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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Activity in Goodwill by Segment

The following table summarizes the activity in the carrying value of goodwill by reportable segment for the three and six months ended June 30, 2021 and 2020 (in thousands): 

 

 

 

Ecommerce

 

 

Wholesale

 

 

TDA

 

 

Total

 

Balance as of December 31, 2019

 

$

72,231

 

 

$

1,720

 

 

$

4,221

 

 

$

78,172

 

Change in carrying amount

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of June 30, 2020

 

$

72,231

 

 

$

1,720

 

 

$

4,221

 

 

$

78,172

 

Balance as of December 31, 2020

 

$

72,231

 

 

$

1,720

 

 

$

4,221

 

 

$

78,172

 

Acquisition

 

 

81,134

 

 

 

 

 

 

 

 

 

81,134

 

Balance as of June 30, 2021

 

$

153,365

 

 

$

1,720

 

 

$

4,221

 

 

$

159,306

 

Schedule of Intangible Assets, Net

Intangible Assets

Intangibles assets, net consisted of the following (in thousands):

 

 

 

June 30,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Developed Technology

 

$

25,700

 

 

$

 

Trademarks

 

 

5,240

 

 

 

40

 

Customer Relationships

 

 

3,400

 

 

 

 

Other

 

 

252

 

 

 

252

 

 

 

 

34,592

 

 

 

292

 

Accumulated Amortization

 

 

(3,274

)

 

 

(258

)

Intangible assets, net

 

$

31,318

 

 

$

34

 

Schedule of Estimated Amortization Expense for Intangible Assets

The estimated amortization expense for intangible assets subsequent to June 30, 2021 consists of the following (in thousands):

 

Year Ending December 31:

 

 

 

 

For remainder of 2021

 

$

3,111

 

2022

 

 

6,220

 

2023

 

 

6,215

 

2024

 

 

6,215

 

2025

 

 

6,215

 

Thereafter

 

 

3,342

 

 

 

$

31,318