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GOODWILL AND OTHER INTANGIBLE ASSETS
 3 Months Ended
Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS
GOODWILL AND OTHER INTANGIBLE ASSETS
Goodwill
The change in the carrying amount of goodwill was:
(in thousands)
Three Months Ended
March 31,
2019
Balance as of January 1,
$
72,858

Currency translation adjustments
40

Balance as of March 31,
$
72,898


Intangibles
Intangible assets are recorded at cost and amortized using the straight-line method over their estimated useful lives as follows:
 
 
 
March 31, 2019
(in thousands)
Useful Lives
 
Cost
 
Accumulated
Amortization
 
Net Book Value (1)
Client-related intangibles
4-10 years
 
$
63,136

 
$
(52,839
)
 
$
10,297

Technology
2-10 years
 
59,742

 
(51,730
)
 
8,012

Other
1 - 5 years
 
5,361

 
(5,361
)
 
—

 
 
 
$
128,239

 
$
(109,930
)
 
$
18,309

(1) Included in other long-term assets.
 
 
 
December 31, 2018
(in thousands)
Useful Lives
 
Cost
 
Accumulated Amortization
 
Net Book Value (1)
Client-related intangibles
4-10 years
 
$
63,115

 
$
(51,224
)
 
$
11,891

Technology
2-10 years
 
59,742

 
(50,398
)
 
9,344

Other
1 - 5 years
 
5,361

 
(5,361
)
 
—

 
 
 
$
128,218

 
$
(106,983
)
 
$
21,235

(1) Included in other long-term assets.
Amortization of intangible assets was:
(in thousands)
Three Months Ended  
March 31,
2019
 
2018
Cost of revenue
$
1,332

 
$
1,232

Selling and marketing
1,603

 
1,605

 
$
2,935

 
$
2,837