GOODWILL AND OTHER INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS

7. GOODWILL AND OTHER INTANGIBLE ASSETS

Goodwill

(in thousands)	2023		2022
January 1,	$	81,399	$	81,923
Currency translation adjustments	212		(524)
December 31,	$	81,611	$	81,399

Intangibles

Intangible assets are recorded at cost and amortized using the straight-line method over their estimated useful lives:

		December 31, 2023
(in thousands)	Useful Lives	Cost		Accumulated Amortization		Net Book Value (1)
Client-related	4-10 years	$	63,117	$	(60,035)	$	3,082
Technology	2-10 years	68,138		(64,218)		3,920
Other	1-5 years	5,361		(5,361)		—
		$	136,616	$	(129,614)	$	7,002

(1) Included in other long-term assets.

		December 31, 2022
(in thousands)	Useful Lives	Cost		Accumulated Amortization		Net Book Value (1)
Client-related	4-10 years	$	63,076	$	(58,623)	$	4,453
Technology	2-10 years	68,056		(61,621)		6,435
Other	1-5 years	5,361		(5,361)		—
		$	136,493	$	(125,605)	$	10,888

(1) Included in other long-term assets.

Future estimated intangible assets amortization:

(in thousands)	December 31, 2023
2024	$	3,182
2025	2,619
2026	874
2027	327
	$	7,002

Amortization of intangible assets:

(in thousands)	2023		2022		2021
Cost of revenue	$	2,570	$	2,723	$	2,516
Selling and marketing	1,370		1,370		1,471
	$	3,940	$	4,093	$	3,987