GOODWILL AND INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of changes in goodwill

The following table summarizes changes in goodwill during the six months ended June 30, 2022 and the twelve months ended December 31, 2021 (in thousands):

Goodwill:
Balance at December 31, 2020	$	653,176
Additions		69,264
Adjustments due to currency translation		(621)
Balance at December 31, 2021		721,819
Additions		23,220
Measurement adjustments		72
Adjustments due to currency translation		(3,092)
Balance at June 30, 2022	$	742,019

Schedule of Components of Indefinite-lived and Amortizable Intangible Assets

The following table sets forth the components of indefinite-lived and amortizable intangible assets as of June 30, 2022 and December 31, 2021 (in thousands):

	June 30, 2022						December 31, 2021
			Accumulated		Carrying				Accumulated		Carrying			Useful Life
	Gross		Amortization		Value		Gross		Amortization			Value		in Years
Amortizable intangible assets:
Customer contracts	$	568,655	$	(250,640)	$	318,015	$	551,277	$	(225,348)		$	325,929	3-20
Trademarks and tradenames		14,459		(6,728)		7,731		12,784		(6,492)			6,292	7-20
Non-compete agreements		13,692		(6,600)		7,092		13,125		(5,573)			7,552	3-20
Patents		6,934		(6,583)		351		6,946		(5,509)			1,437	3-15
Other assets		2,038		(1,704)		334		2,150		(1,687)			463	10
Total amortizable intangible assets	$	605,778	$	(272,255)		333,523	$	586,282	$	(244,609)			341,673
Indefinite-lived intangible assets:
Trademarks and tradenames						103,309							102,684
Internet domains						2,227							2,227
Total indefinite-lived intangible assets						105,536							104,911
Total customer contracts and other intangible assets					$	439,059						$	446,584

Schedule of estimated amortization expense

(in thousands)
2022 (excluding the six months ended June 30, 2022)	$	30,721
2023		57,388
2024		53,808
2025		44,810
2026		40,278