Goodwill and Intangible Assets
|9 Months Ended|
Sep. 30, 2021
|Goodwill and Intangible Assets|
|Goodwill and Intangible Assets||
5. Goodwill and Intangible Assets
As of September 30, 2021 and December 31, 2020, the carrying value of goodwill was $244.7 million and $227.3 million, respectively. The total change in the carrying value of goodwill was primarily related to $17.1 million from the Meetrics acquisition. The remaining change in goodwill was deemed immaterial.
The following table summarizes the Company’s intangible assets and related accumulated amortization:
Amortization expense for the three months ended September 30, 2021 and September 30, 2020 is $4.6 million and $4.4 million, respectively. Amortization expense related to intangible assets amounted to $13.5 million and $13.4 million for the nine months ended September 30, 2021 and September 30, 2020, respectively.
Estimated future expected amortization expense of intangible assets as of September 30, 2021 is as follows:
The weighted-average remaining useful life by major asset classes as of September 30, 2021 is as follows:
There were no impairments identified during the nine months ended September 30, 2021 or September 30, 2020.
The entire disclosure for goodwill and intangible assets.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef