Software Development Cost

12 Months Ended

Dec. 31, 2019

8. Software Development Costs

The components of Software development costs, net of accumulated amortization are as follows (in thousands):


	Successor		Successor
		December 31,		December 31,
		2019		2018
Software development costs	$	204,336	$	175,656
Accumulated amortization		(31,250)		(5,074)
Software development costs, net of accumulated amortization	$	173,086	$	170,582

Capitalized software development costs and amortization expense are as follows (in thousands):


	Successor		Successor		Predecessor		Predecessor
		Year Ended		October 1, 2018		January 1, 2018		Year Ended
		December 31,		to		to		December 31,
		2019		December 31, 2018		September 30, 2018		2017
Software development costs capitalized	$	28,681	$	7,156	$	19,523	$	27,157
Amortization expense related to capitalized software development costs	$	26,176	$	5,074	$	19,962	$	25,420

Non-capitalized software costs and routine maintenance costs are expensed as incurred and are included in employee compensation and benefits and professional fees on the consolidated statements of income.