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GOODWILL AND INTANGIBLE ASSETS
 12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
Indefinite-Lived Intangible Assets
The following table summarizes information related to indefinite-lived intangible assets at December 31:
December 31,
(In Thousands)20232022
Trade Name$53,000 $53,000 
Goodwill296,061 296,061 
Indefinite-lived Intangible Assets$349,061 $349,061 
The following table provides information related to the carrying amount of the Company's goodwill by reporting unit:
(In Thousands)Progressive LeasingFourTotal
Balance at January 1, 2022
$288,801 $17,411 $306,212 
Impairment of Goodwill1
— (10,151)(10,151)
Balance at December 31, 2022
288,801 7,260 296,061 
Changes to Goodwill
— — — 
Balance at December 31, 2023
$288,801 $7,260 $296,061 
1 As of September 30, 2022, the Company determined the Four goodwill was partially impaired and recorded an impairment of goodwill of $10.2 million during the third quarter of 2022. For further details regarding the impairment, see Note 1.
Definite-Lived Intangible Assets
The following table summarizes information related to definite-lived intangible assets at December 31:
20232022
(In Thousands)GrossAccumulated
Amortization		NetGrossAccumulated
Amortization		Net
Acquired Internal-Use Software$14,000 $(14,000)$— $14,000 $(14,000)$— 
Technology72,550 (68,662)3,888 72,550 (61,262)11,288 
Merchant Relationships181,586 (147,104)34,482 181,586 (131,874)49,712 
Other Intangibles1
587 (293)294 587 (176)411 
Total$268,723 $(230,059)$38,664 $268,723 $(207,312)$61,411 
1 Other intangibles consists of the Four trade name.
Total amortization expense of definite-lived intangible assets included in operating expenses in the accompanying consolidated statements of earnings was $22.7 million, $22.9 million and $22.3 million during the years ended December 31, 2023, 2022 and 2021, respectively. As of December 31, 2023, estimated future amortization expense for the next five years related to definite-lived intangible assets is as follows:
(In Thousands) 
2024$17,889 
202516,001 
20264,774 
2027— 
2028—