Goodwill and Intangible Assets, Net (Tables)

3 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Changes in Carrying amount of Goodwill

The changes in the carrying amount of goodwill for the periods presented is as follows (in thousands):

Balance as of December 31, 2021	$	1,540,112
Fruitz acquisition		41,889
Foreign currency translation adjustment		(168	)
Balance as of March 31, 2022	$	1,581,833

Summary of Intangible Assets, Net

A summary of the Company’s intangible assets, net is as follows (in thousands):

	March 31, 2022
	Gross Carrying Amount		Accumulated Amortization			Impairment losses			Net Carrying Amount		Weighted- Average Remaining Useful Life (Years)
Bumble and Badoo brands	$	1,511,269	$	—		$	—		$	1,511,269	Indefinite
Fruitz brand		37,848		(423	)		—			37,425		15.0
Developed technology		248,897		(106,256	)		—			142,641		2.9
User base		113,522		(97,703	)		—			15,819		0.3
White label contracts		33,384		(6,953	)		(26,431	)		—		—
Other		11,494		(1,472	)		—			10,022		5.0
Total intangible assets, net	$	1,956,414	$	(212,807	)	$	(26,431	)	$	1,717,176

	December 31, 2021
	Gross Carrying Amount		Accumulated Amortization			Impairment losses			Net Carrying Amount		Weighted- Average Remaining Useful Life (Years)
Bumble and Badoo brands	$	1,511,269	$	—		$	—		$	1,511,269	Indefinite
Developed technology		244,813		(93,845	)		—			150,968		3.1
User base		112,695		(86,399	)		—			26,296		0.6
White label contracts		33,384		(6,953	)		(26,431	)		—		—
Other		9,106		(841	)		—			8,265		5.3
Total intangible assets, net	$	1,911,267	$	(188,038	)	$	(26,431	)	$	1,696,798

Summary of Amortization of Intangible Assets with Definite Lives

As of March 31, 2022, amortization of intangible assets with definite lives is estimated to be as follows (in thousands):

Remainder of 2022	$	56,069
2023		54,711
2024		54,127
2025		8,176
2026 and thereafter		30,008
Total	$	203,091