GOODWILL AND OTHER INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

The changes in the carrying amount of goodwill for the two years ended December 31, 2021 are as follows:


	Enterprise Software		Appraisal and Tax		NIC		Total
Balance as of 12/31/2019	$	825,949	$	14,168	$	—	$	840,117
Purchase price adjustments related to CHT acquisition	(1,689)		—		—		(1,689)
Balance as of 12/31/2020	824,260		14,168		—		838,428
Goodwill acquired related to the purchase of NIC	—		—		1,446,868		1,446,868
Goodwill acquired related to the purchase of VendEngine	54,456		—		—		54,456
Goodwill acquired related to other acquisitions	19,922		—		—		19,922
Balance as of 12/31/2021	$	898,638	$	14,168	$	1,446,868	$	2,359,674

Other intangible assets and related accumulated amortization consists of the following at December 31:


	2021		2020
Gross carrying amount of other intangibles:
Customer related intangibles	$	949,844	$	322,619
Acquired software	433,800		262,286
Trade names	45,353		22,905
Leases acquired	5,037		5,037
	1,434,034		612,847
Accumulated amortization	(381,541)		(290,779)
Total other intangibles, net	$	1,052,493	$	322,068

Amortization expense for acquired software is recorded to cost of revenues. Amortization expense for customer relationships and trade names are recorded to selling, general and administrative expenses. Amortization expense related to acquired leases is recorded as a reduction to hardware and other revenue. Total amortization expense for other intangibles was $90.8 million in 2021, $53.9 million in 2020, and $52.5 million in 2019.

The amortization periods of other intangible assets is summarized in the following table:


	December 31, 2021					December 31, 2020
	Gross Carrying Amount		Weighted Average Amortization Period	Accumulated Amortization		Gross Carrying Amount		Weighted Average Amortization Period	Accumulated Amortization
Non-amortizable intangibles:
Goodwill	$	2,359,674	—	$	—	$	838,428	—	$	—
Amortizable intangibles:
Customer related intangibles	$	949,844	21 years	$	157,077	$	322,619	16 years	$	116,609
Acquired software	433,800		7 years	208,451		262,286		7 years	162,378
Trade names	45,353		10 years	13,064		22,905		11 years	9,366
Leases acquired	5,037		9 years	2,949		5,037		9 years	2,426

Estimated annual amortization expense related to other intangibles included in the table below:


2022	$	105,244
2023	87,249
2024	86,699
2025	86,016
2026	78,165
Thereafter	609,120
	$	1,052,493