Goodwill and Intangible Assets (Notes)

3 Months Ended

Mar. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets Disclosure [Text Block]

Goodwill and Intangible Assets, Net

Goodwill

    The following table presents the changes in the carrying amount of our goodwill (in thousands):

	Total
Balance as of January 1, 2021	$	33,001
Currency translation	(49)
Balance as of March 31, 2021	$	32,952

Intangible Assets, Net

    Intangible assets, carried at cost less accumulated amortization and amortized on a straight-lined basis, were as follows (in thousands):

	Weighted Average	March 31, 2021
	Amortization Life in Years	Cost		Accumulated Amortization		Net
Patents	10	$	25,423	$	15,466	$	9,957
Customer contracts	12	10,310		5,929		4,381
Non-contractual customer relationships	9	57,748		28,233		29,515
Trademarks	4	425		425		—
Trade name	15	18,268		3,808		14,460
Developed technology	13	152,893		40,062		112,831
Non-compete	3	2,500		1,181		1,319
Total amortized intangible assets		$	267,567	$	95,104	$	172,463
Internally developed software*		$	20,611			$	20,611
Total intangible assets		$	288,178	$	95,104	$	193,074

______________________________

* Internally developed software will be amortized when the projects are complete and the assets are ready for their intended use.

	Weighted Average	December 31, 2020
	Amortization Life in Years	Cost		Accumulated Amortization		Net
Patents	10	$	24,797	$	15,056	$	9,741
Customer contracts	12	10,365		5,852		4,513
Non-contractual customer relationships	9	58,061		26,711		31,350
Trademarks	4	425		425		—
Trade name	15	18,270		3,500		14,770
Developed technology	13	152,893		36,927		115,966
Non-compete	3	2,500		972		1,528
Total amortized intangible assets		$	267,311	$	89,443	$	177,868
Internally developed software*		$	19,363			$	19,363
Total intangible assets		$	286,674	$	89,443	$	197,231

______________________________

* Internally developed software will be amortized when the projects are complete and the assets are ready for their intended use.

Intangible assets with definite lives are amortized on a straight-line basis over their estimated useful lives. During the three months ended March 31, 2021 and 2020, respectively, intangible asset amortization expense was $5.8 million and $5.8 million, respectively.

As of March 31, 2021 estimated annual amortization for our intangible assets for each of the next five years is approximately (in thousands):

Remainder of 2021	$	17,807
2022	22,806
2023	21,783
2024	21,694
2025	15,980
2026	15,116
Thereafter	57,277
Total	$	172,463