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GOODWILL AND INTANGIBLE ASSETS, NET (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill by Reportable Segment
Goodwill by reportable segment was as follows:
North AmericaEuropeTotal
Balance as of January 1, 2023
$216,960 $312,112 $529,072 
2023 Acquisitions24,477 — 24,477 
2022 Acquisitions purchase accounting adjustments— 87 87 
Effect of net foreign currency exchange rate changes423 8,400 8,823 
Balance as of December 31, 2023
$241,860 $320,599 $562,459 
NEORIS acquisition333,538 73,218 406,756 
First Derivative acquisition35,793 134,650 170,443 
Other 2024 Acquisitions40,529 12,926 53,455 
2023 Acquisitions purchase accounting adjustments861 — 861 
Effect of net foreign currency exchange rate changes(515)(11,884)(12,399)
Balance as of December 31, 2024
$652,066 $529,509 $1,181,575 
Schedule of Components of Intangible Assets
Intangible assets other than goodwill as of December 31, 2024 and 2023 were as follows:
As of December 31, 2024
Weighted average life at acquisition (in years)Gross carrying amountAccumulated amortizationNet 
carrying amount
Customer relationships8$547,552 $(128,148)$419,404 
Trade names526,468 (10,017)16,451 
Software55,942 (5,656)286 
Contract royalties81,900 (1,623)277 
Total
$581,862 $(145,444)$436,418 
As of December 31, 2023
Weighted average life at acquisition (in years)Gross carrying amountAccumulated amortizationNet 
carrying amount
Customer relationships8$171,735 $(103,651)$68,084 
Trade names410,798 (9,588)1,210 
Software66,134 (4,825)1,309 
Contract royalties81,900 (1,385)515 
Total
$190,567 $(119,449)$71,118 
Schedule of Intangible Assets Amortization Expense Recognized
The following table presents amortization expense recognized for the periods indicated:
For the Years Ended December 31,
202420232022
Customer relationships$26,798 $19,855 $18,946 
Trade names1,437 1,522 1,909 
Software1,002 1,102 1,086 
Contract royalties238 238 238 
Assembled workforce— — 44 
Total
$29,475 $22,717 $22,223 
Schedule of Estimated Amortization Expense
Based on the carrying value of the Company’s existing intangible assets as of December 31, 2024, the estimated amortization expense for the future years is as follows:
Year ending December 31,Amount
2025$68,591 
202664,529 
202760,519 
202854,424 
202952,367 
Thereafter135,988 
Total
$436,418