GOODWILL AND INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

The Company’s goodwill as of December 31, 2022 and 2021 were as follows:


Goodwill	December 31, 2022		December 31, 2021

	(In thousands)
Goodwill, beginning of period	$	181,254	$	24,783
Goodwill acquired	33,354		156,390
Currency translation adjustment	(1,049)		81
Goodwill, end of period	$	213,559	$	181,254

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


	December 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		12,394		(17,260)		33,784		13,100		25,550		(8,958)		29,692
Customer relationships	41,021		14,085		(19,702)		35,404		26,421		14,600		(11,448)		29,573
Trade names	37,700		—		(7,633)		30,067		—		37,700		(93)		37,607
Order backlog	600		—		(600)		—		—		600		—		600

Total purchased intangible assets	$	118,257	$	26,479	$	(45,195)	$	99,541	$	39,807	$	78,450	$	(20,499)	$	97,758

During the year ended December 31, 2022, intangible assets acquired through GreenCom acquisition increased $1.4 million due to the impact of foreign currency translation.

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


	Years Ended December 31,
			2022		2021

		(In thousands)
Developed technology			$	8,303	$	3,681
Customer relationships			8,253		5,726
Trade names			7,540		93
Order backlog			600		—
Total amortization expense			$	24,696	$	9,500

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 December 31, 2022 is presented below (in thousands):


	December 31, 2022

Fiscal year:
2023	$	27,144
2024	24,356
2025	23,032
2026	19,473
2027	5,217
Thereafter	33
Total	$	99,255