Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill [Table Text Block]

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

	Total
Balance as of January 1, 2023	$	1,449,258
Currency translation	15,220
Balance as of June 30, 2023	$	1,464,478

Schedule of Intangible Assets and Goodwill [Table Text Block]

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

	Weighted-Average Amortization Life in Years	June 30, 2023
		Cost		Accumulated Amortization		Net
Patents	10	$	31,434	$	19,588	$	11,846
Customer contracts	12	9,975		6,586		3,389
Non-contractual customer relationships	8	552,419		136,133		416,286
Trademarks	1	5,425		5,425		—
Trade name	15	18,248		6,555		11,693
Developed technology	10	587,123		138,278		448,845
Non-compete	3	9,100		6,350		2,750
Total amortized intangible assets		$	1,213,724	$	318,915	$	894,809
Internally developed software*		$	35,021			$	35,021
Total intangible assets		$	1,248,745	$	318,915	$	929,830

______________________________

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

	Weighted-Average Amortization Life in Years	December 31, 2022
		Cost		Accumulated Amortization		Net
Patents	10	$	29,998	$	18,610	$	11,388
Customer contracts	12	10,026		6,443		3,583
Non-contractual customer relationships	8	546,935		101,556		445,379
Trademarks	1	5,425		5,425		—
Trade name	15	18,251		5,959		12,292
Developed technology	10	583,176		108,708		474,468
Non-compete	3	9,100		5,250		3,850
Total amortized intangible assets		$	1,202,911	$	251,951	$	950,960
Internally developed software*		$	31,806			$	31,806
Total intangible assets		$	1,234,717	$	251,951	$	982,766

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

As of June 30, 2023 estimated annual amortization for our intangible assets for each of the next five years is approximately (in thousands):

Remainder of 2023	$	66,435
2024	132,106
2025	124,565
2026	123,879
2027	117,818
2028	109,154
Thereafter	220,852
Total	$	894,809