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Amortizable Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Amortizable Intangible Assets

Amortizable intangible assets at December 31, 2021 and 2020 consisted of the following:

 

 

 

December 31, 2021

 

 

December 31, 2020

 

(in thousands)

 

Gross
carrying
value

 

 

Accumulated
amortization

 

 

Net
carrying
value

 

 

Weighted
average
life in
years
(1)

 

 

Gross
carrying
value

 

 

Accumulated
amortization

 

 

Net
carrying
value

 

 

Weighted
average
life in
years
(1)

 

Purchased customer accounts

 

$

2,311,605

 

 

$

(1,235,261

)

 

$

1,076,344

 

 

 

14.9

 

 

$

2,164,968

 

 

$

(1,118,316

)

 

$

1,046,652

 

 

 

15.0

 

Non-compete agreements

 

 

37,587

 

 

 

(32,466

)

 

 

5,121

 

 

 

4.5

 

 

 

35,093

 

 

 

(32,085

)

 

 

3,008

 

 

 

4.6

 

Total

 

$

2,349,192

 

 

$

(1,267,727

)

 

$

1,081,465

 

 

 

 

 

$

2,200,061

 

 

$

(1,150,401

)

 

$

1,049,660

 

 

 

 

 

(1)
Weighted average life calculated as of the date of acquisition.