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Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Change in Goodwill
The change in goodwill during 2023 consisted of the following:
(dollars in thousands)Total
Balance at December 31, 2022$1,050,272 
Adjustments related to prior year business combination(1)
36 
Effect of foreign currency translation3,430 
Balance at December 31, 2023$1,053,738 
(1)Represents immaterial measurement period adjustments during the year ended December 31, 2023 to the fair value of the Kilter assets acquired and liabilities assumed.
Fair Values Of Intangible Assets Acquired In Various Business Combinations By Class The table below sets forth the balances of each class of intangible asset and related amortization as of:
December 31,
(dollars in thousands)20232022
Finite-lived gross carrying amount
Customer relationships$570,104 $569,009 
Marketing assets71,308 69,643 
Developed technology182,956 182,463 
Content17,900 17,900 
Total finite-lived gross carrying amount842,268 839,015 
Accumulated amortization
Customer relationships(174,982)(146,948)
Marketing assets(11,985)(8,371)
Developed technology(69,386)(46,571)
Content(3,978)(1,989)
Total accumulated amortization(260,331)(203,879)
Intangible assets, net$581,937 $635,136 
Summary of Amortization Expense
The following table summarizes amortization expense of our finite-lived intangible assets:
Years ended December 31,
(dollars in thousands)202320222021
Included in cost of revenue:
Cost of recurring$51,079 $47,085 $33,132 
Cost of one-time services and other1,384 1,407 1,680 
Total included in cost of revenue52,463 48,492 34,812 
Included in operating expenses3,139 2,925 2,227 
Total amortization of intangibles from business combinations$55,602 $51,417 $37,039 
Future Amortization Expense for Finite-Lived Intangible Assets
The following table outlines the estimated future amortization expense for each of the next five years for our finite-lived intangible assets as of December 31, 2023:
Years ending December 31,
(dollars in thousands)		Amortization
expense
2024 62,332 
2025 65,873 
2026 64,234 
2027 60,038 
2028 52,544 
Total$305,021