Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill [Line Items]

Schedule of Gross Amount, Accumulated Impairment Loss, and Carrying Amount of Goodwill

The following table presents the gross amount, accumulated impairment loss, and net carrying amount of goodwill as of December 31, 2023 and 2022 (in thousands):

			Accumulated			Net
	Gross Amount		Impairment Loss			Carrying Amount
Balance as of December 31, 2023		1,520,926		(103,202	)		1,417,724
Balance as of December 31, 2022	$	1,520,926	$	(25,797	)	$	1,495,129

Schedule of Changes in the Carrying Amount of Goodwill

Changes in the net carrying amount of goodwill were as follows during the year ended December 31, 2022 (in thousands):

	Net Carrying
	Amount
Balance as of December 31, 2021	$	1,466,884
Acquisition of Safekeep, Inc.		28,245
Balance as of December 31, 2022	$	1,495,129
Impairment		(77,405	)
Balance as of December 31, 2023	$	1,417,724

Summary of Intangible Assets Balance

The intangible assets balance as of December 31, 2023, is reflected below (in thousands):

		Weighted-
		Average
	Estimated	Remaining		Gross					Net
	Useful Life	Useful Life		Carrying		Accumulated			Carrying
	(Years)	(Years)		Amount		Amortization			Amount
Intangible assets:
Customer relationships	16–18		11.3	$	1,291,830	$	(479,054	)	$	812,776
Acquired technologies	3–7		1.7		184,640		(172,840	)		11,800
Subtotal					1,476,470		(651,894	)		824,576
Trademarks—indefinite life					190,470		—			190,470
Total intangible assets				$	1,666,940	$	(651,894	)	$	1,015,046

The intangible assets balance as of December 31, 2022, is reflected below (in thousands):

		Weighted-
		Average
	Estimated	Remaining		Gross					Net
	Useful Life	Useful Life		Carrying		Accumulated			Carrying
	(Years)	(Years)		Amount		Amortization			Amount
Intangible assets:
Customer relationships	16–18		12.3	$	1,299,750	$	(410,095	)	$	889,655
Acquired technologies	3–7		1.8		187,950		(149,256	)		38,694
Subtotal					1,487,700		(559,351	)		928,349
Trademarks—indefinite life					190,470		—			190,470
Total intangible assets				$	1,678,170	$	(559,351	)	$	1,118,819

Schedule of Future Amortization Expense for Intangible Assets

Future amortization expense for each of the next five years and thereafter for intangible assets as of December 31, 2023, is as follows (in thousands):

Years Ending December 31:
2024	$	80,768
2025		72,454
2026		72,454
2027		72,454
2028		72,454
Thereafter		453,992
Total	$	824,576