v3.25.0.1
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets (Finite-Lived)
Intangible assets are classified as follows:
 December 31, 2024December 31, 2023
(in thousands)Gross
Carrying
Amount		Accumulated
Amortization		Gross
Carrying
Amount		Accumulated
Amortization
Finite-lived intangible assets:
Developed software and core technologies
$1,142,840 $(635,450)$1,146,022 $(557,359)
Customer lists261,895 (91,769)289,874 (89,800)
Trade names189,017 (150,646)190,203 (143,880)
Total$1,593,752 $(877,865)$1,626,099 $(791,039)
Indefinite-lived intangible asset:
Trade name$357 $357 
Intangible Assets (Indefinite-Lived)
Intangible assets are classified as follows:
 December 31, 2024December 31, 2023
(in thousands)Gross
Carrying
Amount		Accumulated
Amortization		Gross
Carrying
Amount		Accumulated
Amortization
Finite-lived intangible assets:
Developed software and core technologies
$1,142,840 $(635,450)$1,146,022 $(557,359)
Customer lists261,895 (91,769)289,874 (89,800)
Trade names189,017 (150,646)190,203 (143,880)
Total$1,593,752 $(877,865)$1,626,099 $(791,039)
Indefinite-lived intangible asset:
Trade name$357 $357 
Estimated Future Amortization Expense for Intangible Assets
As of December 31, 2024, estimated future amortization expense for the intangible assets reflected above is as follows:
(in thousands) 
2025$114,392 
2026115,188 
2027118,417 
2028112,188 
202998,453 
Thereafter157,249 
Total intangible assets subject to amortization, net715,887 
Indefinite-lived trade name357 
Other intangible assets, net$716,244 
Changes in Goodwill
The changes in goodwill during the years ended December 31, 2024 and 2023 were as follows:
(in thousands)20242023
Beginning balance - January 1$3,805,874 $3,658,267 
Acquisitions and adjustments(1)
868 122,635 
Currency translation(28,614)24,972 
Ending balance - December 31
$3,778,128 $3,805,874 
(1) In addition to goodwill from acquisitions completed within the period, in accordance with the accounting for business combinations, we recorded adjustments to goodwill for the effect of changes in the provisional fair values of the assets acquired and liabilities assumed during the measurement period (up to one year from the acquisition date) as we obtained new information about facts and circumstances that existed as of the acquisition date that, if known, would have affected the measurement of the amounts recognized as of that date. Such adjustments are not material to our consolidated financial statements.