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INTANGIBLE ASSETS
9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS INTANGIBLE ASSETS
The Company had goodwill in the amount of $781,109 and $778,907 as of September 30, 2024 and December 31, 2023, respectively, subject to the provisions of ASC 350, “Intangibles-Goodwill and Other.” The increase in goodwill is due to changes in foreign currency translation.
Identifiable intangible assets with finite lives at September 30, 2024 and December 31, 2023 are summarized as follows:

 Amortization
Period
(in years)
Gross Carrying Amount at September 30, 2024Accumulated Amortization at September 30, 2024Gross Carrying Amount at December 31, 2023Accumulated Amortization at December 31, 2023
Customer relationships & lists
10-20
$363,563 $220,718 $362,032 $209,651 
Trademarks & trade names
2-17
50,353 40,225 50,286 37,773 
Developed technology
5-12
41,396 18,972 41,184 17,516 
Other
2-18
26,131 24,003 25,733 23,083 
 $481,443 $303,918 $479,235 $288,023 
Amortization of identifiable intangible assets was approximately $3,795 and $15,380 for the three and nine months ended September 30, 2024, respectively, and $6,947 and $21,132 for the three and nine months ended September 30, 2023, respectively. Assuming no change in the gross carrying value of identifiable intangible assets, estimated amortization expense is $3,747 for the remainder of 2024, $15,659 for 2025, $15,444 for 2026, $14,916 for 2027, $14,517 for 2028 and $14,091 for 2029. At September 30, 2024 and December 31, 2023, there were no identifiable intangible assets with indefinite useful lives as defined by ASC 350. Identifiable intangible assets are reflected in “Intangible assets with finite lives, net” on the Company’s condensed consolidated balance sheets. There were no changes to the useful lives of intangible assets subject to amortization during the nine months ended September 30, 2024 and 2023.