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Goodwill and Intangible Assets, Net (Tables)
6 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in goodwill by reportable segment are outlined below (in thousands):
Alarm.comOtherTotal
Balance as of January 1, 2021
$112,838 $— $112,838 
Goodwill acquired— — — 
Measurement period adjustment63 — 63 
Balance as of June 30, 2021$112,901 $— $112,901 
Schedule of Intangible Assets
The following table reflects changes in the net carrying amount of the components of intangible assets (in thousands):
Customer
Relationships
Developed
Technology
Trade NameTotal
Balance as of January 1, 2021
$72,670 $28,223 $2,366 $103,259 
Amortization(6,579)(1,671)(272)(8,522)
Balance as of June 30, 2021$66,091 $26,552 $2,094 $94,737 
The following tables reflect the weighted average remaining life and carrying value of finite-lived intangible assets (in thousands, except weighted-average remaining life):
 June 30, 2021
 Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Value
Weighted-
Average
Remaining Life
(in years)
Customer relationships$126,093 $(60,002)$66,091 8.4
Developed technology44,064 (17,512)26,552 6.9
Trade name3,815 (1,721)2,094 3.6
Other234 (234)— 0.0
Total intangible assets$174,206 $(79,469)$94,737 
 December 31, 2020
 Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Value
Weighted-
Average
Remaining Life
(in years)
Customer relationships$126,093 $(53,423)$72,670 8.8
Developed technology44,064 (15,841)28,223 7.3
Trade name3,815 (1,449)2,366 4.0
Other234 (234)— 0.0
Total intangible assets$174,206 $(70,947)$103,259