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GOODWILL AND INTANGIBLE ASSETS (Tables) | 3 Months Ended
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Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | The Company’s goodwill as of March 31, 2022 and December 31, 2021 are as follows:
Goodwill | March 31, 2022 |  | December 31, 2021
| (In thousands)
Goodwill, beginning of period | $ | 181,254 |  |  | $ | 24,783 |
Goodwill acquired | 14,105 |  |  | 156,390 |
Currency translation adjustment | 278 |  |  | 81 |
Goodwill, end of period | $ | 195,637 |  |  | $ | 181,254 |
Schedule of Acquired Indefinite-lived Intangible Assets by Major Class | The Company’s purchased intangible assets as of March 31, 2022 and December 31, 2021 are as follows:
| March 31, 2022 |  | December 31, 2021
| 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 | 38,650 |  |  | 3,600 |  |  | (10,823) |  |  | 31,427 |  |  | 13,100 |  |  | 25,550 |  |  |  |  | (8,958) |  |  | 29,692 |
Customer relationships | 41,021 |  |  | 7,600 |  |  | (13,206) |  |  | 35,415 |  |  | 26,421 |  |  | 14,600 |  |  |  |  | (11,448) |  |  | 29,573 |
Trade names | 37,700 |  |  | — |  |  | (1,978) |  |  | 35,722 |  |  | — |  |  | 37,700 |  |  |  |  | (93) |  |  | 37,607 |
Order backlog | 600 |  |  | — |  |  | (277) |  |  | 323 |  |  | — |  |  | 600 |  |  |  |  | — |  |  | 600 |
Total purchased intangible assets | $ | 118,257 |  |  | $ | 11,200 |  |  | $ | (26,284) |  |  | $ | 103,173 |  |  | $ | 39,807 |  |  | $ | 78,450 |  |  |  |  | $ | (20,499) |  |  | $ | 97,758 |
Schedule of Acquired Finite-Lived Intangible Assets by Major Class | The Company’s purchased intangible assets as of March 31, 2022 and December 31, 2021 are as follows:
| March 31, 2022 |  | December 31, 2021
| 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 | 38,650 |  |  | 3,600 |  |  | (10,823) |  |  | 31,427 |  |  | 13,100 |  |  | 25,550 |  |  |  |  | (8,958) |  |  | 29,692 |
Customer relationships | 41,021 |  |  | 7,600 |  |  | (13,206) |  |  | 35,415 |  |  | 26,421 |  |  | 14,600 |  |  |  |  | (11,448) |  |  | 29,573 |
Trade names | 37,700 |  |  | — |  |  | (1,978) |  |  | 35,722 |  |  | — |  |  | 37,700 |  |  |  |  | (93) |  |  | 37,607 |
Order backlog | 600 |  |  | — |  |  | (277) |  |  | 323 |  |  | — |  |  | 600 |  |  |  |  | — |  |  | 600 |
Total purchased intangible assets | $ | 118,257 |  |  | $ | 11,200 |  |  | $ | (26,284) |  |  | $ | 103,173 |  |  | $ | 39,807 |  |  | $ | 78,450 |  |  |  |  | $ | (20,499) |  |  | $ | 97,758 |
Schedule of Amortization Expense | Amortization expense related to finite-lived intangible assets are as follows:
|  |  | Three Months Ended March 31,
|  |  |  |  | 2022 |  | 2021 |  |
|  |  |  |  | (In thousands)
Developed technology |  |  |  |  | $ | 1,866 |  |  | $ | 799 |  |  |
Customer relationships |  |  |  |  | 1,758 |  |  | 930 |  |  |
Trade names |  |  |  |  | 1,885 |  |  | 62 |  |  |
Order backlog |  |  |  |  | 277 |  |  | — |  |  |
Total amortization expense |  |  |  |  | $ | 5,786 |  |  | $ | 1,791 |  |  |
The expected future amortization expense of intangible assets as of March 31, 2022 is presented below (in thousands):
| March 31, 2022
Fiscal year: |
2022 (remaining nine months) | $ | 18,212 |
2023 | 24,096 |
2024 | 21,299 |
2025 | 19,984 |
2026 | 16,425 |
Thereafter | 2,871 |
Total | $ | 102,887 |

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