Goodwill and Other Intangible Assets

12 Months Ended

Dec. 31, 2024

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets

6. Goodwill and Other Intangible Assets

The Company reports all of its goodwill in the Debit and Credit segment at December 31, 2024 and 2023. The Company completed its goodwill impairment testing as of October 1, 2024 and did not identify any goodwill impairment during the years ended December 31, 2024 and 2023.

Intangible assets consist of customer relationships, acquired technology, and trademarks. There were no impairments of the Company’s amortizable intangible assets for the years ended December 31, 2024 and 2023.

At December 31, 2024 and 2023, intangible assets, excluding goodwill, were comprised of the following:

		December 31, 2024						December 31, 2023
	Weighted Average			Accumulated		Net Book				Accumulated		Net Book
	Life (Years)	Cost		Amortization		Value		Cost		Amortization		Value
Customer relationships	17.2	$	55,454	$	(45,248)	$	10,206	$	55,454	$	(41,971)	$	13,483
Acquired technology	10.0		7,101		(7,101)		—		7,101		(6,967)		134
Trademarks	8.7		3,330		(3,044)		286		3,330		(2,825)		505
Intangible assets subject to amortization		$	65,885	$	(55,393)	$	10,492	$	65,885	$	(51,763)	$	14,122

The estimated future aggregate amortization expense for the identified amortizable intangibles noted above as of December 31, 2024 was as follows:

2025	$	3,440
2026		2,471
2027		1,947
2028		1,580
2029		1,054
	$	10,492