XML 40 R27.htm IDEA: XBRL DOCUMENT v3.22.1
GOODWILL AND OTHER INTANGIBLES (Tables)
3 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in carrying amount of goodwill Change in goodwill:
Three Months Ended
March 31,
(in thousands)
2022
January 1,$81,923 
Acquisition— 
Currency translation adjustments108 
March 31,$82,031 
Schedule of amortizable intangible assets
Intangible assets are recorded at cost and amortized using the straight-line method over their estimated useful lives.
March 31, 2022
(in thousands)Useful LivesCostAccumulated Amortization
Net Book Value (1)
Client-related
4-10 years
$63,142 $(57,662)$5,480 
Technology
2-10 years
67,142 (59,531)7,611 
Other
1-5 years
5,361 (5,361)— 
$135,645 $(122,554)$13,091 
(1) Included in other long-term assets.
December 31, 2021
(in thousands)Useful LivesCostAccumulated Amortization
Net Book Value (1)
Client-related
4-10 years
$63,165 $(57,342)$5,823 
Technology
2-10 years
67,142 (58,902)8,240 
Other
1-5 years
5,361 (5,361)— 
$135,668 $(121,605)$14,063 
(1) Included in other long-term assets.
Amortization expense of acquired intangibles
Amortization of intangible assets:
Three Months Ended
March 31,
(in thousands)20222021
Cost of revenue
$629 $629 
Selling and marketing
343 373 
$972 $1,002 
Estimated future amortization expense related to intangible assets Future estimated intangibles assets amortization:
(in thousands)
March 31, 2022
Remainder of 2022$2,914 
20233,618 
20242,849 
20252,509 
2026874 
2027327 
$13,091