GOODWILL AND INTANGIBLE ASSETS

6 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

The Company’s goodwill as of June 30, 2022 and December 31, 2021 are as follows:


Goodwill	June 30, 2022		December 31, 2021
	(In thousands)
Goodwill, beginning of period	$	181,254	$	24,783
Goodwill acquired	16,378		156,390
Currency translation adjustment	(628)		81
Goodwill, end of period	$	197,004	$	181,254

The Company’s purchased intangible assets as of June 30, 2022 and December 31, 2021 are as follows:


	June 30, 2022								December 31, 2021
	Gross		Additions		Accumulated Amortization		Net		Gross		Additions		Accumulated Amortization		Net

	(In thousands)


Intangible assets:
Other indefinite-lived intangibles	$	286	$	—	$	—	$	286	$	286	$	—	$	—	$	286

Intangible assets with finite lives:

Developed technology	38,650		3,600		(12,834)		29,416		13,100		25,550		(8,958)		29,692
Customer relationships	41,021		7,600		(15,273)		33,348		26,421		14,600		(11,448)		29,573
Trade names	37,700		—		(3,863)		33,837		—		37,700		(93)		37,607
Order backlog	600		—		(600)		—		—		600		—		600
Total purchased intangible assets	$	118,257	$	11,200	$	(32,570)	$	96,887	$	39,807	$	78,450	$	(20,499)	$	97,758

Amortization expense related to finite-lived intangible assets are as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021

	(In thousands)
Developed technology	$	2,010	$	891	$	3,876	$	1,690
Customer relationships	2,067		1,532		3,825		2,462
Trade names	1,885		85		3,770		147
Order backlog	323		—		600		—
Total amortization expense	$	6,285	$	2,508	$	12,071	$	4,299

Amortization of developed technology is recorded to cost of sales and customer relationships and trade names is recorded to sales and marketing expense.

The expected future amortization expense of intangible assets as of June 30, 2022 is presented below (in thousands):


	June 30, 2022

Fiscal year:
2022 (remaining six months)	$	11,926
2023	24,096
2024	21,299
2025	19,984
2026	16,425
Thereafter	2,871
Total	$	96,601