GOODWILL AND OTHER INTANGIBLES

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLES

GOODWILL AND OTHER INTANGIBLES

The following summarizes the change in goodwill during the nine months ended September 30, 2022 (in thousands):

	North America		International		Total
Carrying amount, December 31, 2021	$	65,535	$	53,291	$	118,826
Goodwill attributable to acquisitions (subject to change)	—		22,148		22,148
Measurement period adjustment to prior year acquisition	(17)		—		(17)
Foreign currency adjustments	(737)		(10,260)		(10,997)
Carrying amount, September 30, 2022	$	64,781	$	65,179	$	129,960

Other intangibles consisted of the following (in thousands):

	September 30, 2022						December 31, 2021
	Gross Carrying Amount		Accum. Amortiz.		Net Carrying Amount		Gross Carrying Amount		Accum. Amortiz.		Net Carrying Amount
Intangible assets subject to amortization:
Customer relationships and other	$	52,857	$	(13,775)	$	39,082	$	47,629	$	(11,145)	$	36,484
Developed technology	18,807		(5,572)		13,235		15,633		(3,218)		12,415
Trade names	1,672		(251)		1,421		223		(166)		57
Intangible assets not subject to amortization:
Trade names	6,697		—		6,697		7,749		—		7,749
Total intangible assets	$	80,033	$	(19,598)	$	60,435	$	71,234	$	(14,529)	$	56,705

Amortization expense was $1.4 million and $1.6 million for the three months ended September 30, 2022 and 2021, respectively. For the nine months ended September 30, 2022 and 2021 the amortization expense was $5.4 million and $4.6 million, respectively. During the three months ended September 30, 2022, the Company impaired customer relationship and trade name intangible assets as a result of entity rationalization due to acquisition activity. Impairment expense of $0.2 million was recorded to Sales and marketing within operating expenses.

The remaining weighted-average amortization period for intangible assets is approximately 7.8 years.

Estimated amortization expense related to intangibles for each of the five years from 2022 (remaining) through 2026 and thereafter is as follows (in thousands):

Year Ending December 31,
2022 (remaining)	$	2,133
2023	7,987
2024	7,405
2025	7,365
2026	7,005
Thereafter	21,843
Total amortization related to finite-lived intangible assets	$	53,738
Intangible assets not subject to amortization	6,697
Net intangible assets	$	60,435