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Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill, by segment

Goodwill consisted of the following: 

			As of March 31,												As of December 31,
(in thousands)			2023						2022						2022
North America			$	103,570					$	96,359					$	103,572
Europe			395,903						35,864						390,799
Asia/Pacific			1,276						1,428						1,301
Total			$	500,749					$	133,651					$	495,672

Schedule of net intangible assets, by segment

ntangible assets, net, consisted of the following:

			As of March 31, 2023
			Gross												Net
			Carrying						Accumulated						Carrying
(in thousands)			Amount						Amortization						Amount
North America			$	53,353					$	(30,744)					$	22,609
Europe			378,158						(38,824)						339,334
Asia/Pacific			4,179						—						4,179
Total			$	435,690					$	(69,568)					$	366,122

			As of March 31, 2022
			Gross												Net
(in thousands)			Carrying Amount						Accumulated Amortization						Carrying Amount
North America			$	46,642					$	(27,205)					$	19,437
Europe			26,274						(20,690)						5,584
Total			$	72,916					$	(47,895)					$	25,021

			As of December 31, 2022
			Gross												Net
(in thousands)			Carrying Amount						Accumulated Amortization						Carrying Amount
North America			$	53,498					$	(29,782)					$	23,716
Europe			373,538						(34,337)						339,201
Total			$	427,036					$	(64,119)					$	362,917

Schedule of estimated future amortization of intangible assets

At March 31, 2023, the estimated future amortization of definite-lived intangible assets was as follows: 

(in thousands)
Remaining nine months of 2023			$	15,748
2024			20,314
2025			20,087
2026			19,618
2027			19,334
2028			19,123
Thereafter			158,943
			$	273,167

Changes in the carrying amount of goodwill and intangible assets

The changes in the carrying amount of goodwill and intangible assets for the three months ended March 31, 2023, were as follows: 

									Intangible
(in thousands)			Goodwill						Assets
Balance at December 31, 2022			$	495,672					$	362,917
Acquisition			—						4,179
Reclassifications			—						(21)
Amortization			—						(5,668)
Foreign exchange			5,077						4,715
Balance at March 31, 2023			$	500,749					$	366,122

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Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
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Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

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Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

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