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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Change in Carrying Amount of Goodwill

The change in the carrying amount of goodwill for the six months ended June 30, 2021 is summarized as follows (in thousands):

 

Total

 

Balance at December 31, 2020

$

247,211

 

Translation adjustments

 

(976

)

Balance at June 30, 2021

$

246,235

 

 

Summary of Carrying Values of Finite-Lived Intangible Assets

The carrying values of finite-lived intangible assets are as follows (in thousands):

 

 

June 30, 2021

 

 

Gross

 

 

 

 

 

Net

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Amount

 

 

Amortization

 

 

Amount

 

Amortizable intangible assets:

 

 

 

 

 

 

 

 

Customer relationships

$

78,398

 

 

$

21,537

 

 

$

56,861

 

Technology

 

16,807

 

 

 

11,834

 

 

 

4,973

 

Trademarks

 

12,472

 

 

 

4,316

 

 

 

8,156

 

Total

$

107,677

 

 

$

37,687

 

 

$

69,990

 

 

 

December 31, 2020

 

 

Gross

 

 

 

 

 

Net

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Amount

 

 

Amortization

 

 

Amount

 

Amortizable intangible assets:

 

 

 

 

 

 

 

 

Customer relationships

$

78,450

 

 

$

17,277

 

 

$

61,173

 

Technology

 

16,956

 

 

 

10,197

 

 

 

6,759

 

Trademarks

 

12,495

 

 

 

2,432

 

 

 

10,063

 

Total

$

107,901

 

 

$

29,906

 

 

$

77,995

 

Summary of Estimated Intangible Assets Amortization Expense

Estimated intangible asset amortization expense for each of the five succeeding years is as follows (in thousands):

 

2021 (remainder)

$

7,259

 

2022

 

13,195

 

2023

 

11,951

 

2024

 

9,908

 

2025

 

8,882

 

Thereafter

 

18,795

 

Total

$

69,990