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Goodwill and Acquired Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2022
Goodwill and Acquired Intangible Assets, Net [Abstract]  
Schedule of intangible assets

 

 

As of December 31, 2022

 

As of December 31, 2021

(in thousands)

 

Gross Carrying Amount

 

Accumulated Amortization

 

Gross Carrying Amount

 

Accumulated Amortization

Customer relationships

 

$

279,055

 

 

$

(116,986

)

 

$

176,024

 

 

$

(103,713

)

Trademarks and trade names

 

43,942

 

 

(33,733

)

 

45,445

 

 

(32,596

)

Software

 

54,584

 

 

(48,394

)

 

60,118

 

 

(47,485

)

Non-compete agreements

 

9,931

 

 

(124

)

 

1,260

 

 

(1,260

)

     Total

 

$

387,512

 

 

$

(199,237

)

 

$

282,847

 

 

$

(185,054

)
Schedule of goodwill and amortizable intangible assets

(in thousands)

 

Acquired Intangible Assets

 

Goodwill

 

Total Intangible Assets

Balance as of January 1, 2021

 

$

121,883

 

 

$

665,821

 

 

$

787,704

 

Increases (decreases):

 

 

 

 

 

 

 

 

 

Amortization

 

(23,059

)

 

 

 

(23,059

)

Other (primarily changes in foreign currency exchange rates)

 

(1,031

)

 

(24,216

)

 

(25,247

)

Balance as of December 31, 2021

 

97,793

 

 

641,605

 

 

739,398

 

Increases (decreases):

 

 

 

 

 

 

Acquisitions (see footnote 6)
124,755

224,296

349,051

Amortization

 

(26,990

)

 

 

 

(26,990

)

Other (primarily changes in foreign currency exchange rates)

 

(7,283

)

 

(37,557

)

 

(44,840

)

Balance as of December 31, 2022

 

$

188,275

 

 

$

828,344

 

 

$

1,016,619