,331 | | | $ | (26,379) | | | $ | 112,952 | |
As of September 29, 2024, estimated future amortization expense related to intangible assets was as follows (in thousands): | | | | | | | | | Year Ended December 31, | | Amount | Remainder of fiscal 2024 | | $ | 2,623 | | 2025 | | 10,267 | | 2026 | | 9,955 | | 2027 | | 8,976 | | 2028 | | 8,246 | | 2029 | | 8,246 | | Thereafter | | 54,237 | | | | $ | 102,550 | |
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