| Schedule of changes in the carrying amount of goodwill |
Changes in the carrying amount of the Company’s goodwill during the nine months ended September 30, 2024 were as follows:
|
|
|
|
|
|
|
|
|
|
|
U.S. $ in thousands |
Goodwill as of January 1, 2024 |
|
$ |
100,051 |
|
| Foreign currency translation adjustments |
|
35 |
|
Goodwill as of September 30, 2024 |
|
$ |
100,086 |
|
|
| Schedule of other intangible assets |
Other intangible assets consisted of the following:
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
September 30, 2024 |
December 31, 2023 |
|
|
Carrying Amount, net of Impairment |
Accumulated Amortization |
Net book value |
Carrying Amount, net of Impairment |
Accumulated Amortization |
Net book value |
|
|
U.S. $ in thousands |
| Developed technology |
|
$ |
403,515 |
|
$ |
(314,179) |
|
$ |
89,336 |
|
$ |
403,180 |
|
$ |
(300,780) |
|
$ |
102,400 |
|
| Patents |
|
21,587 |
|
(11,455) |
|
10,132 |
|
19,396 |
|
(10,246) |
|
9,150 |
|
| Trademarks and trade names |
|
22,281 |
|
(17,492) |
|
4,789 |
|
22,286 |
|
(15,936) |
|
6,350 |
|
| Customer relationships |
|
103,015 |
|
(95,389) |
|
7,626 |
|
102,520 |
|
(92,639) |
|
9,881 |
|
| Capitalized software development costs |
|
3,236 |
|
(3,236) |
|
— |
|
4,367 |
|
(4,367) |
|
— |
|
|
|
$ |
553,634 |
|
$ |
(441,751) |
|
$ |
111,883 |
|
$ |
551,749 |
|
$ |
(423,968) |
|
$ |
127,781 |
|
|
| Schedule of estimated amortization expense relating to intangible assets |
As of September 30, 2024, the estimated amortization expenses relating to intangible assets for each of the following future periods were as follows:
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|
|
|
|
|
|
|
|
|
|
Estimated amortization expenses |
|
|
(U.S. $ in thousands) |
Remaining 3 months of 2024 |
|
$ |
5,680 |
|
| 2025 |
|
21,525 |
| 2026 |
|
21,436 |
| 2027 |
|
20,502 |
| 2028 |
|
16,361 |
2029 and thereafter |
|
26,379 |
| Total |
|
$ |
111,883 |
|
|