XML 57 R47.htm IDEA: XBRL DOCUMENT
v3.23.3

Goodwill and Other Intangible Assets, Net (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Summary of Changes in Carrying Amount of Goodwill | The changes in the carrying amount of goodwill were as follows (in thousands):
| Goodwill
Balance at December 31, 2022 | $ | 486,585 |
Acquisitions | 14,831 |
Measurement period adjustments | (1,493) |
Cumulative translation adjustment | 874 |
Balance at September 30, 2023 | $ | 500,797 |
Components of Other Intangible Assets | Other intangible assets consisted of the following (in thousands, except weighted-average remaining life):
| September 30, 2023
| Gross Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted- Average Remaining Life (Years)
Definite life intangible assets: |  |  |  |  |  |  |
Customer-related | $ | 195,846 |  |  | $ | 93,699 |  |  | $ | 102,147 |  |  | 8.8
Technology | 23,997 |  |  | 23,997 |  |  | — |  |  | N/A
Noncompete agreements | 20,144 |  |  | 19,258 |  |  | 886 |  |  | 3.6
Patents | 11,880 |  |  | 10,628 |  |  | 1,252 |  |  | 3.0
All other | 18,434 |  |  | 8,419 |  |  | 10,015 |  |  | 9.6
Total definite life intangible assets | 270,301 |  |  | 156,001 |  |  | 114,300 |  |  | 8.8
Indefinite life intangible assets: |  |  |  |  |  |  |
Trade names | 79,570 |  |  |  |  | 79,570 |  |  | N/A
Licenses | 2,208 |  |  |  |  | 2,208 |  |  | N/A
Domain name | 454 |  |  |  |  | 454 |  |  | N/A
Total indefinite life intangible assets | 82,232 |  |  | — |  |  | 82,232 |  |  | N/A
Total | $ | 352,533 |  |  | $ | 156,001 |  |  | $ | 196,532 |  |  | 8.8
| December 31, 2022
| Gross Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted- Average Remaining Life (Years)
Definite life intangible assets: |  |  |  |  |  |  |
Customer-related | $ | 173,436 |  |  | $ | 74,337 |  |  | $ | 99,099 |  |  | 9.3
Technology | 23,997 |  |  | 23,997 |  |  | — |  |  | N/A
Noncompete agreements | 19,818 |  |  | 19,078 |  |  | 740 |  |  | 3.9
Patents | 11,473 |  |  | 10,430 |  |  | 1,043 |  |  | 3.1
All other | 17,035 |  |  | 7,442 |  |  | 9,593 |  |  | 8.7
Total definite life intangible assets | 245,759 |  |  | 135,284 |  |  | 110,475 |  |  | 9.2
Indefinite life intangible assets: |  |  |  |  |  |  |
Trade names | 79,570 |  |  | — |  |  | 79,570 |  |  | N/A
Licenses | 2,284 |  |  | — |  |  | 2,284 |  |  | N/A
Domain name | 454 |  |  | — |  |  | 454 |  |  | N/A
Total indefinite life intangible assets | 82,308 |  |  | — |  |  | 82,308 |  |  | N/A
Total | $ | 328,067 |  |  | $ | 135,284 |  |  | $ | 192,783 |  |  | 9.2
Estimated Future Amortization Expense of Definite Life Intangible Assets | The estimated future amortization expense of definite life intangible assets as of September 30, 2023 is as follows (in millions):
2023 | $ | 4.0 |
2024 | 16.2 |
2025 | 16.2 |
2026 | 15.8 |
2027 | 11.5 |
2028 and thereafter | 50.6 |
Total | $ | 114.3 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 24 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482548/350-20-55-24 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (h) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1A Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-2 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration