Quarterly report pursuant to Section 13 or 15(d)

Internally Developed Software (Tables)

v3.22.2
Internally Developed Software (Tables)
 6 Months Ended
Jun. 30, 2022
Research and Development [Abstract]  
Schedule of Internally Developed Software, Net
Internally developed software, net consisted of the following:
    June 30, December 31,
  Estimated Useful Life 2022 2021
(in thousands)
Internally developed software 5 years $ 269,053  $ 225,380 
Less: accumulated amortization   (109,302) (91,721)
Internally developed software, net   $ 159,751  $ 133,659 
Schedule of Amortization Expense
Amortization expense was as follows:
  Three Months Ended Six Months Ended
  June 30, June 30,
  2022 2021 2022 2021
(in thousands)
Amortization expense $ 9,087  $ 7,262  $ 17,581  $ 13,533