Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Change in Carrying Amount of Goodwill

The change in the carrying amount of goodwill for the three months ended March 31, 2024 is summarized as follows (in thousands):

	Total
Balance at December 31, 2023	$	244,257
Translation adjustments		(1,229	)
Balance at March 31, 2024	$	243,028

Summary of Carrying Values of Finite-Lived Intangible Assets

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

	March 31, 2024
	Gross				Net
	Carrying		Accumulated		Carrying
	Amount		Amortization		Amount
Amortizable intangible assets:
Customer relationships	$	77,626	$	44,183	$	33,443
Technology		16,290		15,881		409
Trademarks		12,484		11,263		1,221
Total	$	106,400	$	71,327	$	35,073

	December 31, 2023
	Gross				Net
	Carrying		Accumulated		Carrying
	Amount		Amortization		Amount
Amortizable intangible assets:
Customer relationships	$	77,640	$	42,091	$	35,549
Technology		16,524		15,950		574
Trademarks		12,519		11,005		1,514
Total	$	106,683	$	69,046	$	37,637

Summary of Estimated Intangible Assets Amortization Expense

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

2024 (remainder)	$	7,401
2025		8,875
2026		8,392
2027		8,324
2028		2,081
Total	$	35,073