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GOODWILL AND OTHER INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS

7. GOODWILL AND OTHER INTANGIBLE ASSETS

Goodwill


(in thousands)			2020						2019
January 1,			$	79,039					$	72,858
Acquisition			—						6,179
Currency translation adjustments			192						2
December 31,			$	79,231					$	79,039

Intangibles

Intangible assets are recorded at cost and amortized using the straight-line method over their estimated useful lives as follows:


									December 31, 2020
(in thousands)			Useful Lives						Cost						Accumulated Amortization						Net Book Value (1)
Client-related			4-10 years						$	63,168					$	(55,877)					$	7,291
Technology			2-10 years						64,843						(56,386)						8,457
Other			1-5 years						5,361						(5,361)						—
									$	133,372					$	(117,624)					$	15,748

(1) Included in other long-term assets.


									December 31, 2019
(in thousands)			Useful Lives						Cost						Accumulated Amortization						Net Book Value (1)
Client-related			4-10 years						$	63,140					$	(54,368)					$	8,772
Technology			2-10 years						64,843						(53,898)						10,945
Other			1-5 years						5,361						(5,361)						—
									$	133,344					$	(113,627)					$	19,717

(1) Included in other long-term assets.

Amortization of intangible assets was:


(in thousands)			2020						2019						2018
Cost of revenue			$	2,487					$	3,500					$	5,027
Selling and marketing			1,483						3,125						6,416
			$	3,970					$	6,625					$	11,443

Future estimated amortization expense related to intangible assets:


(in thousands)			December 31, 2020
2021			$	3,657
2022			3,557
2023			3,289
2024			2,520
2025 and after			2,725
			$	15,748