XML 23 R13.htm IDEA: XBRL DOCUMENT
v3.22.1

Goodwill and Intangible Assets | 3 Months Ended
--- | ---
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill consists of the following (in thousands):
| Three Months Ended March 31, 2022 |  |
Beginning balance | $ | 289,763 |  |  |
Additions due to acquisitions | 367,376 |  |  |
Foreign currency translation adjustment | (15,855) |  |  |
Ending balance | $ | 641,284 |  |  |
Intangible assets consist of the following (in thousands, except weighted-average amortization period):
| March 31, 2022
| Weighted-Average Amortization Period (in months) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Foreign Currency Translation Adjustment |  | Net Carrying Amount
Developed technologies | 80 |  | $ | 106,703 |  |  | $ | (34,921) |  |  | $ | (2,165) |  |  | $ | 69,617 |
Content libraries | 60 |  | 12,230 |  |  | (7,447) |  |  | — |  |  | 4,783 |
Customer lists | 35 |  | 34,190 |  |  | (14,756) |  |  | (772) |  |  | 18,662 |
Trade and domain names | 52 |  | 16,213 |  |  | (9,993) |  |  | (197) |  |  | 6,023 |
Indefinite-lived trade name | — |  |  | 3,600 |  |  | — |  |  | — |  |  | 3,600 |
Total intangible assets, net | 67 |  | $ | 172,936 |  |  | $ | (67,117) |  |  | $ | (3,134) |  |  | $ | 102,685 |
| December 31, 2021
| Weighted-Average Amortization Period (in months) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Foreign Currency Translation Adjustment |  | Net Carrying Amount
Developed technologies | 76 |  | $ | 57,521 |  |  | $ | (31,790) |  |  | $ | — |  |  | $ | 25,731 |
Content library | 60 |  | 12,230 |  |  | (6,836) |  |  | — |  |  | 5,394 |
Customer lists | 47 |  | 16,190 |  |  | (12,432) |  |  | — |  |  | 3,758 |
Trade and domain names | 44 |  | 11,613 |  |  | (9,530) |  |  | — |  |  | 2,083 |
Indefinite-lived trade name | — |  |  | 3,600 |  |  | — |  |  | — |  |  | 3,600 |
Total intangible assets, net | 65 |  | $ | 101,154 |  |  | $ | (60,588) |  |  | $ | — |  |  | $ | 40,566 |
During the three months ended March 31, 2022 and 2021, amortization expense related to our finite-lived intangible assets totaled approximately $6.4 million and $4.4 million, respectively. As of March 31, 2022, the estimated future amortization expense related to our finite-lived intangible assets is as follows (in thousands):
Remaining nine months of 2022 | $ | 20,402 |
2023 | 25,203 |
2024 | 13,858 |
2025 | 11,744 |
2026 | 11,396 |
Thereafter | 16,482 |
Total | $ | 99,085 |

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 The entire disclosure for goodwill and 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
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration