v3.22.2.2
GOODWILL AND INTANGIBLE ASSETS
9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
Goodwill

Changes in the carrying value of goodwill, by reporting segment, were as follows (in thousands):

Brand DirectMarketplaceTechnology SolutionsTotal
Balance, December 31, 2021$18,376 $54,554 $3,628 $76,558 
Additions (Note 6)— — 716 716 
Miscellaneous changes(55)— — (55)
Balance, September 30, 2022$18,321 $54,554 $4,344 $77,219 

The carrying amount of goodwill for all reporting units had no accumulated impairments as of September 30, 2022 and December 31, 2021.

Intangible assets, net

Finite-lived intangible assets, net consisted of the following (in thousands):
September 30, 2022December 31, 2021
Amortization
Period (Years)
GrossAccumulated
Amortization
NetGrossAccumulated
Amortization
Net
Technology
3 to 5
$54,336 $(37,149)$17,187 $51,946 $(29,929)$22,017 
Customer relationships
2 to 9
49,423 (19,209)30,214 49,273 (13,076)36,197 
Brand
1 to 7
12,168 (5,821)6,347 12,109 (4,575)7,534 
Non-competition agreements
3
1,898 (1,821)77 1,898 (1,418)480 
Total$117,825 $(64,000)$53,825 $115,226 $(48,998)$66,228 

The weighted average amortization period for intangible assets is 4 years in total, and by category is 4 years for technology, 6 years for customer relationships, 4 years for brand, 3 years for non-competition agreements.

Amortization expense relating to intangible assets subject to amortization for each of the next five years and thereafter is estimated to be as follows (in thousands):
20222023202420252026Thereafter
Amortization expense$4,719 $16,890 $14,311 $7,114 $6,368 $4,423 

Amortization expense for finite-lived intangible assets is recorded on an accelerated straight-line basis. Amortization expense related to finite-lived intangible assets was $5.0 million and $15.0 million for the three and nine months ended September 30, 2022, respectively, and $5.5 million and $15.4 million for the three and nine months ended September 30, 2021, respectively.