Goodwill and other intangible assets

3 Months Ended

Mar. 31, 2024

The change in the carrying amount of goodwill was as follows:


	Three Months Ended March 31,
		2024		2023
		(in thousands)
Goodwill, beginning of period		$	887,121	$	856,925
Measurement period adjustments		—		339
Foreign currency translation adjustment		(2,080)		5,483
Goodwill, end of period		$	885,041	$	862,747

The gross carrying amount and accumulated amortization of intangible assets other than goodwill were as follows:


	March 31, 2024
	Useful Life	Gross Carrying Value		Accumulated Amortization		Foreign Currency Translation		Net Carrying Value		Weighted‑ Average Remaining Useful Life
	(in thousands)
Trademarks	3 - 8 years	$	34,700	$	27,735	$	(36)	$	6,929	1.6 years
Customer relationships	5 ‑ 12 years	257,308		125,058		(1,948)		130,302		6.0 years
Developed technology	5 - 6.5 years	84,647		39,524		(5,453)		39,670		3.7 years
Non‑competes	2.5 - 3 years	3,099		2,380		(169)		550		1.6 years
Order backlog	2.5 years	3,800		3,800		(198)		(198)		0.0 years
Total intangible assets		$	383,554	$	198,497	$	(7,804)	$	177,253


	December 31, 2023
	Useful Life	Gross Carrying Value		Accumulated Amortization		Foreign Currency Translation		Net Carrying Value		Weighted‑ Average Remaining Useful Life
	(in thousands)
Trademarks	3 - 8 years	$	34,700	$	26,630	$	(35)	$	8,035	1.8 years
Customer relationships	5 ‑ 12 years	257,308		119,396		(1,781)		136,131		6.2 years
Developed technology	5 - 6.5 years	84,647		36,235		(5,148)		43,264		3.9 years
Non‑competes	2.5 - 3 years	3,099		2,267		(172)		660		1.8 years
Order backlog	2.5 years	3,800		3,800		(199)		(199)		0.0 years
Total intangible assets		$	383,554	$	188,328	$	(7,335)	$	187,891

Amortization expense was $10.2 million and $10.5 million for the three months ended March 31, 2024 and 2023, respectively.

There were no impairments to goodwill or intangible assets during the three months ended March 31, 2024 and 2023.