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Intangible Assets and Goodwill (Tables)
12 Months Ended
Dec. 31, 2022
Intangible Assets and Goodwill  
Schedule of intangible assets

Weighted

    

Accumulated

Average 

Intangible

Amortization

Intangible 

Useful Life 

Assets,

And

Assets, 

    

(in years)

    

gross

    

Impairment

    

Net

Customer relationships

 

9.0

$

69,730

$

(15,079)

$

54,651

Acquired technology

 

5.0

 

37,932

(16,468)

 

21,464

Trademarks and tradenames

 

10.0

 

25,071

(5,724)

 

19,347

Non-compete agreements

3.0

619

(407)

212

Value of business acquired

1.0

400

(400)

Renewal rights

6.0

9,734

(2,113)

7,621

Insurance licenses

Indefinite

4,960

4,960

Total intangible assets

 

$

148,446

$

(40,191)

$

108,255

Weighted

    

    

    

Average 

Intangible

Intangible 

Useful Life 

Assets,

Accumulated 

Assets, 

    

(in years)

    

gross

    

Amortization

    

Net

Customer relationships

 

9.0

$

56,810

$

(6,760)

$

50,050

Acquired technology

 

5.0

 

48,135

(10,095)

 

38,040

Trademarks and tradenames

 

12.0

 

25,389

(2,587)

 

22,802

Non-compete agreements

2.0

450

(251)

199

Value of business acquired

1.0

400

(294)

106

Renewal rights

6.0

9,734

(811)

8,923

Trademarks and tradenames

Indefinite

4,750

4,750

Insurance licenses

Indefinite

4,960

4,960

Total intangible assets

 

$

150,628

$

(20,798)

$

129,830

Schedule of Estimated intangibles amortization expense

Estimated

Amortization

    

Expense

2023

$

19,992

2024

18,998

2025

 

15,140

2026

 

10,201

2027

 

9,090

Thereafter

 

29,874

$

103,295

Summary of changes in the carrying amount of goodwill

    

Goodwill

Balance as of January 1, 2020

$

18,274

Acquisitions

10,176

Divestitures

(161)

Balance as of December 31, 2020

28,289

Acquisitions

197,365

Balance as of December 31, 2021

225,654

Acquisitions

38,064

Impairment loss

(43,758)

Purchase price adjustments(1)

24,737

Balance as of December 31, 2022

$

244,697

(1) During the year ended December 31, 2022, the Company recorded an adjustment to the fair value of net assets previously acquired during the year ended December 31, 2021. See Note 12. Business Combinations and Disposals for more information.