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Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill And Intangible Assets Disclosure [Abstract]

Carrying Amount of Goodwill

The following table presents the carrying amount of goodwill (in thousands):

	Goodwill
Balance at December 31, 2019	$	484,459
Acquisition	$	24,315
Other		(219	)
Balance at December 31, 2020	$	508,555
Acquisitions		68,395
Other		(37	)
Balance at December 31, 2021	$	576,913

Components of Other Intangible Assets

The components of the “Other intangible assets” are as follows (in thousands):

							Net
	Gross			Accumulated			Carrying
	Amount			Amortization			Value			Life
As of December 31, 2021:
Customer relationships	$	226,623		$	(53,156	)	$	173,467		5-15 years
Carrier network and agent relationships	$	15,000		$	(1,063	)	$	13,937		4 years
Developed technology	$	6,500		$	(232	)	$	6,268		7 years
Trade name	$	5,500		$	(2,500	)	$	3,000		18 months
Total	$	253,623		$	(56,951	)	$	196,672

							Net
	Gross			Accumulated			Carrying
	Amount			Amortization			Value			Life
As of December 31, 2020:
Customer relationships	$	196,806		$	(36,765	)	$	160,041		5-15 years
Carrier network and agent relationships	$	2,432		$	(51	)	$	2,381		4 years
Trade name	$	2,921		$	(1,390	)	$	1,531		18 months
Total	$	202,159		$	(38,206	)	$	163,953

Schedule of Amortization Expense

Amortization expense for the next five years is as follows (in thousands):

	Total
Year 1	$	25,329
Year 2		23,284
Year 3		21,126
Year 4		20,089
Year 5		17,389

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Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
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- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

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-Name Accounting Standards Codification
-Topic 350
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Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

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-SubTopic 30
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