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Goodwill and intangible assets | 6 Months Ended
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Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and intangible assets | Goodwill and intangible assets The following table presents the changes in goodwill for the year ended December 31, 2024 and the six months ended June 30, 2025:
| For the year ended December 31, 2024 |  | For the six months ended June 30, 2025
Opening balance | $ | 1,683,782 |  |  | $ | 1,669,769 |
Goodwill relating to acquisitions consummated during the period | — |  | 111,925 |
Effect of exchange rate fluctuations | (14,013) |  | 12,209 |
Closing balance | $ | 1,669,769 |  |  | $ | 1,793,903 |
The following table presents the changes in goodwill by reporting unit for the year ended December 31, 2024:
| Financial Services |  | Consumer and Healthcare |  | High Tech and Manufacturing |  | Total
Opening balance | $ | 408,674 |  |  | $ | 592,780 |  |  | $ | 682,328 |  |  | $ | 1,683,782 |
Effect of exchange rate fluctuations | (3,677) |  |  | (4,983) |  |  | (5,353) |  |  | (14,013) |
Closing balance | $ | 404,997 |  |  | $ | 587,797 |  |  | $ | 676,975 |  |  | $ | 1,669,769 |
The following table presents the changes in goodwill by reporting unit for the six months ended June 30, 2025:
| Financial Services |  | Consumer and Healthcare |  | High Tech and Manufacturing |  | Total
Opening balance | $ | 404,997 |  |  | $ | 587,797 |  |  | $ | 676,975 |  |  | $ | 1,669,769 |
Goodwill relating to acquisitions consummated during the period | 6,132 |  |  | 88,519 |  |  | 17,274 |  |  | 111,925 |
Effect of exchange rate fluctuations | 3,488 |  |  | 4,463 |  |  | 4,258 |  |  | 12,209 |
Closing balance | $ | 414,617 |  |  | $ | 680,779 |  |  | $ | 698,507 |  |  | $ | 1,793,903 |
The total amount of goodwill deductible for tax purposes was $237,125 and $222,925 as of December 31, 2024 and June 30, 2025, respectively. 9. Goodwill and intangible assets (Continued) The Company’s intangible assets are as follows:
| As of December 31, 2024 |  | As of June 30, 2025
| Gross carrying amount |  | Accumulated amortization & Impairment |  | Net |  | Gross carrying amount |  | Accumulated amortization & Impairment |  | Net
Customer-related intangible assets | $ | 468,500 |  |  | $ | 451,285 |  |  | $ | 17,215 |  |  | $ | 524,352 |  |  | $ | 461,877 |  |  | $ | 62,475 |
Marketing-related intangible assets | 97,607 |  | 93,609 |  | 3,998 |  | 103,898 |  | 96,396 |  | 7,502
Technology-related intangible assets | 131,853 |  | 126,116 |  | 5,737 |  | 133,904 |  | 126,446 |  | 7,458
| $ | 697,960 |  |  | $ | 671,010 |  |  | $ | 26,950 |  |  | $ | 762,154 |  |  | $ | 684,719 |  |  | $ | 77,435 |
Amortization expenses for intangible assets acquired as part of a business combination and disclosed in the consolidated statements of income under amortization of acquired intangible assets for the three months ended June 30, 2024 and 2025 were $6,558 and $4,317, respectively, and for the six months ended June 30, 2024 and 2025 were $13,485 and $8,637, respectively. Amortization expenses for internally-developed and other intangible assets disclosed in the consolidated statements of income under cost of revenue and selling, general and administrative expenses for the three months ended June 30, 2024 and 2025 were $498 and $700, respectively, and for the six months ended June 30, 2024 and 2025 were $956 and $1,318, respectively.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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