Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 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 currency translation adjustments	(13,016)
Balance at September 30, 2022	$	115,970

(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 September 30, 2022 and December 31, 2021, are as follows (in thousands):

	September 30, 2022
	Gross Carrying Value		Accumulated Amortization		Net Carrying Value
Customer relationships	$	40,933	$	(5,562)	$	35,371
Non-compete agreements	1,430		(1,131)		299
Trademarks and trade names	2,107		(326)		1,781
Technology	6,309		(1,644)		4,665
Total	$	50,779	$	(8,663)	$	42,116

	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)	$	1,188
2023	4,656
2024	4,412
2025	4,219
2026	4,181
Thereafter	23,460
Total	$	42,116