XML 28 R16.htm IDEA: XBRL DOCUMENT
v3.22.4

GOODWILL AND OTHER INTANGIBLE ASSETS | 12 Months Ended
--- | ---
Dec. 31, 2022
GOODWILL AND OTHER INTANGIBLE ASSETS |
GOODWILL AND OTHER INTANGIBLE ASSETS | 9.GOODWILL AND OTHER INTANGIBLE ASSETS Goodwill and other intangible assets are as follows for the periods presented: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ | ​ | 2022 | ​ | 2021
Goodwill | ​ | $ | 251,842 | ​ | $ | 270,041
Other intangible assets, net | ​ | ​ | 5,181 | ​ |  | 2,661
Total | ​ | $ | 257,023 | ​ | $ | 272,702
​ The changes in the carrying amount of goodwill are as follows for the periods presented: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ | ​ | 2022 | ​ | 2021
Balance, January 1 | ​ | $ | 270,041 | ​ | $ | 16,329
Acquisitions | ​ | ​ | — | ​ |  | 265,867
Measurement period adjustments | ​ | ​ | (10,329) | ​ | ​ | —
Foreign currency translation adjustments | ​ | ​ | (7,870) | ​ | ​ | (12,155)
Balance, December 31, gross | ​ | ​ | 251,842 | ​ | ​ | 270,041
Accumulated impairment losses | ​ | ​ | — | ​ | ​ | —
Balance, December 31, net | ​ | $ | 251,842 | ​ | $ | 270,041
​ The Company recognized various amortizable other intangible assets in connection with acquisitions, including customer relationships, technology and tradenames. The following tables provide additional information for our other intangible assets, which are individually not material to the consolidated financial statements: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | As of December 31,
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 2022 | ​ | 2021
​ | Weighted average amortization period (years) | ​ | ​ | ​ | ​ | ​ | 3.5 | ​ | ​ | 4.2
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | As of December 31, 2022 | ​ | ​ | As of December 31, 2021
​ | ​ | ​ | ​ | Gross Carrying Amount | ​ | ​ | Accumulated Amortization | ​ | ​ | Gross Carrying Amount | ​ | ​ | Accumulated Amortization
​ | Customer relationships | ​ | $ | 8,225 | ​ | $ | 3,855 | ​ | $ | 1,922 | ​ | $ | 623
​ | Trademarks and tradenames | ​ | ​ | 1,240 | ​ | ​ | 887 | ​ | ​ | 1,047 | ​ | ​ | 337
​ | Developed technology | ​ | ​ | 1,202 | ​ | ​ | 744 | ​ | ​ | 1,141 | ​ | ​ | 489
​ | Total | ​ | $ | 10,667 | ​ | $ | 5,486 | ​ | $ | 4,110 | ​ | $ | 1,449
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | For the year ended December 31, | ​ | ​ | ​ | Cost of Revenues, Software Subscriptions | ​ | Selling and Marketing Expense | ​ | ​ | Total Expense
​ | 2022 | ​ | ​ | ​ |  | $ | 234 |  | $ | 3,779 | ​ | $ | 4,013
​ | 2021 | ​ | ​ | ​ | ​ | ​ | 253 | ​ | ​ | 813 | ​ | ​ | 1,066
​ | 2020 | ​ | ​ | ​ | ​ | ​ | 267 | ​ | ​ | 176 | ​ | ​ | 443
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ The following table presents estimated future amortization of intangible assets: ​
​ | ​ | ​ | ​
Year Ending December 31, |  | ​ |
2023 | ​ | $ | 2,852
2024 | ​ |  | 2,066
2025 | ​ |  | 263
Total | ​ | $ | 5,181
​ ​ The Company recorded other intangible assets of $6,500 during the year ended December 31, 2022 in connection with finalization of the LCR-Dixon acquisition opening balance sheet. The Company recorded amortization expense of $2,825 for the year ended December 31, 2022, which is included in cost of revenues, software subscriptions and selling and marketing expense. Included in this amount is $625 that would have been recorded during the year ended December 31, 2021 had the fair value of the acquired LCR-Dixon other intangible assets been available on the acquisition date.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2144439 + Details
Name: | us-gaap_GoodwillDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration