Goodwill, net (Tables)

6 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the six months ended June 30, 2024 and June 30, 2023 are as follows:

	Six Months Ended
	June 30, 2024			June 30, 2023
	(in thousands of USD)
Goodwill at January 1	$	843,298		$	884,052
Less: accumulated impairment losses		(64,122	)		—
Goodwill, net at January 1	$	779,176		$	884,052
Goodwill Activity:
Foreign currency translation adjustments		(14,523	)		(8,461	)
Goodwill disposed		(44,326	)		—
Accumulated impairment loss disposed		30,732			—
Goodwill, net at March 31	$	751,059		$	875,591
Goodwill at March 31	$	781,975		$	875,591
Less: accumulated impairment losses1		(30,916	)		—
Goodwill, net at March 31		751,059			875,591
Goodwill Activity:
Foreign currency translation adjustments		(9,752	)		(8,719	)
Goodwill disposed		—			(30,255	)
Accumulated impairment loss disposed		—			—
Goodwill, net at June 30	$	741,307		$	836,617
Goodwill at June 30	$	771,464		$	836,617
Less: accumulated impairment losses2		(30,157	)		—
Goodwill, net at June 30	$	741,307		$	836,617

1.Accumulated impairment losses as of March 31, 2024 include $31.7 million of impairment charges and $(0.8) million of cumulative translation adjustments (“CTA") charges.

2.Accumulated impairment losses as of June 30, 2024 include $31.7 million of impairment charges and $(1.5) million of CTA charges.