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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill and Other Intangible Assets  
Summary of changes in goodwill by reportable segment

Legacy

Digital

 

Dollars in thousands

    

Business

    

Business

    

Total

Balance as of December 31, 2019

$

144,014

$

3,509

$

147,523

Balance as of December 31, 2020

$

144,014

$

3,509

$

147,523

Balance as of December 31, 2021

$

144,014

$

3,509

$

147,523

Summary of carrying amounts and accumulated amortization of intangible assets

December 31, 2021

December 31, 2020

Gross

Net

Gross

Net

Estimated

Carrying

Accumulated

Carrying

Carrying

Accumulated

Carrying

Dollars in thousands

    

Useful Life

    

Amount

    

Amortization

    

Amount

    

Amount

    

Amortization

    

Amount

Intangible assets subject to amortization:

Contracts with retailers

 

7 years

$

370,000

$

(278,087)

$

91,913

$

370,000

$

(225,230)

$

144,770

Trade name

 

7 years

 

60,000

 

(45,095)

 

14,905

 

60,000

 

(36,524)

 

23,476

Contactable customer list

 

7 years

 

40,000

 

(30,063)

 

9,937

 

40,000

 

(24,349)

 

15,651

Developed technology

 

7 years

 

30,000

 

(22,548)

 

7,452

 

30,000

 

(18,262)

 

11,738

Total intangible assets subject to amortization

 

  

$

500,000

$

(375,793)

$

124,207

$

500,000

$

(304,365)

$

195,635

Summary of amortization of intangible assets for each of next five fiscal years

    

Amortization of

Dollars in thousands

intangible assets

2022

$

71,428

2023

 

52,779

2024

 

2025

 

2026

 

Total expected amortization

$

124,207