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Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets, Net

The following table presents details of the Company’s intangible assets, net at December 31, 2020:

 

 

 

 

 

December 31, 2020

 

($ amounts in thousands)

 

Useful life

(years)

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

Trademarks

 

5-9

 

$

12,511

 

 

$

(11,716

)

 

$

795

 

Customer relationships

 

5-11

 

 

27,900

 

 

 

(3,368

)

 

 

24,532

 

Developed technology

 

1-5

 

 

49,098

 

 

 

(37,506

)

 

 

11,592

 

Backlog

 

1

 

 

700

 

 

 

(700

)

 

 

 

 

 

 

 

$

90,209

 

 

$

(53,290

)

 

$

36,919

 

 

The following table presents details of the Company’s intangible assets, net at December 31, 2019:

 

 

 

 

 

December 31, 2019

 

($ amounts in thousands)

 

Useful life

(years)

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

Trademarks

 

5-7

 

$

12,000

 

 

$

(9,856

)

 

$

2,144

 

Customer relationships

 

5

 

 

2,600

 

 

 

(2,210

)

 

 

390

 

Developed technology

 

4-5

 

 

46,598

 

 

 

(28,075

)

 

 

18,523

 

Backlog

 

1

 

 

700

 

 

 

(490

)

 

 

210

 

 

 

 

 

$

61,898

 

 

$

(40,631

)

 

$

21,267

 

Schedule of Expected Amortization of Intangible Assets, Net for Future Periods

At December 31, 2020, the expected amortization of intangible assets, net for future periods is as follows:

 

(in thousands)

 

 

 

 

Year Ending December 31,

 

 

 

 

2021

 

 

7,916

 

2022

 

 

6,240

 

2023

 

 

4,681

 

2024

 

 

2,415

 

2025

 

 

2,413

 

2026 and thereafter

 

 

13,254

 

 

 

$

36,919