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GOODWILL AND OTHER INTANGIBLE ASSETS
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS
7. GOODWILL AND OTHER INTANGIBLE ASSETS
Goodwill
(in thousands)
20212020
January 1,$79,231 $79,039 
Acquisition2,701 — 
Currency translation adjustments(9)192 
December 31,$81,923 $79,231 
Intangibles
Intangible assets are recorded at cost and amortized using the straight-line method over their estimated useful lives:
December 31, 2021
(in thousands)Useful LivesCostAccumulated Amortization
Net Book Value (1)
Client-related
4-10 years
$63,165 $(57,342)$5,823 
Technology
2-10 years
67,142 (58,902)8,240 
Other
1-5 years
5,361 (5,361)— 
$135,668 $(121,605)$14,063 
(1) Included in other long-term assets.
December 31, 2020
(in thousands)Useful LivesCostAccumulated Amortization
Net Book Value (1)
Client-related
4-10 years
$63,168 $(55,877)$7,291 
Technology
2-10 years
64,843 (56,386)8,457 
Other
1-5 years
5,361 (5,361)— 
$133,372 $(117,624)$15,748 
(1) Included in other long-term assets.
Amortization of intangible assets was:
(in thousands)
202120202019
Cost of revenue$2,516 $2,487 $3,500 
Selling and marketing1,471 1,483 3,125 

$3,987 $3,970 $6,625 
Future estimated intangible assets amortization:
(in thousands)
December 31, 2021
2022$3,886 
20233,618 
20242,849 
20252,509 
2026 and thereafter1,201 
$14,063