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Capitalized Software Development Costs
12 Months Ended
Dec. 31, 2019
Research And Development [Abstract]  
Capitalized Software Development Costs

(5) Capitalized Software Development Costs

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

 

 

 

 

 

 

 

 

 

As of December 31, 2019

 

 

 

Gross

carrying

amount

 

 

Amortization

period

 

Accumulated

amortization

 

 

Net

carrying

amount

 

Capitalized software development costs

 

$

49,909

 

 

3 years

 

$

(35,622

)

 

$

14,287

 

Total capitalized software development costs

 

$

49,909

 

 

 

 

$

(35,622

)

 

$

14,287

 

 

 

 

 

 

 

 

 

 

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 $8.8 million, $8.8 million and $6.2 million during the years ended December 31, 2019, 2018 and 2017, respectively.

 

Amortized expense for capitalized software development costs was $7.0 million, $5.9 million and $5.0 million during the years ended December 31, 2019, 2018 and 2017, respectively. Amortization of capitalized software development costs is classified within cost of revenue in the consolidated statements of operations and comprehensive loss. During the year ended December 31, 2019, the Company retired $4.6 million of fully amortized capitalized software development costs.

The expected amortization, as of December 31, 2019, for each of the next three years is as follows (in thousands):

 

 

 

2020

 

$

7,069

 

2021

 

 

4,573

 

2022

 

 

2,645

 

 

 

$

14,287