Intangible Assets and Goodwill (Tables)

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Goodwill

The table below summarizes the Company’s intangible assets at March 31, 2023 and December 31, 2022 (in thousands):

	Useful Life (Years)	Weighted Average Remaining Life (Years)	March 31, 2023
			Intangible Assets		Accumulated Amortization		Net Balance
Customer relationships	2	0.7	$	32,597	$	(29,624)	$	2,973
Trade names	2 - 9	5.9	38,849		(13,167)		25,682
Software and technology	3 - 9	5.7	204,188		(65,438)		138,750
Total			$	275,634	$	(108,229)	$	167,405

	Useful Lives (Years)	Weighted Average Remaining Life (Years)	December 31, 2022
			Intangible Assets		Accumulated Amortization		Net Balance
Customer relationships	2	1.2	$	32,433	$	(28,421)	$	4,012
Trade names	2 - 9	6.2	38,837		(12,018)		26,819
Software and technology	3 - 9	5.8	200,222		(59,221)		141,001
Total			$	271,492	$	(99,660)	$	171,832

Finite-lived Intangible Assets Amortization Expense

The estimated future amortization expense associated with intangible assets, net is as follows (in thousands):

Year ended December 31,	Future Amortization
2023	$	31,222
2024	28,819
2025	27,001
2026	24,969
2027	24,651
Thereafter	30,743
Total	$	167,405

Schedule of Goodwill

The following table is a summary of the changes to goodwill for the three months ended March 31, 2023 (in thousands):

Balance - December 31, 2022	$	618,506
Foreign currency translation adjustment	2,392
Balance - March 31, 2023	$	620,898