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Goodwill and Intangible Assets

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill and Intangible Assets

Goodwill consists of the following (in thousands):

			Years Ended December 31,
			2022						2021
Beginning balance			$	289,763					$	285,214
Additions due to acquisitions			367,376						5,782
Foreign currency translation adjustment			(42,907)						(707)
Measurement period adjustments related to prior acquisitions(1)			861						(526)
Ending balance			$	615,093					$	289,763

(1) For further information, see Note 8, “Acquisition.”

Intangible assets as of December 31, 2022 and December 31, 2021 consist of the following (in thousands, except weighted-average amortization period):

			December 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					$	(44,410)					$	(5,751)					$	56,542
Content libraries			60						12,230						(9,279)						—						2,951
Customer lists			35						34,190						(22,074)						(1,318)						10,798
Trade and domain names			52						16,213						(11,225)						(546)						4,442
Indefinite-lived trade name			—						3,600						—						—						3,600
Total intangible assets			67						$	172,936					$	(86,988)					$	(7,615)					$	78,333

			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 libraries			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			65						$	101,154					$	(60,588)					$	—					$	40,566

During the years ended December 31, 2022, 2021 and 2020, amortization expense related to our intangible assets totaled approximately $25.9 million, $13.7 million and $14.3 million, respectively.

As of December 31, 2022, the estimated future amortization expense related to our intangible assets is as follows (in thousands):

2023			$	23,978
2024			13,286
2025			11,195
2026			10,848
2027			8,692
Thereafter			6,734
Total			$	74,733

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- References

No definition available.

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- 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 https://asc.fasb.org/topic&trid=2144416

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