Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

A summary of goodwill and the changes in its carrying amount are shown in the following table (in thousands):

	Consolidated Goodwill
Balance at December 31, 2021	$	88,148
Addition from acquisition (1)	40,838
Foreign translation adjustments	(6,866)
Balance at June 30, 2022	$	122,120

(1)The entire increase is related to the acquisition of Order2Cash (refer to Note 3 - Business Combination & Acquisitions).

Schedule of Finite-Lived Intangible Assets

The gross carrying values, accumulated amortization, and net carrying values (reduced for fully amortized intangibles) of finite-lived intangible assets as of June 30, 2022 and December 31, 2021, are as follows (in thousands):

	June 30, 2022
	Gross Carrying Value		Accumulated Amortization		Net Carrying Value
Customer relationships	$	43,366	$	(4,834)	$	38,532
Non-compete agreements	1,430		(1,060)		370
Trademarks and trade names	2,258		(269)		1,989
Technology	6,681		(1,442)		5,239
Total	$	53,735	$	(7,605)	$	46,130

	December 31, 2021
	Gross Carrying Value		Accumulated Amortization		Net Carrying Value
Customer relationships	$	23,621	$	(3,524)	$	20,097
Non-compete agreements	1,430		(917)		513
Trademarks and trade names	1,066		(111)		955
Technology	3,692		(918)		2,774
Total	$	29,809	$	(5,470)	$	24,339

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Estimated amortization expense for each of the next five years and thereafter is as follows (in thousands):

2022 (remainder)	$	2,511
2023	3,481
2024	3,237
2025	3,044
2026	3,006
Thereafter	30,851
Total	$	46,130