| Schedule of changes in the carrying amount of goodwill |
Changes in the carrying amount of the Company’s goodwill during the six months ended June 30, 2025 were as follows:
|
|
|
|
|
|
|
|
|
|
|
(U.S. $ in thousands) |
Goodwill as of January 1, 2025 |
|
$ |
99,082 |
|
| Goodwill acquired |
|
651 |
|
Currency translation adjustments |
|
1,836 |
|
Goodwill as of June 30, 2025 |
|
$ |
101,569 |
|
|
| Schedule of other intangible assets |
Other intangible assets consisted of the following:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30, 2025 |
December 31, 2024 |
|
|
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 |
|
$ |
406,465 |
|
$ |
(327,564) |
|
$ |
78,901 |
|
$ |
402,976 |
|
$ |
(318,312) |
|
$ |
84,664 |
|
| Patents |
|
29,048 |
|
(12,588) |
|
16,460 |
|
21,902 |
|
(11,726) |
|
10,176 |
|
| Trademarks and trade names |
|
22,397 |
|
(18,554) |
|
3,843 |
|
22,149 |
|
(17,957) |
|
4,192 |
|
| Customer relationships |
|
103,194 |
|
(96,385) |
|
6,809 |
|
102,560 |
|
(95,339) |
|
7,221 |
|
| Capitalized software development costs |
|
3,292 |
|
(3,292) |
|
— |
|
3,117 |
|
(3,117) |
|
— |
|
|
|
$ |
564,396 |
|
$ |
(458,383) |
|
$ |
106,013 |
|
$ |
552,704 |
|
$ |
(446,451) |
|
$ |
106,253 |
|
|
| Schedule of estimated amortization expense relating to intangible assets |
As of June 30, 2025, the estimated amortization expenses relating to intangible assets for each of the following future periods were as follows:
|
|
|
|
|
|
|
|
|
|
|
Estimated Amortization Expenses |
|
|
(U.S. $ in thousands) |
Remaining 6 months of 2025 |
|
$ |
11,268 |
|
| 2026 |
|
22,490 |
| 2027 |
|
21,572 |
| 2028 |
|
17,336 |
| 2029 |
|
11,760 |
2030 and thereafter |
|
21,587 |
| Total |
|
$ |
106,013 |
|
|