Report of foreign issuer [Rules 13a-16 and 15d-16]

Goodwill and Other Intangible Assets

v3.26.1
Goodwill and Other Intangible Assets
 6 Months Ended
Jun. 30, 2026
Disclosure Text Block Supplement [Abstract]  
Intangible Asset and Goodwill
Note 6. Goodwill and Other Intangible Assets
 Goodwill
Changes in the carrying amount of the Company’s goodwill during the six months ended June 30, 2026 were as follows:
(U.S. $ in thousands)
Goodwill as of January 1, 2026
 $ 101,599 
Measurement period adjustments
 (659)
Currency translation adjustments
 (316)
Goodwill as of June 30, 2026
 $ 100,624 
Other Intangible Assets
Other intangible assets consisted of the following:
June 30, 2026 December 31, 2025
Carrying Amount, net of Impairment Accumulated Amortization Net book value   Carrying Amount, net of Impairment Accumulated Amortization Net book value
(U.S. $ in thousands) (U.S. $ in thousands)
Developed technology $ 406,388  $ (345,555) $ 60,833  $ 406,606  $ (336,621) $ 69,985 
Patents 31,260  (15,000) 16,260  30,028  (13,717) 16,311 
Trademarks and trade names 22,366  (19,537) 2,829  22,406  (19,062) 3,344 
Customer relationships 102,912  (97,341) 5,571  103,084  (96,882) 6,202 
$ 562,926  $ (477,433) $ 85,493  $ 562,124  $ (466,282) $ 95,842 
Amortization expenses relating to intangible assets for the three-month periods ended June 30, 2026 and 2025 were approximately $5.8 million and $5.4 million, respectively. Amortization expenses relating to intangible assets for the six-month periods ended June 30, 2026 and 2025 were approximately $11.5 million and $10.9 million, respectively.
As of June 30, 2026, 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 2026
 $ 11,393 
2027 21,888 
2028 17,683 
2029 11,933 
2030 11,300 
2031 and thereafter
 11,296 
Total $ 85,493