Goodwill and Purchased Intangibles |
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Goodwill and Purchased Intangibles [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Goodwill and Purchased Intangibles |
3. Goodwill and Purchased Intangibles
Goodwill
The carrying value of goodwill at March 31, 2021 and December 31, 2020 was $496,352.
The following table presents details of our purchased intangible assets as of March 31, 2021 and December 31, 2020:
Intangible assets
The intangible assets are being amortized on a straight-line basis over their estimated useful lives of one to twenty years.
Amortization expense for intangible assets was $36,004 and $37,677 for the three months ended March 31, 2021 and 2020, respectively.
The estimated future amortization expense of our intangible assets as of March 31, 2021 is as follows:
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