Quarterly report pursuant to Section 13 or 15(d)

Internally Developed Software (Tables)

v3.22.2.2
Internally Developed Software (Tables)
 9 Months Ended
Sep. 30, 2022
Research and Development [Abstract]  
Schedule of Internally Developed Software, Net
Internally developed software, net consisted of the following:
    September 30, December 31,
  Estimated Useful Life 2022 2021
(in thousands)
Internally developed software 5 years $ 292,028  $ 225,380 
Less: accumulated amortization   (118,743) (91,721)
Internally developed software, net   $ 173,285  $ 133,659 
Schedule of Amortization Expense
Amortization expense was as follows:
  Three Months Ended Nine Months Ended
  September 30, September 30,
  2022 2021 2022 2021
(in thousands)
Amortization expense $ 9,441  $ 7,462  $ 27,022  $ 20,995