Goodwill and Intangible Assets

6 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

NOTE 4 – Goodwill and Intangible Assets

The table below sets forth the changes in goodwill:

Balance at December 31, 2023	$	146,558
Acquisition		978
Foreign currency translation adjustment		(1,941	)
Balance at June 30, 2024	$	145,595

The table below sets forth the value of intangible assets, other than goodwill:

	June 30,			December 31,
	2024			2023
Intangible assets subject to amortization:
Gross carrying amount	$	252,110		$	250,747
Accumulated amortization		(195,484	)		(187,820	)
Foreign currency translation adjustment		(8,331	)		(8,170	)
Total intangible assets subject amortization		48,295			54,757
Intangible assets with indefinite lives:
Gross carrying amount		10,303			10,303
Foreign currency translation adjustment		(1,207	)		(1,123	)
Total intangible assets with indefinite lives		9,096			9,180
Total intangible assets, net	$	57,391		$	63,937

The table below sets forth amortization expense related to intangible assets subject to amortization:

Amortization expense	2024		2023
Three Months Ended June 30,	$	3,854	$	3,816
Six Months Ended June 30,	$	7,664	$	7,668