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Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Changes in Carrying Value of Goodwill

The changes in the carrying value of goodwill were as follows:

Balance at December 31, 2020		$	29,129
CarOffer acquisition (1)			127,500
Foreign currency translation adjustment			(922	)
Balance at September 30, 2021		$	155,707

(1)See Note 4 of the Unaudited Condensed Consolidated Financial Statements included elsewhere in this Quarterly Report.

Summary of Other Intangible Assets

Intangible assets as of September 30, 2021 and December 31, 2020 consist of the following:

		At September 30, 2021
		Weighted Average Remaining Useful Life (years)				Gross Carrying Amount				Accumulated Amortization				Net Carrying Amount
Brand			9.6			$	32,338			$	3,444			$	28,894
Customer relationships			2.2				19,871				5,660				14,211
Developed technology			2.3				65,212				15,896				49,316
Total						$	117,421			$	25,000			$	92,421
		At December 31, 2020
		Weighted Average Remaining Useful Life (years)				Gross Carrying Amount				Accumulated Amortization				Net Carrying Amount
Brand			8.4			$	9,405			$	1,235			$	8,170
Customer relationships			1.6				1,886				938				948
Developed technology			1.0				2,213				469				1,744
Total						$	13,504			$	2,642			$	10,862

Summary of Estimated Amortization Expense of Intangible Assets

Estimated amortization expense of intangible assets for future periods as of September 30, 2021 is as follows:

Year Ending December 31,		Amortization Expense
Remainder of 2021		$	7,874
2022			31,078
2023			30,350
2024			4,144
2025			3,052
2026			3,052
Thereafter			12,871
Total		$	92,421

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Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

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-Publisher FASB
-Name Accounting Standards Codification
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Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

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Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

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