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GOODWILL AND OTHER INTANGIBLES
9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLES
NOTE 5. GOODWILL AND OTHER INTANGIBLES
Goodwill
Nine Months Ended
September 30,
(in thousands)
20242023
January 1,$81,611 $81,399 
Currency translation adjustments(43)38 
September 30,$81,568 $81,437 
Intangibles
Intangible assets are recorded at cost and amortized using the straight-line method over their estimated useful lives.
September 30, 2024
(in thousands)Useful LivesCostAccumulated Amortization
Net Book Value
Client-related
4-10 years
$63,157 $(61,101)$2,056 
Technology
2-10 years
68,115 (65,638)2,477 
Other
1-5 years
5,361 (5,361)— 
$136,633 $(132,100)$4,533 
December 31, 2023
(in thousands)Useful LivesCostAccumulated Amortization
Net Book Value
Client-related
4-10 years
$63,117 $(60,035)$3,082 
Technology
2-10 years
68,138 (64,218)3,920 
Other
1-5 years
5,361 (5,361)— 
$136,616 $(129,614)$7,002 
Future estimated amortization of intangible assets:
(in thousands)
September 30, 2024
Remainder of 2024$823 
20252,509 
2026874 
2027327 
$4,533 
Amortization of intangible assets:
Three Months Ended
September 30,
Nine Months Ended
September 30,
(in thousands)2024202320242023
Cost of revenue
$357 $622 $1,425 $1,949 
Selling and marketing
343 343 1,028 1,028 
$700 $965 $2,453 $2,977