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Goodwill and Other Intangible Assets, Net | 12 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets, Net | GOODWILL AND OTHER INTANGIBLE ASSETS, NET A summary of changes in the carrying amount of goodwill by operating segment for the years ended December 31, 2023 and 2022 were as follows (in thousands):
| Financial Services |  | Benefits and Insurance Services |  | National Practices |  | Total Goodwill
Gross | $ | 470,732 |  |  | $ | 320,125 |  |  | $ | 33,873 |  |  | $ | 824,730 |
Accumulated impairment | $ | (44,047) |  |  | $ | (7,733) |  |  | $ | (32,207) |  |  | $ | (83,987) |
Net at December 31, 2021 | $ | 426,685 |  |  | $ | 312,392 |  |  | $ | 1,666 |  |  | $ | 740,743 |
Additions | 79,147 |  |  | — |  |  | — |  |  | 79,147 |
Divestitures and other adjustments | 27 |  |  | — |  |  | — |  |  | 27 |
Gross | 549,906 |  |  | 320,125 |  |  | 33,873 |  |  | 903,904 |
Accumulated impairment | (44,047) |  |  | (7,733) |  |  | (32,207) |  |  | (83,987) |
Net at December 31, 2022 | $ | 505,859 |  |  | $ | 312,392 |  |  | $ | 1,666 |  |  | $ | 819,917 |
Additions | 41,322 |  |  | 3,932 |  |  | — |  |  | 45,254 |
Divestitures and other adjustments | 9 |  |  | — |  |  | — |  |  | 9 |
Gross | 591,237 |  |  | 324,057 |  |  | 33,873 |  |  | 949,167 |
Accumulated impairment | (44,047) |  |  | (7,733) |  |  | (32,207) |  |  | (83,987) |
Net at December 31, 2023 | $ | 547,190 |  |  | $ | 316,324 |  |  | $ | 1,666 |  |  | $ | 865,180 |
We review goodwill at the reporting unit level at least annually, as of November 1, for impairment. We had five reporting units at November 1, 2023. No goodwill impairment was recognized as a result of the annual evaluation. The components of goodwill and other intangible assets, net at December 31, 2023 and 2022 were as follows (in thousands):
| 2023 |  | 2022
Goodwill | $ | 865,180 |  |  | $ | 819,917 |
Intangibles : |  |  |
Client lists | 338,237 |  |  | 302,822 |
Other intangibles | 11,481 |  |  | 11,463 |
Total intangibles | 349,718 |  |  | 314,285 |
Total goodwill and other intangibles assets | 1,214,898 |  |  | 1,134,202 |
Accumulated amortization: |  |  |
Client lists | (196,412) |  |  | (173,286) |
Other intangibles | (9,882) |  |  | (9,214) |
Total accumulated amortization | (206,294) |  |  | (182,500) |
Goodwill and other intangible assets, net | $ | 1,008,604 |  |  | $ | 951,702 |
Amortization expense for client lists and other intangible assets was $23.8 million, $21.7 million and $16.3 million in 2023, 2022 and 2021, respectively. The weighted-average useful lives of total intangible assets, client lists and other intangible assets were 7.4 years, 7.4 years and 5.2 years, respectively, as of December 31, 2023. Other intangible assets are amortized over periods ranging from 3 to 15 years. Based on the amount of intangible assets subject to amortization at December 31, 2023, the estimated amortization expense is $22.8 million for 2024, $21.4 million for 2025, $19.4 million for 2026, $18.3 million for 2027, $16.3 million for 2028, and $45.1 million thereafter.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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