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Goodwill and Other Intangible Assets | 12 Months Ended
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Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets A summary of the activity in goodwill is presented below (in thousands):
Balance at December 31, 2018 | $ | 32,942 |
Effect of change in foreign currency exchange rates | 717 |
Balance at December 31, 2019 | 33,659 |
Effect of change in foreign currency exchange rates | (1,148) |
Balance at December 31, 2020 | $ | 32,511 |
The Company’s intangible assets are comprised of the following (in thousands):
| December 31, 2020
| Weighted-Average Life (in years) |  | Gross Carrying Value |  | Accumulated Amortization |  |  |  | Net Carrying Value
Finite-lived intangible assets: |  |  |  |  |  |  |  |  |
Developed technologies | 6.0 |  | $ | 12,692 |  |  | $ | (10,878) |  |  |  |  | $ | 1,814 |
Trademarks and trade names | 10.0 |  | 17,823 |  |  | (9,597) |  |  |  |  | 8,226 |
Customer relationships | 8.5 |  | 12,306 |  |  | (8,703) |  |  |  |  | 3,603 |
Capitalized software development costs | 3.3 |  | 47,818 |  |  | (31,051) |  |  |  |  | 16,767 |
Other | 2.5 |  | 3,389 |  |  | (2,791) |  |  |  |  | 598 |
Total finite-lived intangible assets |  |  | $ | 94,028 |  |  | $ | (63,020) |  |  |  |  | 31,008 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |
In-process capitalized software development costs |  |  |  |  |  |  |  |  | 20,479 |
Total intangible assets |  |  |  |  |  |  |  |  | $ | 51,487 |
| December 31, 2019
| Weighted-Average Life (in years) |  | Gross Carrying Value |  | Accumulated Amortization |  |  |  | Net Carrying Value
Finite-lived intangible assets: |  |  |  |  |  |  |  |  |
Developed technologies | 6.0 |  | $ | 13,076 |  |  | $ | (9,198) |  |  |  |  | $ | 3,878 |
Trademarks and trade names | 10.0 |  | 18,352 |  |  | (8,040) |  |  |  |  | 10,312 |
Customer relationships | 8.4 |  | 12,460 |  |  | (7,413) |  |  |  |  | 5,047 |
Capitalized software development costs | 3.6 |  | 19,375 |  |  | (6,570) |  |  |  |  | 12,805 |
Other | 2.4 |  | 2,986 |  |  | (1,790) |  |  |  |  | 1,196 |
Total finite-lived intangible assets |  |  | $ | 66,249 |  |  | $ | (33,011) |  |  |  |  | 33,238 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |
In-process capitalized software development costs |  |  |  |  |  |  |  |  | 11,154 |
Total intangible assets |  |  |  |  |  |  |  |  | $ | 44,392 |
Amortization expense for the years ended December 31, 2020 and 2019 was approximately $18.0 million and $9.7 million, respectively, including approximately $12.9 million and $4.1 million related to capitalized software development costs for the years ended December 31, 2020 and 2019, respectively. The Company recorded a $1.4 million impairment loss on intangible assets during the years ended December 31, 2020 and no impairment loss during the year ended December 31, 2019. The following table represents details of the amortization of finite-lived intangible assets that is estimated to be expensed in the future (in thousands):
2021 | 13,026 |
2022 | 7,390 |
2023 | 4,383 |
2024 | 3,937 |
2025 | 2,272 |
Total | $ | 31,008 |

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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