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Software and Other Intangible Assets | 6 Months Ended
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Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Software and Other Intangible Assets | Software and Other Intangible Assets The carrying amount and accumulated amortization of the Company's software assets subject to amortization at each balance sheet date are as follows (in thousands):
| June 30, 2024 |  | December 31, 2023 |  |  |  |  |  |
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Balance |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Balance |  |  |  |  |  |
Software for internal use | $ | 479,657 |  |  | $ | (379,457) |  |  | $ | 100,200 |  |  | $ | 469,325 |  |  | $ | (360,907) |  |  | $ | 108,418 |  |  |  |  |  |  |
Amortization of software for internal use is computed using the straight-line method over an estimated useful life of generally three to eight years. Software for internal use amortization expense recorded during the three months ended June 30, 2024 and 2023, totaled $15.8 million and $16.0 million, respectively. Software for internal use amortization expense recorded during the six months ended June 30, 2024 and 2023, totaled $31.3 million and $33.0 million, respectively. These software amortization expense amounts are reflected in depreciation and amortization in the condensed consolidated statements of operations. The carrying amount and accumulated amortization of the Company’s other intangible assets subject to amortization at each balance sheet date are as follows (in thousands):
| June 30, 2024 |  | December 31, 2023
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Balance |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Balance
Customer relationships | $ | 446,262 |  |  | $ | (267,661) |  |  | $ | 178,601 |  |  | $ | 447,654 |  |  | $ | (252,828) |  |  | $ | 194,826 |
Trademarks and trade names | 21,795 |  |  | (21,795) |  |  | — |  |  | 21,899 |  |  | (21,079) |  |  | 820 |
Total other intangible assets | $ | 468,057 |  |  | $ | (289,456) |  |  | $ | 178,601 |  |  | $ | 469,553 |  |  | $ | (273,907) |  |  | $ | 195,646 |
Other intangible assets amortization expense recorded during the three months ended June 30, 2024 and 2023, totaled $8.2 million and $8.5 million, respectively. Other intangible assets amortization expense recorded during the six months ended June 30, 2024 and 2023, totaled $16.7 million and $16.9 million, respectively. Based on capitalized intangible assets as of June 30, 2024, estimated amortization expense amounts in future fiscal years are as follows (in thousands):
Fiscal Year Ending December 31, |  | Software Amortization |  | Other Intangible Assets Amortization
Remainder of 2024 |  | $ | 29,342 |  |  | $ | 12,785 |
2025 |  | 42,369 |  |  | 20,977 |
2026 |  | 21,689 |  |  | 20,977 |
2027 |  | 5,281 |  |  | 20,713 |
2028 |  | 1,517 |  |  | 18,315 |
Thereafter |  | 2 |  |  | 84,834 |
Total |  | $ | 100,200 |  |  | $ | 178,601 |

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