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GOODWILL AND OTHER INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS

7. GOODWILL AND OTHER INTANGIBLE ASSETS

Goodwill


(in thousands)			2022						2021
January 1,			$	81,923					$	79,231
Acquisition			—						2,701
Currency translation adjustments			(524)						(9)
December 31,			$	81,399					$	81,923

Intangibles

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


									December 31, 2022
(in thousands)			Useful Lives						Cost						Accumulated Amortization						Net Book Value (1)
Client-related			4-10 years						$	63,076					$	(58,623)					$	4,453
Technology			2-10 years						68,056						(61,621)						6,435
Other			1-5 years						5,361						(5,361)						—
									$	136,493					$	(125,605)					$	10,888

(1) Included in other long-term assets.


									December 31, 2021
(in thousands)			Useful Lives						Cost						Accumulated Amortization						Net Book Value (1)
Client-related			4-10 years						$	63,165					$	(57,342)					$	5,823
Technology			2-10 years						67,142						(58,902)						8,240
Other			1-5 years						5,361						(5,361)						—
									$	135,668					$	(121,605)					$	14,063

(1) Included in other long-term assets.

Amortization of intangible assets was:


(in thousands)			2022						2021						2020
Cost of revenue			$	2,723					$	2,516					$	2,487
Selling and marketing			1,370						1,471						1,483
			$	4,093					$	3,987					$	3,970

Future estimated intangible assets amortization:


(in thousands)			December 31, 2022
2023			$	3,924
2024			3,153
2025			2,610
2026			874
2027			327
			$	10,888