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Goodwill
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill
Note 5 — Goodwill
Goodwill consists of the following:
As of December 31,
20222021
(in thousands)
Balance, January 1$210,038 $215,936 
Foreign currency translation adjustments(7,330)(5,898)
Balance, December 31$202,708 $210,038 
The Company reviews goodwill annually for potential impairment and determined that the fair value of goodwill exceeded the carrying value for each of the years ended December 31, 2022, 2021 and 2020.