Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill Rollforward

Goodwill allocated to the Company’s reportable operating segments follows:

(in thousands)	Americas		Asia		Total
Goodwill as of December 31, 2024 and 2023	$	154,014	$	38,102	$	192,116

Schedule of Acquired Identifiable Intangible Assets and Capitalized Purchased Software Costs

A summary of the Company's acquired identifiable intangible assets and capitalized purchased software costs follows:

(in thousands)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Customer relationships	$	100,041	$	(76,675	)	$	23,366
Capitalized purchased software costs		44,316		(31,525	)		12,791
Technology licenses		15,500		(15,500	)		—
Trade names and trademarks		7,800		—			7,800
Other		868		(428	)		440
Total intangible assets as of December 31, 2024	$	168,525	$	(124,128	)	$	44,397

(in thousands)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Customer relationships	$	100,105	$	(71,947	)	$	28,158
Capitalized purchased software costs		45,062		(30,463	)		14,599
Technology licenses		15,500		(15,500	)		—
Trade names and trademarks		7,800		—			7,800
Other		869		(404	)		465
Total intangible assets as of December 31, 2023	$	169,336	$	(118,314	)	$	51,022

Schedule of Amortization Expense

A summary of the components of amortization expense, as presented in the consolidated statements of cash flows, follows:

	Year Ended December 31,
(in thousands)	2024		2023		2022
Amortization of intangible assets	$	4,817	$	5,979	$	6,384
Amortization of capitalized purchased software costs		4,897		4,564		4,113
Amortization of debt costs		519		499		416
Total amortization expense	$	10,233	$	11,042	$	10,913

Schedule of Future Amortization Expense

A summary of the future amortization expense related to the Company's intangible assets held as of December 31, 2024 for each of the next five years follows (in thousands):

Year ending December 31,	Amortization Expense
2025	$	4,817
2026		4,817
2027		4,817
2028		4,817
2029		4,218