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GOODWILL AND INTANGIBLE ASSETS
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
The Company’s goodwill as of December 31, 2021 and December 31, 2020 are as follows:
GoodwillDecember 31,
2021
December 31,
2020
(In thousands)
Goodwill, beginning of period$24,783 $24,783 
Goodwill acquired156,390 — 
Currency translation adjustment81 — 
Goodwill, end of period$181,254 $24,783 
The Company’s purchased intangible assets as of December 31, 2021 and December 31, 2020 are as follows:
December 31, 2021December 31, 2020
GrossAdditionsAccumulated AmortizationNetGrossAdditionsAccumulated AmortizationNet
(In thousands)
Intangible assets:
Other indefinite-lived intangibles$286 $— $— $286 $286 $— $— $286 
Intangible assets with finite lives:
Developed technology13,100 25,550 (8,958)29,692 13,100 — (5,276)7,824 
Customer relationships26,421 14,600 (11,448)29,573 23,100 3,321 (5,723)20,698 
Trade names— 37,700 (93)37,607 — — — — 
Order backlog— 600 — 600 — — — — 
Total purchased intangible assets$39,807 $78,450 $(20,499)$97,758 $36,486 $3,321 $(10,999)$28,808 
Amortization expense related to finite-lived intangible assets are as follows:
Years Ended December 31,
20212020
(In thousands)
Developed technology$3,681 $2,183 
Customer relationships
5,726 2,909 
Trade names93 — 
Total amortization expense
$9,500 $5,092 
Amortization of developed technology, customer relationships and trade names is recorded to cost of sales and sales and marketing expense.
The expected future annual amortization expense of intangible assets as of December 31, 2021 is presented below (in thousands):
December 31,
2021
Fiscal year:
2022$22,212 
202321,856 
202419,059 
202517,744 
202614,185 
Thereafter2,416 
Total$97,472