XML 57 R39.htm IDEA: XBRL DOCUMENT
v3.24.0.1

GOODWILL AND INTANGIBLE ASSETS, NET (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
GOODWILL AND INTANGIBLE ASSETS, NET [Abstract] |
Changes in Goodwill | The following table represents the changes in the carrying amounts of the Company’s total goodwill:
|  | Carrying Amount |
Balance as of December 31, 2021 |  | $ | 550,380 |
Purchase accounting adjustment (1) |  |  | (374 | )
Additions from acquisition (2) |  |  | 5,863 |
Balance as of December 31, 2022 |  |  | 555,869 |
Purchase accounting adjustment (2) |  |  | 62 |
Balance as of December 31, 2023 |  | $ | 555,931 |
__________________________________________
| (1) | Related to the Connexity acquisition.
| (2) | Related to the Gravity R&D acquisition.
Definite-Lived Intangible Assets, Net | Definite-lived intangible assets, net consist of the following:
December 31, 2023 |  | Gross Fair Value |  |  | Accumulated Amortization |  |  | Net Book Value |  |  | Weighted-Average Remaining Useful Life (In years) |
Merchant/Network affiliate relationships |  | $ | 146,547 |  |  | $ | (75,987 | ) |  | $ | 70,560 |  |  |  | 2.17 |
Technology |  |  | 74,193 |  |  |  | (43,535 | ) |  |  | 30,658 |  |  |  | 2.67 |
Publisher relationships |  |  | 42,933 |  |  |  | (25,044 | ) |  |  | 17,889 |  |  |  | 1.67 |
Tradenames |  |  | 24,097 |  |  |  | (18,739 | ) |  |  | 5,358 |  |  |  | 0.67 |
Customer relationship |  |  | 13,146 |  |  |  | (12,353 | ) |  |  | 793 |  |  |  | 2.76 |
Total |  | $ | 300,916 |  |  | $ | (175,658 | ) |  | $ | 125,258 |  |  |  |  |
December 31, 2022 |  | Gross Fair Value |  |  | Accumulated Amortization |  |  | Net Book Value |  |  | Weighted-Average Remaining Useful Life (In years) |
Merchant/Network affiliate relationships |  | $ | 146,547 |  |  | $ | (43,421 | ) |  | $ | 103,126 |  |  |  | 3.17 |
Technology |  |  | 74,193 |  |  |  | (32,042 | ) |  |  | 42,151 |  |  |  | 3.66 |
Publisher relationships |  |  | 42,933 |  |  |  | (14,311 | ) |  |  | 28,622 |  |  |  | 2.67 |
Tradenames |  |  | 24,097 |  |  |  | (10,689 | ) |  |  | 13,408 |  |  |  | 1.67 |
Customer relationship |  |  | 13,156 |  |  |  | (11,307 | ) |  |  | 1,849 |  |  |  | 2.66 |
Total |  | $ | 300,926 |  |  | $ | (111,770 | ) |  | $ | 189,156 |  |  |  |  |
Estimated Future Amortization Expense of Other Intangible Assets | The estimated future amortization expense of definite-lived intangible assets as of December 31, 2023, is as follows:
Year Ending December 31, |  |  |
2024 |  | $ | 60,518 |
2025 |  |  | 51,407 |
2026 |  |  | 13,244 |
2027 |  |  | 89 |
Total |  | $ | 125,258 |

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 Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 24 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482548/350-20-55-24 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (h) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1A Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-2 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration