Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets

Schedule of goodwill of companies acquired

	Global
(thousands)	Components		Global ECS		Total
Balance as of December 31, 2022 (a)	$	873,003	$	1,154,623	$	2,027,626
Foreign currency translation adjustment		(3,875)		(1,764)		(5,639)
Balance as of September 30, 2023 (a)	$	869,128	$	1,152,859	$	2,021,987

(a) The total carrying value of goodwill as of September 30, 2023, and December 31, 2022 in the table above is reflected net of $1.6 billion of accumulated impairment charges, of which $1.3 billion was recorded in the global components business segment and $302.9 million was recorded in the global enterprise computing solutions (“ECS”) business segment.

Schedule of intangible assets, net

Intangible assets, net, are comprised of the following as of September 30, 2023:

	Gross
	Carrying		Accumulated
(thousands)	Amount		Amortization		Net
Customer relationships	$	263,968	$	(157,138)	$	106,830
Amortizable trade name		74,006		(46,025)		27,981
	$	337,974	$	(203,163)	$	134,811

Intangible assets, net, are comprised of the following as of December 31, 2022:

	Gross
	Carrying		Accumulated
(thousands)	Amount		Amortization		Net
Customer relationships	$	268,180	$	(144,655)	$	123,525
Amortizable trade name		74,011		(38,399)		35,612
	$	342,191	$	(183,054)	$	159,137