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Goodwill, Trade Name, and Customer Lists (Tables)
6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the six months ended June 30, 2023 by reportable segment were as follows (in thousands):

 

 

Americas

 

 

International

 

 

Total

 

Balance – December 31, 2022

 

$

677,171

 

 

$

115,909

 

 

$

793,080

 

Foreign currency translation

 

 

97

 

 

 

405

 

 

 

502

 

Balance – June 30, 2023

 

$

677,268

 

 

$

116,314

 

 

$

793,582

 

Summary of Gross Carrying Value and Accumulated Amortization of Finite-Lived Intangible Assets

The following summarizes the gross carrying value and accumulated amortization for the Company’s trade name and customer lists as of June 30, 2023 and December 31, 2022 (in thousands):

 

 

June 30, 2023

 

 

Gross
Carrying Value

 

 

Accumulated
Amortization

 

 

Net
Carrying Value

 

 

Useful Life
(in years)

Trade name

 

$

93,978

 

 

$

(26,413

)

 

$

67,565

 

 

20 years

Customer lists

 

 

516,035

 

 

 

(217,035

)

 

 

299,000

 

 

13-14 years

Total

 

$

610,013

 

 

$

(243,448

)

 

$

366,565

 

 

 

 

 

 

December 31, 2022

 

 

Gross
Carrying Value

 

 

Accumulated
Amortization

 

 

Net
Carrying Value

 

 

Useful Life
(in years)

Trade name

 

$

93,959

 

 

$

(22,797

)

 

$

71,162

 

 

20 years

Customer lists

 

 

515,762

 

 

 

(189,748

)

 

 

326,014

 

 

13-14 years

Total

 

$

609,721

 

 

$

(212,545

)

 

$

397,176