Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2024

Goodwill And Other Intangible Assets Disclosure [Abstract]

Changes in Carrying Value of Goodwill

The following table represents the change in the carrying value of goodwill for the three months ended March 31, 2024 (amounts in thousands):

Balance at December 31, 2023	$	987,120
Measurement period adjustment - Metenova		(56	)
Cumulative translation adjustment		(1,101	)
Balance at March 31, 2024	$	985,963

Schedule of Intangible Assets

Intangible assets, net, consisted of the following at March 31, 2024:

	March 31, 2024
	Gross Carrying Value		Accumulated Amortization			Net Carrying Value		Weighted Average Useful Life (in years)
	(Amounts in thousands)
Finite-lived intangible assets:
Technology - developed	$	246,722	$	(47,918	)	$	198,804		16
Patents		240		(240	)		—		8
Customer relationships		268,688		(88,043	)		180,645		16
Trademarks		8,695		(1,914	)		6,781		19
Other intangibles		3,857		(2,641	)		1,216		3
Total finite-lived intangible assets		528,202		(140,756	)		387,446		16
Indefinite-lived intangible asset:
Trademarks		700		—			700		—
Total intangible assets	$	528,902	$	(140,756	)	$	388,146

Intangible assets, net, consisted of the following at December 31, 2023:

	December 31, 2023
	Gross Carrying Value		Accumulated Amortization			Net Carrying Value		Weighted Average Useful Life (in years)
	(Amounts in thousands)
Finite-lived intangible assets:
Technology - developed	$	249,594	$	(44,162	)	$	205,432		16
Patents		240		(240	)		—		8
Customer relationships		269,949		(83,963	)		185,986		15
Trademarks		8,757		(1,789	)		6,968		19
Other intangibles		3,914		(2,514	)		1,400		3
Total finite-lived intangible assets		532,454		(132,668	)		399,786		15
Indefinite-lived intangible asset:
Trademarks		700		—			700		—
Total intangible assets	$	533,154	$	(132,668	)	$	400,486

Schedule of Amortization Expense for Amortized Intangible Assets

As of March 31, 2024, the Company expects to record the following amortization expense in future periods (amounts in thousands):

	Estimated
	Amortization
For the Years Ended December 31,	Expense
2024 (remaining nine months)	$	25,448
2025		33,648
2026		33,189
2027		33,225
2028		33,127
2029 and thereafter		228,809
Total	$	387,446