Company: ALGN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001097149-25-000064
Chunk: 137

Company: ALIGN TECHNOLOGY INC
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 8
Chunk 137
---
 change in the carrying value of goodwill for the six months ended June 30, 2025, categorized by reportable segment, is as follows (in thousands):Clear AlignerSystems and ServicesTotalBalance as of December 31, 2024$152,645 $289,985 $442,630 Foreign currency translation adjustments 11,401 37,041 48,442 Balance as of June 30, 2025$164,046 $327,026 $491,072 Finite-Lived Intangible Assets Acquired finite-lived intangible assets, excluding intangibles that were fully amortized, are as follows (in thousands): Weighted Average Amortization Period (in years)Gross Carrying Amount as of June 30, 2025AccumulatedAmortizationAccumulatedImpairment LossNet Carrying Value as of June 30, 2025Existing technology11$146,651 $(59,715)$— $86,936 Customer relationships1021,500 (11,287)— 10,213 Trademarks and tradenames179,800 (7,350)— 2,450 Patents 12480 (300)— 180 $178,431 $(78,652)$— 99,779 Foreign currency translation adjustments3,706 Total intangible assets, net$103,485 1 The Weighted Average Amortization Period decreased from 10 years to 7 years due to an intangible asset with a useful life of 15 years becoming fully amortized during the first quarter of 2025.Weighted Average Amortization Period (in years)Gross CarryingAmount as of December 31, 2024AccumulatedAmortizationAccumulated Impairment LossNet CarryingValue as ofDecember 31, 2024Existing technology11$146,651 $(52,238)$— $94,413 Customer relationships1021,500 (10,079)— 11,421 Trademarks and tradenames1016,600 (9,255)(4,122)3,223 Patents12480 (280)— 200 $185,231 $(71,852)$(4,122)109,257 Foreign currency translation adjustments(5,769)Total intangible assets, net$103,488 

16 

The total estimated future amortization expense for