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GOODWILL AND INTANGIBLE ASSETS | 6 Months Ended
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Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | GOODWILL AND INTANGIBLE ASSETS The Company’s goodwill as of June 30, 2022 and December 31, 2021 are as follows:
Goodwill | June 30, 2022 |  | December 31, 2021
| (In thousands)
Goodwill, beginning of period | $ | 181,254 |  |  | $ | 24,783 |
Goodwill acquired | 16,378 |  |  | 156,390 |
Currency translation adjustment | (628) |  |  | 81 |
Goodwill, end of period | $ | 197,004 |  |  | $ | 181,254 |
The Company’s purchased intangible assets as of June 30, 2022 and December 31, 2021 are as follows:
| June 30, 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 |  |  | (12,834) |  |  | 29,416 |  |  | 13,100 |  |  | 25,550 |  |  |  |  | (8,958) |  |  | 29,692 |
Customer relationships | 41,021 |  |  | 7,600 |  |  | (15,273) |  |  | 33,348 |  |  | 26,421 |  |  | 14,600 |  |  |  |  | (11,448) |  |  | 29,573 |
Trade names | 37,700 |  |  | — |  |  | (3,863) |  |  | 33,837 |  |  | — |  |  | 37,700 |  |  |  |  | (93) |  |  | 37,607 |
Order backlog | 600 |  |  | — |  |  | (600) |  |  | — |  |  | — |  |  | 600 |  |  |  |  | — |  |  | 600 |
Total purchased intangible assets | $ | 118,257 |  |  | $ | 11,200 |  |  | $ | (32,570) |  |  | $ | 96,887 |  |  | $ | 39,807 |  |  | $ | 78,450 |  |  |  |  | $ | (20,499) |  |  | $ | 97,758 |
Amortization expense related to finite-lived intangible assets are as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2022 |  | 2021 |  | 2022 |  | 2021 |  |
| (In thousands)
Developed technology | $ | 2,010 |  |  | $ | 891 |  |  | $ | 3,876 |  |  | $ | 1,690 |  |  |
Customer relationships | 2,067 |  |  | 1,532 |  |  | 3,825 |  |  | 2,462 |  |  |
Trade names | 1,885 |  |  | 85 |  |  | 3,770 |  |  | 147 |  |  |
Order backlog | 323 |  |  | — |  |  | 600 |  |  | — |  |  |
Total amortization expense | $ | 6,285 |  |  | $ | 2,508 |  |  | $ | 12,071 |  |  | $ | 4,299 |  |  |
Amortization of developed technology is recorded to cost of sales and customer relationships and trade names is recorded to sales and marketing expense. The expected future amortization expense of intangible assets as of June 30, 2022 is presented below (in thousands):
| June 30, 2022
Fiscal year: |
2022 (remaining six months) | $ | 11,926 |
2023 | 24,096 |
2024 | 21,299 |
2025 | 19,984 |
2026 | 16,425 |
Thereafter | 2,871 |
Total | $ | 96,601 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI https://asc.fasb.org/topic&trid=2144416 + Details
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