XML 53 R36.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Goodwill and Other Intangible Assets, Net (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes in Carrying Amount of Goodwill by Operating Segment | 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 |
Components of Goodwill and Other Intangible Assets, Net | 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 |

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