XML 42 R32.htm IDEA: XBRL DOCUMENT v3.20.2
GOODWILL AND INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in carrying amount of goodwill during the nine months ended September 30, 2020 were as follows (in thousands):
Balance as of December 31, 2019$104,589 
Effect of currency translation2,183 
Balance as of September 30, 2020$106,772 
Schedule of Intangible Assets
Intangible assets at September 30, 2020 and December 31, 2019 consisted of the following (dollars in thousands):
September 30, 2020
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountWeighted Average Remaining Life
Business relationships$9,918 $(3,571)$6,347 8.0years
Developed technology7,709 (5,934)1,775 1.5years
Licensing agreements6,129 (54)6,075 9.4years
Content3,938 (3,938)— 0.0years
Domains and data licenses2,869 (2,826)43 2.0years
Trademarks877 (877)— 0.0years
User relationships146 (146)— 0.0years
Total$31,586 $(17,346)$14,240 

December 31, 2019
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountWeighted Average Remaining Life
Business relationships$9,918 $(2,841)$7,077 8.6years
Developed technology7,832 (4,959)2,873 2.2years
Content3,814 (3,814)— 0.0years
Domain and data licenses2,869 (2,748)121 1.7years
Trademarks877 (872)0.2years
User relationships146 (140)0.2years
Total$25,456 $(15,374)$10,082 
Schedule of Future Amortization Expense
As of September 30, 2020, the estimated future amortization of purchased intangible assets for (i) the remaining three months of 2020, (ii) each of the succeeding five years, and (iii) thereafter was as follows (in thousands):    
Year Ending December 31,Amount
2020 (from October 1, 2020)$719 
20212,848 
20221,676 
20231,359 
20241,353 
20251,353 
Thereafter4,932 
Total amortization$14,240