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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 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

Additions and adjustments

4,589

Foreign exchange

(1,595)

June 30, 2022

$

182,702

Summary of Intangible Assets

June 30, 2022

(In thousands)

Weighted

Average

Amortization

Period

(in years)

Gross
Carrying
Amount

Accumulated
Amortization

Intangible
Assets,
net

Supplier network

10.0

$

4,000

$

(3,067)

$

933

Customer relationships & other intangibles

6.4

51,422

(37,658)

13,764

Developed technology

8.0

72,086

(32,928)

39,158

Patents

16.0

8,760

(3,484)

5,276

Total intangible assets

$

136,268

$

(77,137)

$

59,131

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 June 30, 2022:

(In thousands)

Annual
Amortization

Remaining 2022

$

8,867

2023

15,816

2024

13,203

2025

8,917

2026

5,474

Thereafter

6,854

Total

$

59,131