XML 22 R13.htm IDEA: XBRL DOCUMENT v3.23.2
Goodwill and Intangible Assets
6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
The following table presents the changes in the carrying amount of goodwill by reporting unit (in thousands):
Software PlatformAppsTotal
December 31, 2022$1,478,014 $345,741 $1,823,755 
Foreign currency translation6,955 — 6,955 
June 30, 2023$1,484,969 $345,741 $1,830,710 
Intangible assets, net consisted of the following (in thousands):
 Weighted-
Average
Remaining
Useful Life
(Years)
As of June 30, 2023As of December 31, 2022
 Gross
Carrying
Value
Accumulated
Amortization
Net Book
Value
Gross
Carrying
Value
Accumulated
Amortization
Net Book
Value
 
 
Long-lived intangible assets:
Apps4.0$1,827,128 $(1,004,234)$822,894 $1,790,820 $(836,375)$954,445 
Customer relationships8.7516,700 (84,964)431,736 515,084 (58,881)456,203 
User base2.868,817 (41,998)26,819 68,817 (37,122)31,695 
License asset2.559,207 (23,952)35,255 59,207 (16,901)42,306 
Developed technology4.1206,769 (71,144)135,625 206,060 (53,879)152,181 
Other4.958,564 (16,897)41,667 53,933 (13,103)40,830 
Total long-lived intangible assets2,737,185 (1,243,189)1,493,996 2,693,921 (1,016,261)1,677,660 
Short-lived intangible assets:
Apps0.247,136 (46,863)273 45,791 (44,838)953 
Total intangible assets$2,784,321 $(1,290,052)$1,494,269 $2,739,712 $(1,061,099)$1,678,613 
As of June 30, 2023 and December 31, 2022, short-lived mobile Apps were included in prepaid expenses and other current assets.
The Company recorded amortization expenses related to acquired intangible assets as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
Cost of revenue$96,138 $126,237 $194,782 $230,856 
Sales and marketing16,780 16,532 33,568 32,924 
Total$112,918 $142,769 $228,350 $263,780