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GOODWILL AND OTHER INTANGIBLE ASSETS
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS
7. GOODWILL AND OTHER INTANGIBLE ASSETS
Goodwill
(in thousands)
20242023
January 1,$81,611 $81,399 
Currency translation adjustments(498)212 
December 31,$81,113 $81,611 
Intangibles
Intangible assets are recorded at cost and amortized using the straight-line method over their estimated useful lives:
December 31, 2024
(in thousands)Useful LivesCostAccumulated Amortization
Net Book Value (1)
Client-related
4-10 years
$63,107 $(61,395)$1,712 
Technology
2-10 years
68,115 (65,995)2,120 
Other
1-5 years
5,361 (5,361)— 
$136,583 $(132,751)$3,832 
(1) Included in other long-term assets.
December 31, 2023
(in thousands)Useful LivesCostAccumulated Amortization
Net Book Value (1)
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 
(1) Included in other long-term assets.
Future estimated intangible assets amortization:
(in thousands)
December 31, 2024
2025$2,630 
2026874 
2027328 
$3,832 
Amortization of intangible assets:
(in thousands)
202420232022
Cost of revenue$1,783 $2,570 $2,723 
Selling and marketing1,370 1,370 1,370 

$3,153 $3,940 $4,093