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GOODWILL AND INTANGIBLE ASSETS
 12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
The balance of goodwill, net is as follows (in thousands):
GoodwillAccumulated Impairment LossNet Goodwill
Balance at December 31, 2020
$903,227 $(483,088)$420,139 
Changes in goodwill— — — 
Balance at December 31, 2021
$903,227 $(483,088)$420,139 
Changes in goodwill— — — 
Balance at December 31, 2022
$903,227 $(483,088)$420,139 
The balance of intangible assets, net is as follows (in thousands):
December 31, 2022December 31, 2021
Intangible assets with indefinite lives$10,142 $10,142 
Intangible assets with definite lives, net48,173 75,621 
Total intangible assets, net$58,315 $85,763 
Goodwill and Indefinite-Lived Intangible Assets
The Company's goodwill at each of December 31, 2022 and 2021 consists of $59.3 million associated with the Home reporting unit, $166.1 million associated with the Consumer reporting unit, and $194.7 million associated with the Insurance reporting unit. Results of the annual impairment test as of October 1, 2022 indicated that no impairment had occurred.
At June 30, 2022, the Company assessed the qualitative factors in its impairment testing of goodwill and determined that the effects of the challenging interest rate environment, consumer price inflation, and the decline in our market capitalization required a quantitative impairment test be performed. The quantitative goodwill impairment test found that the fair value of each reporting unit exceeded its carrying amount, indicating no goodwill impairment. The Company will monitor the recovery of the Insurance reporting unit and the Mortgage reporting unit. The property and casualty auto insurance is experiencing challenges caused by inflation, supply chain challenges, and the rising severity and frequency of claims. Additionally, the significant increase in mortgage interest rates have had a negative impact on the Mortgage reporting unit. Changes in the timing of the recovery compared to current expectations could cause an impairment to the Insurance or Mortgage reporting units.
Intangible assets with indefinite lives relate to the Company's trademarks. Results of the annual impairment test as of October 1, 2022 indicated that no impairment had occurred.
Intangible Assets with Definite Lives
Intangible assets with definite lives relate to the following (dollars in thousands):
Weighted Average
Amortization Life		CostAccumulated
Amortization		Net
Customer lists13.2 years77,300 (30,775)46,525 
Trademarks and tradenames5.0 years10,100 (8,452)1,648 
Balance at December 31, 2022$87,400 $(39,227)$48,173 
Weighted Average
Amortization Life		CostAccumulated
Amortization		Net
Technology4.3 years$87,700 $(69,369)$18,331 
Customer lists13.2 years77,300 (24,668)52,632 
Trademarks and tradenames4.9 years11,700 (7,767)3,933 
Website content3.0 years26,100 (25,375)725 
Balance at December 31, 2021$202,800 $(127,179)$75,621 
The decrease in cost and accumulated amortization in 2022 compared to 2021 is primarily due to certain technology and website content intangible assets becoming fully amortized and written off in 2022.
Amortization of intangible assets with definite lives is computed on a straight-line basis and, based on balances as of December 31, 2022, future amortization is estimated to be as follows (in thousands):
 Amortization Expense
Year ending December 31, 2023$7,694 
Year ending December 31, 20245,889 
Year ending December 31, 20255,830 
Year ending December 31, 20265,504 
Year ending December 31, 20275,198 
Thereafter18,058 
Total intangible assets with definite lives, net$48,173 
See Note 9—Assets and Liabilities Held for Sale for intangible assets with definite lives classified as held for sale during 2022.