XML 37 R24.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill

The following table summarizes the goodwill balances by segment and the changes in the carrying amount of goodwill at March 31, 2024:

    

    

Products &

    

Healthcare

Patient Direct

Services

Consolidated

Carrying amount of goodwill, December 31, 2023

$

1,535,252

$

103,594

$

1,638,846

Currency translation adjustments

 

 

(3,478)

 

(3,478)

Carrying amount of goodwill, March 31, 2024

$

1,535,252

$

100,116

$

1,635,368

Intangible Assets

Intangible assets subject to amortization, which exclude indefinite-lived intangible assets, at March 31, 2024 and December 31, 2023 were as follows:

March 31, 2024

December 31, 2023

    

Customer

    

    

Other

    

Customer

    

    

Other

Relationships

Tradenames

 Intangibles

Relationships

Tradenames

Intangibles

Gross intangible assets

$

397,193

$

202,000

$

73,055

$

433,750

$

202,000

$

73,958

Accumulated amortization

 

(213,793)

 

(74,544)

 

(43,318)

 

(236,791)

 

(69,655)

 

(41,427)

Net intangible assets

$

183,400

$

127,456

$

29,737

$

196,959

$

132,345

$

32,531

Weighted average useful life

 

14 years

 

10 years

 

6 years

 

13 years

 

10 years

 

6 years

Schedule of estimated amortization expense

As of March 31, 2024, based on the current carrying value of intangible assets subject to amortization, estimated amortization expense were as follows:

Year

    

2024 (remainder)

$

44,080

2025

 

54,389

2026

 

50,036

2027

 

41,687

2028

 

32,008

Thereafter

118,393

Total future amortization

$

340,593