Quarterly report pursuant to Section 13 or 15(d)

Internally Developed Software (Tables)

v3.22.1
Internally Developed Software (Tables)
 3 Months Ended
Mar. 31, 2022
Research and Development [Abstract]  
Schedule of Internally Developed Software, Net
Internally developed software, net consisted of the following:
    March 31, December 31,
  Estimated Useful Life 2022 2021
(in thousands)
Internally developed software 5 years $ 247,229  $ 225,380 
Less: accumulated amortization   (100,215) (91,721)
Internally developed software, net   $ 147,014  $ 133,659 
Schedule of Amortization Expense
Amortization expense was as follows:
  Three Months Ended
  March 31,
  2022 2021
(in thousands)
Amortization expense $ 8,494  $ 6,271