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Capitalized Software Development Costs, Net
6 Months Ended
Jun. 30, 2019
Research And Development [Abstract]  
Capitalized Software Development Costs, Net

(5) Capitalized Software Development Costs, Net

Capitalized software development costs consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

As of  June 30, 2019

 

 

 

Gross

carrying

amount

 

 

Amortization

period

 

Accumulated

amortization

 

 

Net

carrying

amount

 

Capitalized software development costs

 

$

45,832

 

 

3 years

 

$

(31,982

)

 

$

13,850

 

Total capitalized software development costs

 

$

45,832

 

 

 

 

$

(31,982

)

 

$

13,850

 

 

 

 

 

 

 

 

 

 

As of December 31, 2018

 

 

 

Gross

carrying

amount

 

 

Amortization

period

 

Accumulated

amortization

 

 

Net

carrying

amount

 

Capitalized software development costs

 

$

45,677

 

 

3 years

 

$

(32,784

)

 

$

12,893

 

Total capitalized software development costs

 

$

45,677

 

 

 

 

$

(32,784

)

 

$

12,893

 

 

The Company capitalized software development costs of $4.3 million and $4.2 million for the six months ended June 30, 2019 and June 30, 2018, respectively.

Amortization expense for capitalized software development costs was $1.8 million and $1.4 million for the three months ended June 30, 2019 and 2018, respectively. Amortization expense for capitalized software development was $3.3 million and $2.8 million for the six months ended June 30, 2019 and 2018, respectively.  Amortization of capitalized software development costs is classified within cost of revenue in the consolidated statements of operations.

The expected amortization of capitalized software development costs, as of June 30, 2019, for each of the following years is as follows (in thousands):

 

 

 

Amounts

 

2019 (for the remaining six months)

 

$

3,514

 

2020

 

 

4,398

 

2021

 

 

3,915

 

2022

 

 

2,023

 

 

 

$

13,850