Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2021

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Carrying Value of Goodwill

The following table reflects the carrying value of goodwill (in thousands):

	Carrying Value
Balance as of December 31, 2020	$	73,058
Additions:
This Old House acquisition		47,626
Other immaterial acquisitions		5,000
Balance as of March 31, 2021	$	125,684

Summary of Intangible Assets

The following table is the summary of Company’s intangible assets (in thousands):

	As of March 31, 2021
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Weighted-Average Useful Lives (in years)
Developed technology	$	62,367	$	(16,082	)	$	46,285		5.9
Customer relationships		14,100		(4,752	)		9,348		4.0
Tradename		20,400		(466	)		19,934		9.8
Patents		4,076		(388	)		3,688		14.0
Intangible assets	$	100,943	$	(21,688	)	$	79,255

	As of December 31, 2020
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Weighted-Average Useful Lives (in years)
Developed technology	$	62,367	$	(13,439	)	$	48,928		5.9
Customer relationships		13,400		(3,908	)		9,492		4.0
Tradename		400		(400	)		—		0.5
Patents		4,076		(315	)		3,761		14.0
Intangible assets	$	80,243	$	(18,062	)	$	62,181

Schedule of Estimated Future Amortization Expense for Intangible Asset

The estimated future amortization expense for intangible asset for the next five years and thereafter is as follows (in thousands):

Year Ending December 31,
2021 (remaining 9 months)	$	12,153
2022		15,896
2023		15,338
2024		12,546
2025		10,794
Thereafter		12,528
Total	$	79,255