Acquisitions, Intangible Assets and Goodwill (Tables)

6 Months Ended

Jun. 30, 2020

Acquisitions Intangible Assets And Goodwill [Abstract]

Schedule of Intangible Assets, net

As of June 30, 2020 and December 31, 2019, capitalized internal-use software consisted of the following:

(in thousands)	June 30, 2020			December 31, 2019
Gross capitalized internal-use software	$	67,648		$	61,130
Less: Accumulated amortization		(35,233	)		(27,974	)
Capitalized internal use software, net	$	32,415		$	33,156

As of June 30, 2020 and December 31, 2019, intangible assets, net consisted of the following:

	June 30, 2020							December 31, 2019
(in thousands)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Customer relationships	$	25,583	$	(12,190	)	$	13,393	$	25,594	$	(9,712	)	$	15,882
Trade name		2,713		(1,005	)		1,708		2,711		(763	)		1,948
Developed technology		27,561		(16,273	)		11,288		27,547		(12,227	)		15,320
Acquisition intangible assets, net	$	55,857	$	(29,468	)	$	26,389	$	55,852	$	(22,702	)	$	33,150

Summary of Future Amortization Expense

As of June 30, 2020, 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 2020	$	6,037	$	5,772
2021		8,944		9,863
2022		4,957		4,996
2023		483		1,906
2024		—		1,664
Thereafter		—		2,188
Total amortization expense	$	20,421	$	26,389

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, 2019	$	462,927
Foreign currency translation		(124	)
Balance as of June 30, 2020	$	462,803