Quarterly report pursuant to Section 13 or 15(d)

Internally Developed Software (Tables)

v3.21.2
Internally Developed Software (Tables)
 6 Months Ended
Jun. 30, 2021
Research and Development [Abstract]  
Schedule of components of internally developed software, net
Internally developed software, net consisted of the following:
    June 30, December 31,
  Estimated Useful Life 2021 2020
(in thousands)
Internally developed software 5 years $ 191,421  $ 159,619 
Less: accumulated amortization   (76,651) (63,118)
Internally developed software, net   $ 114,770  $ 96,501 
Schedule of amortization expense
Amortization expense was as follows:
  Three Months Ended Six Months Ended
  June 30, June 30,
  2021 2020 2021 2020
(in thousands)
Amortization expense $ 7,262  $ 4,334  $ 13,533  $ 7,942