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Goodwill and intangible assets
3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Goodwill and intangible assets

Note 3: Goodwill and intangible assets

There were no changes to the carrying amount of goodwill in the three months ended March 31, 2021. Changes in the carrying amount of intangible assets were as follows:

 

       
            March 31, 2021      December 31, 2020  
     

Useful Lives

(in years)

     Gross
amount
     Accum.
amort
    Net
amount
     Gross
amount
     Accum.
amort
    Net
amount
 

Trademarks

     indefinite      $ 50,000      $     $ 50,000      $ 50,000      $     $ 50,000  

Customer relationships

     4        75,000        (71,875     3,125        75,000        (67,187     7,813  

Purchased technology

     5        45,423        (35,314     10,109        45,423        (33,149     12,274  

Development costs

     3        9,486        (8,884     602        9,486        (8,434     1,052  

Software

     4        2,406        (2,308     98        2,406        (2,181     225  
  

 

 

 

Total

      $ 182,315      $ (118,381   $ 63,934      $ 182,315      $ (110,951   $ 71,364  

 

   

 

 

 

The following reflects amortization expense related to intangible assets included with depreciation and amortization:

 

   
     Three months ended
March 31,
 
      2021      2020  

Amortization expense

   $ 7.4 million      $ 7.9 million  

 

 

Note 3: Goodwill and intangible assets

The majority of our intangible assets consist of assets acquired through the 2017 acquisition of DDI-US. There were no changes to the carrying value of goodwill during 2020 or 2019. The components of our other intangible assets were as follows (in thousands):

 

       
            December 31, 2020      December 31, 2019  
      Useful
Lives
    

Gross

Amount

    

Accum.

Amort

   

Net

Amount

    

Gross

Amount

    

Accum.

Amort

   

Net

Amount

 

Trademarks

     indefinite      $ 50,000      $     $ 50,000      $ 50,000      $     $ 50,000  

Customer relationships

     4 years        75,000        (67,187     7,813        75,000        (48,437     26,563  

Purchased technology

     5 years        45,423        (33,149     12,274        45,423        (24,487     20,936  

Development costs

     3 years        9,486        (8,434     1,052        9,486        (5,096     4,390  

Software

     4 years        2,406        (2,181     225        2,400        (1,592     808  
  

 

 

    

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Total

      $ 182,315      $ (110,951   $ 71,364      $ 182,309      $ (79,612   $ 102,697  

 

 

On January 1, 2019, we determined, based on a strategic decision to sunset certain games within our game portfolio, to change the useful life of our development costs from 5 years to 3 years. This change in estimate resulted in incremental amortization expense of $2.8 million in 2019.

Amortization expense for the years ended December 31, 2020 and 2019 totaled $31.3 million and $33.1 million, respectively.

Estimated amortization expense for the years ending December 31, 2021 through 2025 is as follows (in thousands):

 

   
Year    Expense  

2021

   $ 17,735  

2022

     3,629  

2023

     0  

2024

     0  

2025

     0