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GOODWILL AND LONG-LIVED ASSETS (Tables)
 3 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table summarizes goodwill activity by segment for the three months ended March 31, 2022 (in thousands):
North America
International (1)
Consolidated
Balance as of December 31, 2021$178,685 $37,708 $216,393 
Foreign currency translation— (638)(638)
Balance as of March 31, 2022$178,685 $37,070 $215,755 
(1)As of December 31, 2021, the International reporting unit had a negative carrying value.
During the first quarter 2022, we determined the impact to our business from the new variant of COVID-19 required us to evaluate our goodwill and long-lived assets for impairment. In order to evaluate goodwill and long-lived assets for impairment in the first quarter 2022, we compared the fair values of our two reporting units, North America and International, and asset groups to their carrying values. In determining the fair values of our reporting units and asset groups, we used the discounted cash flow method under the income approach that uses Level 3 inputs. The fair value of the reporting units and asset groups exceeded the carrying value; therefore, we concluded that goodwill and long-lived assets were not impaired for either of our reporting units during the first quarter 2022.
Schedule of Intangible Assets
The following table summarizes intangible assets as of March 31, 2022 and December 31, 2021 (in thousands):
March 31, 2022December 31, 2021
Gross Carrying ValueAccumulated AmortizationNet Carrying ValueGross Carrying ValueAccumulated AmortizationNet Carrying Value
Merchant relationships$19,420 $13,037 $6,383 $19,976 $12,554 $7,422 
Trade names9,533 8,260 1,273 9,604 8,215 1,389 
Patents12,856 5,893 6,963 12,455 5,712 6,743 
Other intangible assets17,558 9,376 8,182 17,573 8,817 8,756 
Total$59,367 $36,566 $22,801 $59,608 $35,298 $24,310 
Schedule of Estimated Future Amortization Expense As of March 31, 2022, estimated future amortization expense related to intangible assets is as follows (in thousands):
Remaining amounts in 2022$6,427 
20237,449 
20243,817 
20252,270 
20261,392 
Thereafter1,446 
Total$22,801