v3.24.2.u1
Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in carrying amount of goodwill The change in the carrying amount of goodwill for the six-month period ended June 30, 2024 is detailed as follows (in thousands):

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​

​

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2024

Goodwill balance at January 1

​

$

382,240

Effect of foreign exchange

​

 

(807)

Goodwill balance at June 30

​

$

381,433

Other intangible assets

Other intangible assets at June 30, 2024 and December 31, 2023 consisted of the following (in thousands):

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​

​

​

​

​

​

​

​

​

​

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June 30, 2024

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​

Gross Carrying

​

Accumulated

​

Net Carrying

​

    

Amount

    

Amortization

    

Amount

Patents

​

$

30,163

​

$

(11,876)

​

$

18,287

Distribution agreements

​

 

3,250

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(2,956)

​

 

294

License agreements

​

 

11,094

​

 

(8,759)

​

 

2,335

Trademarks

​

 

35,123

​

 

(22,343)

​

 

12,780

Customer lists

​

 

40,225

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(34,694)

​

 

5,531

Total

​

$

119,855

​

$

(80,628)

​

$

39,227

​

​

​

​

​

​

​

​

​

​

​

​

​

December 31, 2023

​

​

Gross Carrying

​

Accumulated

​

Net Carrying

​

    

Amount

    

Amortization

    

Amount

Patents

​

$

28,877

​

$

(10,916)

​

$

17,961

Distribution agreements

​

 

3,250

​

 

(2,919)

​

 

331

License agreements

​

 

11,142

​

 

(8,327)

​

 

2,815

Trademarks

​

 

35,135

​

 

(20,804)

​

 

14,331

Customer lists

​

 

40,367

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(33,921)

​

 

6,446

Total

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$

118,771

​

$

(76,887)

​

$

41,884

Estimated amortization expense

Estimated amortization expense for developed technology and other intangible assets for the next five years consisted of the following as of June 30, 2024 (in thousands):

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Estimated Amortization Expense

Remaining 2024

​

$

31,367

2025

​

 

60,826

2026

​

 

49,776

2027

​

​

46,440

2028

​

 

45,024

​