GOODWILL AND INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of balance of intangible assets, net

The balance of goodwill and intangible assets, net is as follows (in thousands):

	September 30, 2020			December 31, 2019
Goodwill	$	903,227		$	903,227
Accumulated impairment losses	(483,088		)	(483,088		)
Net goodwill	$	420,139		$	420,139
Intangible assets with indefinite lives	$	10,142		$	10,142
Intangible assets with definite lives, net	130,835			171,438
Total intangible assets, net	$	140,977		$	181,580

Schedule of intangible assets with definite lives

Intangible assets with definite lives relate to the following (in thousands):

	Cost		Accumulated Amortization			Net
Technology	$	116,000	$	(70,004	)	$	45,996
Customer lists	77,300		(17,033		)	60,267
Trademarks and tradenames	17,200		(9,062		)	8,138
Website content	43,200		(26,767		)	16,433
Other	5		(4		)	1
Balance at September 30, 2020	$	253,705	$	(122,870	)	$	130,835

	Cost		Accumulated Amortization			Net
Technology	$	116,200	$	(48,938	)	$	67,262
Customer lists	77,300		(12,452		)	64,848
Trademarks and tradenames	17,200		(6,407		)	10,793
Website content	51,000		(22,467		)	28,533
Other	5		(3		)	2
Balance at December 31, 2019	$	261,705	$	(90,267	)	$	171,438

Schedule of amortization of intangible assets with definite lives for the next five years

Amortization of intangible assets with definite lives is computed on a straight-line basis and, based on balances as of September 30, 2020, future amortization is estimated to be as follows (in thousands):

	Amortization Expense
Remainder of current year	$	12,475
Year ending December 31, 2021	42,738
Year ending December 31, 2022	25,256
Year ending December 31, 2023	8,602
Year ending December 31, 2024	6,747
Thereafter	35,017
Total intangible assets with definite lives, net	$	130,835