GOODWILL AND INTANGIBLE ASSETS

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

The Company’s goodwill as of September 30, 2022 and December 31, 2021 are as follows:


Goodwill	September 30, 2022		December 31, 2021
	(In thousands)
Goodwill, beginning of period	$	181,254	$	24,783
Goodwill acquired	16,377		156,390
Currency translation adjustment	(2,123)		81
Goodwill, end of period	$	195,508	$	181,254

The Company’s purchased intangible assets as of September 30, 2022 and December 31, 2021 are as follows:


	September 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		(14,846)		27,404		13,100		25,550		(8,958)		29,692
Customer relationships	41,021		7,600		(17,339)		31,282		26,421		14,600		(11,448)		29,573
Trade names	37,700		—		(5,748)		31,952		—		37,700		(93)		37,607
Order backlog	600		—		(600)		—		—		600		—		600
Total purchased intangible assets	$	118,257	$	11,200	$	(38,533)	$	90,924	$	39,807	$	78,450	$	(20,499)	$	97,758

Amortization expense related to finite-lived intangible assets are as follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021

	(In thousands)
Developed technology	$	2,012	$	896	$	5,888	$	2,586
Customer relationships	2,066		1,532		5,891		3,994
Trade names	1,885		85		5,655		232
Order backlog	—		—		600		—
Total amortization expense	$	5,963	$	2,513	$	18,034	$	6,812

Amortization of developed technology is recorded to cost of sales, amortization of customer relationships and trade names are recorded to sales and marketing expense, and amortization of certain customer relationships is recorded as a reduction to revenue.

The expected future amortization expense of intangible assets as of September 30, 2022 is presented below (in thousands):


	September 30, 2022

Fiscal year:
2022 (remaining three months)	$	5,963
2023	24,096
2024	21,299
2025	19,984
2026	16,425
Thereafter	2,871
Total	$	90,638