Goodwill and Intangible Assets

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

The changes in the carrying amount of goodwill for the periods presented are as follows:


	Business		Consumer		Total
	(In thousands)
Balance as of December 31, 2020	$	87,168	$	8,024	$	95,192
Adjustments to goodwill:
Acquisitions	198,205		—		198,205
Foreign exchange adjustments	(2,182)		—		(2,182)
Balance as of December 31, 2021	$	283,191	$	8,024	$	291,215

The total accumulated goodwill impairment charges are $23.5 million through December 31, 2021. No impairment was recognized for the years ended December 31, 2021, 2020, and 2019.

Intangible Assets

Intangible assets are summarized as follows (for details about the intangible assets acquired see Note 9 – Acquisitions):


	December 31, 2021
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Weighted Average Amortization Period
	(In thousands)
Amortizing intangible assets:
Technology	$	90,626	$	(30,757)	$	59,869	5.1 years
Customer relationships	32,162		(15,164)		16,998		10.0 years
Patents	7,988		(1,137)		6,851		11.8 years
Trademarks	1,474		(135)		1,339		5.0 years
Trade names	460		(43)		417		2.1 years
Other	314		(234)		80		2.2 years
Total	$	133,024	$	(47,470)	$	85,554


	December 31, 2020
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Weighted Average Amortization Period
	(In thousands)
Amortizing intangible assets:
Technology	$	30,499	$	(26,818)	$	3,681	5.4 years
Customer relationships	16,981		(13,982)		2,999		8.4 years
Patents	5,076		(908)		4,168		12.5 years
Other	314		(235)		79		2.2 years
Total	$	52,870	$	(41,943)	$	10,927

Amortization expense is calculated over the estimated useful life of the asset. Aggregate amortization expense for intangible assets was $5.6 million, $2.8 million, and $2.9 million for the years ended December 31, 2021, 2020, and 2019, respectively. For the years ended December 31, 2021, 2020, and 2019, a portion of this amortization is included in cost of revenue. Estimated amortization expense for the next five years is as follows:


	Estimated Amortization Expense
	(In thousands)
2022	$	16,446
2023	15,162
2024	14,980
2025	14,579
2026	11,570
Thereafter	12,817
Total	$	85,554