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Goodwill and Other Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Summary of changes in carrying amount of goodwill allocated by reportable segments | The changes in the carrying amount of goodwill, allocated by operating segments, were as follows (see Note 15):
(In thousands) |  | Payment Services - Puerto Rico & Caribbean |  | Latin America Payments and Solutions |  | Merchant Acquiring, net |  | Business Solutions |  | Total
Balance at December 31, 2023 |  | $ | 160,972 |  |  | $ | 452,597 |  |  | $ | 138,121 |  |  | $ | 40,010 |  |  | $ | 791,700 |
Adjustment to goodwill from prior year acquisition |  | — |  |  | (1,352) |  |  | — |  |  | — |  |  | (1,352) |
Foreign currency translation adjustments |  | — |  |  | (48,703) |  |  | — |  |  | — |  |  | (48,703) |
Balance at June 30, 2024 |  | $ | 160,972 |  |  | $ | 402,542 |  |  | $ | 138,121 |  |  | $ | 40,010 |  |  | $ | 741,645 |
Summary of carrying amount of other intangible assets | The carrying amount of other intangible assets at June 30, 2024 and December 31, 2023 was as follows:
|  |  |  | June 30, 2024
(Dollar amounts in thousands) |  | Useful life in years |  | Gross amount |  | Accumulated amortization |  | Net carrying amount
Customer relationships |  | 8 - 20 |  | $ | 550,381 |  |  | $ | (373,726) |  |  | $ | 176,655 |
Trademarks |  | 10 - 15 |  | 88,097 |  |  | (46,238) |  |  | $ | 41,859 |
Software packages |  | 3 - 10 |  | 522,934 |  |  | (292,938) |  |  | $ | 229,996 |
Non-compete agreement |  | 5 |  | 3,555 |  |  | (428) |  |  | $ | 3,127 |
Other intangible assets, net |  |  |  | $ | 1,164,967 |  |  | $ | (713,330) |  |  | $ | 451,637 |
|  |  |  | December 31, 2023
(Dollar amounts in thousands) |  | Useful life in years |  | Gross amount |  | Accumulated amortization |  | Net carrying amount
Customer relationships |  | 8 - 20 |  | $ | 568,284 |  |  | $ | (340,952) |  |  | $ | 227,332 |
Trademarks |  | 1 - 15 |  | 94,203 |  |  | (41,319) |  |  | 52,884 |
Software packages |  | 3 - 10 |  | 510,898 |  |  | (274,610) |  |  | 236,288 |
Non-compete agreement |  | 5 |  | 1,735 |  |  | (169) |  |  | 1,566 |
Other intangible assets, net |  |  |  | $ | 1,175,120 |  |  | $ | (657,050) |  |  | $ | 518,070 |
Summary of estimated amortization expenses | The estimated amortization expense of the other intangible balances outstanding at June 30, 2024, for the remainder of 2024 and the years thereafter is as follows:
(In thousands)
Remaining 2024 |  | $ | 54,782 |
2025 |  | 87,631 |
2026 |  | 74,283 |
2027 |  | 61,724 |
2028 |  | 49,983 |
Thereafter |  | 123,234 |

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