Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 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 six months ended June 30, 2024 (amounts in thousands):

Balance at December 31, 2023	$	987,120
Measurement period adjustment - Metenova		(56	)
Cumulative translation adjustment		(1,451	)
Balance at June 30, 2024	$	985,613

Schedule of Intangible Assets

Intangible assets, net, consisted of the following at June 30, 2024:

	June 30, 2024
	Gross Carrying Value		Accumulated Amortization			Net Carrying Value		Weighted Average Useful Life (in years)
	(Amounts in thousands)
Finite-lived intangible assets:
Technology - developed	$	246,917	$	(51,796	)	$	195,121		16
Patents		240		(240	)		—		8
Customer relationships		268,683		(92,419	)		176,264		15
Trademarks		8,698		(2,043	)		6,655		19
Other intangibles		3,859		(2,786	)		1,073		3
Total finite-lived intangible assets		528,397		(149,284	)		379,113		15
Indefinite-lived intangible asset:
Trademarks		700		—			700		—
Total intangible assets	$	529,097	$	(149,284	)	$	379,813

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 June 30, 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 six months)	$	16,882
2025		33,608
2026		33,270
2027		33,236
2028		33,137
2029 and thereafter		228,980
Total	$	379,113