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GOODWILL AND INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

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

Schedule of Acquired Indefinite-lived Intangible Assets by Major Class

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

Schedule of Acquired Finite-Lived Intangible Assets by Major Class

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

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,
			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

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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