XML 39 R27.htm IDEA: XBRL DOCUMENT v3.22.2
GOODWILL AND OTHER INTANGIBLES (Tables)
6 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in carrying amount of goodwill Change in goodwill:
Six Months Ended
June 30,
(in thousands)
20222021
January 1,$81,923 $79,231 
Acquisition— 2,701 
Currency translation adjustments(206)241 
June 30,$81,717 $82,173 
Schedule of amortizable intangible assets
Intangible assets are recorded at cost and amortized using the straight-line method over their estimated useful lives.
June 30, 2022
(in thousands)Useful LivesCostAccumulated Amortization
Net Book Value (1)
Client-related
4-10 years
$63,082 $(57,944)$5,138 
Technology
2-10 years
68,064 (60,211)7,853 
Other
1-5 years
5,361 (5,361)— 
$136,507 $(123,516)$12,991 
(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
June 30,
Six Months Ended
June 30,
(in thousands)2022202120222021
Cost of revenue
$683 $629 $1,312 $1,258 
Selling and marketing
342 373 685 746 
$1,025 $1,002 $1,997 $2,004 
Estimated future amortization expense related to intangible assets Future estimated intangibles assets amortization:
(in thousands)
June 30, 2022
Remainder of 2022$2,098 
20233,925 
20243,156 
20252,611 
2026874 
2027327 
$12,991