Quarterly report pursuant to Section 13 or 15(d)

Internally Developed Software (Tables)

v3.21.1
Internally Developed Software (Tables)
 3 Months Ended
Mar. 31, 2021
Research and Development [Abstract]  
Schedule of components of internally developed software, net
Internally developed software, net consisted of the following:
    March 31, December 31,
  Estimated Useful Life 2021 2020
(in thousands)
Internally developed software 5 years $ 174,677  $ 159,619 
Less: accumulated amortization   (69,389) (63,118)
Internally developed software, net   $ 105,288  $ 96,501 
Schedule of amortization expense
Amortization expense was as follows:
  Three Months Ended
  March 31,
  2021 2020
(in thousands)
Amortization expense $ 6,271  $ 3,608