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Goodwill and Intangible Assets | 6 Months Ended
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Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | 3. GOODWILL AND INTANGIBLE ASSETS Goodwill. The changes in the carrying amount of goodwill for the six months ended June 30, 2023 were as follows (in thousands):
January 1, 2023, balance |  | $ | 304,036 |
Adjustments related to prior acquisitions |  |  | (20 | )
Impairment charge related to Keydok, LLC |  |  | (1,118 | )
Effects of changes in foreign currency exchange rates |  |  | 3,743 |
June 30, 2023, balance |  | $ | 306,641 |
See Notes 5 and 6 for further discussion of management's decision to shut down Keydok, LLC ("Keydok") resulting in the impairment charge recorded above. Other Intangible Assets. Our other intangible assets subject to ongoing amortization consist primarily of acquired customer contracts and software. As of June 30, 2023 and December 31, 2022, the carrying values of these assets were as follows (in thousands):
|  | June 30, 2023 |  |  | December 31, 2022 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Amount |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Amount |
Acquired customer contracts |  | $ | 167,243 |  |  | $ | (126,757 | ) |  | $ | 40,486 |  |  | $ | 165,497 |  |  | $ | (120,080 | ) |  | $ | 45,417 |
Software |  |  | 175,130 |  |  |  | (156,240 | ) |  |  | 18,890 |  |  |  | 173,111 |  |  |  | (150,337 | ) |  |  | 22,774 |
Total other intangible assets |  | $ | 342,373 |  |  | $ | (282,997 | ) |  | $ | 59,376 |  |  | $ | 338,608 |  |  | $ | (270,417 | ) |  | $ | 68,191 |
The total amortization expense related to other intangible assets for the second quarters of 2023 and 2022 were $6.4 million and $7.7 million, respectively, and for the six months ended June 30, 2023 and 2022 were $13.0 million and $14.8 million, respectively. Based on the June 30, 2023 net carrying value of our intangible assets, the estimated total amortization expense for each of the five succeeding fiscal years ending December 31 are: 2023 - $25.1 million; 2024 - $14.7 million; 2025 - $11.3 million; 2026 - $7.7 million; and 2027 - $3.1 million. Customer Contract Costs. As of June 30, 2023 and December 31, 2022, the carrying values of our customer contract cost assets, related to those contracts with a contractual term greater than one year, were as follows (in thousands):
|  | June 30, 2023 |  |  | December 31, 2022 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Amount |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Amount |
Customer contract costs |  | $ | 88,708 |  |  | $ | (34,594 | ) |  | $ | 54,114 |  |  | $ | 85,336 |  |  | $ | (30,601 | ) |  | $ | 54,735 |
The total amortization expense related to customer contract costs for the second quarters of 2023 and 2022 were $4.8 million and $3.8 million, respectively, and for the six months ended June 30, 2023 and 2022 were $9.4 million and $10.3 million, respectively.

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- Definition The entire disclosure for intangible assets and long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI https://asc.fasb.org/topic&trid=2144416 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI https://asc.fasb.org/topic&trid=2155823 + Details
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