XML 49 R32.htm IDEA: XBRL DOCUMENT v3.24.0.1
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Value of Goodwill

As of December 31, 2023, changes in the carrying value of goodwill are as follows:

 

 

U.S. Marketplace

 

 

Digital Wholesale

 

 

Other

 

 

Total

 

Balance as of December 31, 2022

$

12,477

 

 

$

130,451

 

 

$

14,539

 

 

$

157,467

 

Foreign currency translation adjustment

 

 

 

 

 

 

 

431

 

 

 

431

 

Balance as of December 31, 2023

$

12,477

 

 

$

130,451

 

 

$

14,970

 

 

$

157,898

 

Summary of Other Intangible Assets

As of December 31, 2023 and 2022, intangible assets consist of the following:

 

 

 

As of December 31, 2023

 

 

 

Weighted
Average
Remaining
Useful Life
(years)

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Accumulated Impairment

 

 

Net Carrying
Amount

 

Brand

 

 

7.4

 

 

$

32,193

 

 

$

10,262

 

 

$

 

 

$

21,931

 

Customer relationships

 

 

0.0

 

 

 

19,870

 

 

 

19,620

 

 

 

 

 

 

250

 

Developed technology

 

 

0.0

 

 

 

65,212

 

 

 

63,690

 

 

 

647

 

 

 

875

 

Total

 

 

 

 

$

117,275

 

 

$

93,572

 

 

$

647

 

 

$

23,056

 

 

 

 

As of December 31, 2022

 

 

 

Weighted
Average
Remaining
Useful Life
(years)

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Accumulated Impairment

 

 

Net Carrying
Amount

 

Brand

 

 

8.4

 

 

$

32,129

 

 

$

7,227

 

 

$

 

 

$

24,902

 

Customer relationships

 

 

1.0

 

 

 

19,870

 

 

 

13,609

 

 

 

 

 

 

6,261

 

Developed technology

 

 

1.0

 

 

 

65,212

 

 

 

42,674

 

 

 

647

 

 

 

21,891

 

Total

 

 

 

 

$

117,211

 

 

$

63,510

 

 

$

647

 

 

$

53,054

 

Summary of Estimated Amortization Expense of Intangible Assets

As of December 31, 2023, estimated amortization expense of intangible assets for future periods is as follows:

 

Year Ending December 31,

 

Amortization
Expense

 

2024

 

 

4,162

 

2025

 

 

3,037

 

2026

 

 

3,037

 

2027

 

 

3,037

 

2028

 

 

3,037

 

Thereafter

 

 

6,746

 

Total

 

$

23,056