GOODWILL AND INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of balance of intangible assets, net

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

	September 30, 2021		December 31, 2020
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	85,392		118,360
Total intangible assets, net	$	95,534	$	128,502

Schedule of intangible assets with definite lives

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

	Cost		Accumulated Amortization		Net
Technology	$	87,700	$	(64,069)	$	23,631
Customer lists	77,300		(23,141)		54,159
Trademarks and tradenames	16,000		(11,326)		4,674
Website content	27,100		(24,172)		2,928
Balance at September 30, 2021	$	208,100	$	(122,708)	$	85,392

	Cost		Accumulated Amortization		Net
Technology	$	87,700	$	(48,166)	$	39,534
Customer lists	77,300		(18,560)		58,740
Trademarks and tradenames	17,200		(9,947)		7,253
Website content	43,200		(30,367)		12,833
Balance at December 31, 2020	$	225,400	$	(107,040)	$	118,360

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, 2021, future amortization is estimated to be as follows (in thousands):

	Amortization Expense
Remainder of current year	$	9,770
Year ending December 31, 2022	25,256
Year ending December 31, 2023	8,602
Year ending December 31, 2024	6,747
Year ending December 31, 2025	6,259
Thereafter	28,758
Total intangible assets with definite lives, net	$	85,392