XML 40 R28.htm IDEA: XBRL DOCUMENT v3.21.2
Identifiable Intangible Assets and Goodwill (Tables)
 9 Months Ended
Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Components of Identifiable Intangible Assets, Excluding Discontinued Operations
The components of identifiable intangible assets are:
(in thousands)September 30, 2021December 31, 2020Estimated
useful life
Acquired developed technology $109,100 $24,500 
3 - 7 years
Internally developed software costs24,735 15,670 3 years
Customer relationships12,360 4,860 7 years
Trade names1,410 1,410 
2 - 5 years
Non-competition agreements30 30 1 year
 147,635 46,470  
Less accumulated amortization(33,756)(20,265) 
 113,879 26,205  
Internally developed software costs not yet ready for its intended use2,978 6,516 
Trademarks, trade names (non-amortizable)6,200 400 
 $123,057 $33,121 
Schedule of Future Amortization of Intangible Assets
The expected future amortization of intangible assets, assuming straight-line amortization of capitalized software development costs and acquisition related intangibles, excluding software costs not meeting the general release threshold, is as follows (in thousands):
2021, remaining$6,043 
202221,796 
202319,800 
202417,056 
202516,343 
Thereafter32,841 
Total$113,879 
Schedule of Goodwill
Goodwill carried by the Restaurant/Retail and Government segments is as follows:

(in thousands)
Beginning balance - December 31, 2020$41,214 
Punchh Acquisition417,559 
ASC 805 measurement period adjustment422 
Ending balance - September 30, 2021$459,195 
Refer to “Note 3 — Acquisition”, for additional information on goodwill from the Punchh Acquisition.