INTANGIBLE ASSETS AND GOODWILL

3 Months Ended

Mar. 31, 2024

INTANGIBLE ASSETS AND GOODWILL

INTANGIBLE ASSETS AND GOODWILL

NOTE 10.    INTANGIBLE ASSETS AND GOODWILL

Intangible assets consisted of the following:

	March 31, 2024
	Gross Carrying		Accumulated		Net Carrying		Weighted Average Remaining
	Amount		Amortization		Amount		Useful Life (in years)
Technology	$	97,514	$	(63,086)	$	34,428	6.9
Customer relationships		167,981		(61,451)		106,530	9.3
Trademarks and other		27,104		(13,672)		13,432	5.3
Total	$	292,599	$	(138,209)	$	154,390	8.4
	December 31, 2023
	Gross Carrying		Accumulated		Net Carrying		Weighted Average Remaining
	Amount		Amortization		Amount		Useful Life (in years)
Technology	$	97,961	$	(60,412)	$	37,549	6.8
Customer relationships		168,685		(58,835)		109,850	9.5
Trademarks and other		27,141		(13,062)		14,079	5.6
Total	$	293,787	$	(132,309)	$	161,478	8.5

Amortization expense related to intangible assets is as follows:

	Three Months Ended March 31,
	2024		2023
Amortization expense	$	6,947	$	7,062

Estimated amortization expense related to intangibles is as follows:

Year Ending December 31,
2024 (remaining)	$	18,259
2025		20,988
2026		19,272
2027		17,366
2028		16,131
Thereafter		62,374
Total	$	154,390

The following table summarizes the changes in goodwill:

December 31, 2023	$	283,840
Foreign currency translation and other		(3,006)
March 31, 2024	$	280,834