Acquisitions, Intangible Assets and Goodwill (Tables)

6 Months Ended

Jun. 30, 2019

Acquisitions Intangible Assets And Goodwill [Abstract]

Schedule of Preliminarily Allocated Purchase Price of Assets and Liability

The major classes of assets and liabilities to which the Company has preliminarily allocated the purchase price were as follows (in thousands):

Cash and cash equivalents	$	1,058
Accounts receivable, net		1,876
Property and equipment, net		770
Operating lease right-of-use assets		2,268
Intangible assets		15,136
Goodwill		72,077
Accrued compensation		(1,226	)
Deferred revenue		(4,541	)
Operating lease liabilities		(2,268	)
Deferred tax liabilities		(2,323	)
Other assets and liabilities, net		1,461
Total purchase price	$	84,288

Schedule of Fair Value and Useful Lives of Identifiable Intangible Assets Acquired

The following table sets forth the fair value and useful lives of the identifiable intangible assets acquired:

(in thousands)	Fair Value		Useful Life
Technology	$	11,036	3 years
Customer relationships		2,890	3 years
Trade name		1,210	5 years
Total intangible assets	$	15,136

Schedule of Intangible Assets, net

As of June 30, 2019 and December 31, 2018, capitalized internal-use software consisted of the following:

(in thousands)	June 30, 2019			December 31, 2018
Gross capitalized internal-use software	$	117,737		$	109,133
Less: Accumulated amortization		(83,292	)		(75,853	)
Capitalized internal use software, net	$	34,445		$	33,280

As of June 30, 2019 and December 31, 2018, intangible assets, net consisted of the following:

	June 30, 2019							December 31, 2018
(in thousands)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Customer relationships	$	50,613	$	(43,511	)	$	7,102	$	47,696	$	(42,410	)	$	5,286
Trade name		7,301		(6,003	)		1,298		6,072		(5,796	)		276
Technology		33,211		(20,155	)		13,056		22,007		(18,245	)		3,762
Acquisition intangible assets, net	$	91,125	$	(69,669	)	$	21,456	$	75,775	$	(66,451	)	$	9,324

Summary of Future Amortization Expense

As of June 30, 2019, future amortization expense by year is expected to be as follows (in thousands):

(in thousands)	Capitalized internal-use software, net		Acquisition intangible assets, net
Remainder of 2019	$	5,946	$	4,337
2020		6,735		7,904
2021		1,900		6,657
2022		136		2,251
2023		—		246
Thereafter		—		61
Total amortization expense	$	14,717	$	21,456

Schedule of Carrying Amount of Goodwill, Net

The changes in the carrying amount of goodwill were as follows (in thousands):

Balance as of December 31, 2018	$	336,861
Addition		72,077
Foreign currency translation		834
Balance as of June 30, 2019	$	409,772