Annual report pursuant to Section 13 and 15(d)

Organization, Basis of Presentation and Consolidation, and Significant Accounting Policies (Tables)

v3.22.4
Organization, Basis of Presentation and Consolidation, and Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Property and Equipment The estimated useful lives for significant components of property and equipment are as follows:
Computer equipment and purchased software
3-5 years
Equipment
 3-7 years
Furniture and fixtures
3-7 years
Property and equipment, net consisted of the following:
December 31,
2022 2021
(in thousands)
Computer equipment and purchased software $ 28,616  $ 59,326 
Equipment 723  3,301 
Furniture and fixtures 2,207  6,089 
Leasehold improvements 3,421  7,800 
Construction in progress 445  711 
Total 35,412  77,227 
Less: Accumulated depreciation and amortization (26,367) (66,100)
Total property and equipment, net $ 9,045  $ 11,127 
Schedule of Finite-Lived Intangible Assets Amortization is recorded using the straight-line method using estimated useful lives of the assets as shown below:
Customer relationships 9 years
Trade names 15 years
Databases 5 years
Developed software - for internal use
3 and 7 years
Favorable contracts
5-6 years
Intangible assets, net consisted of the following:
December 31, 2022
Gross Accumulated Amortization Net
(in thousands)
Customer relationships $ 427,033  $ (213,243) $ 213,790 
Trade names 105,401  (31,620) 73,781 
Developed software - for internal use 92,907  (50,224) 42,683 
Databases 3,876  (2,532) 1,344 
Total intangible assets, net $ 629,217  $ (297,619) $ 331,598 
December 31, 2021
Gross Accumulated Amortization Net
(in thousands)
Customer relationships $ 432,606  $ (167,885) $ 264,721 
Trade names 105,401  (24,594) 80,807 
Developed software - for internal use 80,854  (38,480) 42,374 
Databases 3,392  (1,811) 1,581 
Favorable contracts 1,497  (1,497) — 
Total intangible assets, net $ 623,750  $ (234,267) $ 389,483