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GOODWILL AND INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2022
GOODWILL AND INTANGIBLE ASSETS [Abstract]  
Summary of Goodwill

(In thousands)

December 31, 2020

$

156,716

Additions and adjustments

24,251

Foreign exchange

(1,259)

December 31, 2021

179,708

Foreign exchange

(663)

March 31, 2022

$

179,045

Summary of Intangible Assets

March 31, 2022

(In thousands)

Weighted

Average

Amortization

Period

(in years)

Gross
Carrying
Amount

Accumulated
Amortization

Intangible
Assets,
net

Supplier network

10.0

$

4,000

$

(2,967)

$

1,033

Customer relationships & other intangibles

6.4

53,971

(37,940)

16,031

Developed technology

8.0

72,584

(30,761)

41,823

Patents

16.1

8,863

(3,365)

5,498

Total intangible assets

$

139,418

$

(75,033)

$

64,385

December 31, 2021

(In thousands)

Weighted

Average

Amortization

Period

(in years)

Gross
Carrying
Amount

Accumulated
Amortization

Intangible
Assets,
net

Supplier network

10.0

$

4,000

$

(2,867)

$

1,133

Customer relationships & other intangibles

6.4

56,264

(37,842)

18,422

Developed technology

8.0

71,947

(28,545)

43,402

Patents

16.1

8,938

(3,235)

5,703

Total intangible assets

$

141,149

$

(72,489)

$

68,660

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense The following table summarizes amortization of intangible assets for future periods as of March 31, 2022:

(In thousands)

Annual
Amortization

Remaining 2022

$

13,588

2023

16,061

2024

13,255

2025

8,969

2026

5,525

Thereafter

6,987

Total

$

64,385