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GOODWILL AND INTANGIBLE ASSETS (Tables) | 6 Months Ended
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Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | The Company’s goodwill as of June 30, 2021 and December 31, 2020 are as follows:
Goodwill | June 30, 2021 |  | December 31, 2020
| (In thousands)
Goodwill, beginning of period | $ | 24,783 |  |  | $ | 24,783 |
Goodwill acquired | 35,934 |  |  | — |
Currency translation adjustment | 604 |  |  | — |
Goodwill, end of period | $ | 61,321 |  |  | $ | 24,783 |
Schedule of Acquired Indefinite-lived Intangible Assets by Major Class | The Company’s purchased intangible assets as of June 30, 2021 and December 31, 2020 are as follows:
| June 30, 2021 |  | December 31, 2020
| Gross |  | Additions |  | Accumulated Amortization |  | Net |  | Gross |  | Additions |  |  |  | Accumulated Amortization |  | Net
| (In thousands)
Intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other indefinite-lived intangibles | $ | 286 |  |  | $ | — |  |  | $ | — |  |  | $ | 286 |  |  | $ | 286 |  |  | $ | — |  |  |  |  | $ | — |  |  | $ | 286 |
Intangible assets with finite lives: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Developed technology | 13,100 |  |  | 6,900 |  |  | (6,966) |  |  | 13,034 |  |  | 13,100 |  |  | — |  |  |  |  | (5,276) |  |  | 7,824 |
Customer relationships | 26,421 |  |  | 13,500 |  |  | (8,185) |  |  | 31,736 |  |  | 23,100 |  |  | 3,321 |  |  |  |  | (5,723) |  |  | 20,698 |
Trade names | — |  |  | 500 |  |  | (147) |  |  | 353 |  |  | — |  |  | — |  |  |  |  | — |  |  | — |
Total purchased intangible assets | $ | 39,807 |  |  | $ | 20,900 |  |  | $ | (15,298) |  |  | $ | 45,409 |  |  | $ | 36,486 |  |  | $ | 3,321 |  |  |  |  | $ | (10,999) |  |  | $ | 28,808 |
Schedule of Acquired Finite-Lived Intangible Assets by Major Class | The Company’s purchased intangible assets as of June 30, 2021 and December 31, 2020 are as follows:
| June 30, 2021 |  | December 31, 2020
| Gross |  | Additions |  | Accumulated Amortization |  | Net |  | Gross |  | Additions |  |  |  | Accumulated Amortization |  | Net
| (In thousands)
Intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other indefinite-lived intangibles | $ | 286 |  |  | $ | — |  |  | $ | — |  |  | $ | 286 |  |  | $ | 286 |  |  | $ | — |  |  |  |  | $ | — |  |  | $ | 286 |
Intangible assets with finite lives: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Developed technology | 13,100 |  |  | 6,900 |  |  | (6,966) |  |  | 13,034 |  |  | 13,100 |  |  | — |  |  |  |  | (5,276) |  |  | 7,824 |
Customer relationships | 26,421 |  |  | 13,500 |  |  | (8,185) |  |  | 31,736 |  |  | 23,100 |  |  | 3,321 |  |  |  |  | (5,723) |  |  | 20,698 |
Trade names | — |  |  | 500 |  |  | (147) |  |  | 353 |  |  | — |  |  | — |  |  |  |  | — |  |  | — |
Total purchased intangible assets | $ | 39,807 |  |  | $ | 20,900 |  |  | $ | (15,298) |  |  | $ | 45,409 |  |  | $ | 36,486 |  |  | $ | 3,321 |  |  |  |  | $ | (10,999) |  |  | $ | 28,808 |
Schedule of Amortization Expense | Amortization expense related to finite-lived intangible assets are as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2021 |  | 2020 |  | 2021 |  | 2020 |  |
| (In thousands)
Developed technology | $ | 891 |  |  | $ | 546 |  |  | $ | 1,690 |  |  | $ | 1,092 |  |  |
Customer relationships | 1,532 |  |  | 700 |  |  | 2,462 |  |  | 1,401 |  |  |
Trade names | 85 |  |  | — |  |  | 147 |  |  | — |  |  |
Total amortization expense | $ | 2,508 |  |  | $ | 1,246 |  |  | $ | 4,299 |  |  | $ | 2,493 |  |  |

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- Definition Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
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- Definition Tabular disclosure of acquired indefinite-lived intangible assets. Indefinite-lived intangible assets are assets that have no physical form, but have expected future economic benefit. Indefinite-lived assets are assets that are not subject to amortization. Acquired indefinite-lived intangible assets are disclosed by major class (assets that can be grouped together because they are similar, either by their nature or by their use in operations of the entity) and in total. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
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