XML 29 R15.htm IDEA: XBRL DOCUMENT v3.24.0.1
GOODWILL AND INTANGIBLE ASSETS WITH DEFINITE LIVES
 12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS WITH DEFINITE LIVES GOODWILL AND INTANGIBLE ASSETS WITH DEFINITE LIVES
Goodwill and intangible assets with definite lives, net are as follows:
 December 31,
 20232022
 (In thousands)
Goodwill$245,406 $245,406 
Intangible assets with definite lives, net of accumulated amortization2,629 5,468 
Total goodwill and intangible assets with definite lives, net$248,035 $250,874 
The changes in the carrying value of goodwill for the years ended December 31, 2023 and 2022 are as follows:
Years Ended December 31,
20232022
 (In thousands)
Balance at beginning of period$245,406 $242,586 
Measurement period adjustments (a)
— 2,820 
Balance at end of period$245,406 $245,406 
____________________
(a)    Related to the acquisitions of Wibbitz and WIREWAX as discussed in "Note 5—Business Combinations".

At December 31, 2023 and 2022, intangible assets with definite lives are as follows:
December 31, 2023
Gross
Carrying
Amount		Accumulated
Amortization		NetWeighted-Average
Useful Life
 (Years)
 (In thousands) 
Developed technology$29,730 $(27,720)$2,010 3.7
Customer relationships17,530 (16,911)619 3.9
Trade names3,000 (3,000)— 1.7
Total$50,260 $(47,631)$2,629 3.6
December 31, 2022
Gross
Carrying
Amount		Accumulated
Amortization		NetWeighted-Average
Useful Life
 (Years)
 (In thousands) 
Developed technology$29,730 $(25,630)$4,100 3.7
Customer relationships17,530 (16,162)1,368 3.9
Trade names3,000 (3,000)— 1.7
Total$50,260 $(44,792)$5,468 3.6
At December 31, 2023, amortization of intangible assets with definite lives is estimated to be as follows:
Years Ending December 31,(In thousands)
2024$1,390 
20251,239 
Total(a)
$2,629 
____________________
(a)    All intangible assets are expected to be fully amortized by December 31, 2025, therefore there is no estimated amortization for the years 2026, 2027, and 2028.