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Goodwill and Intangible Assets (Tables) | 9 Months Ended
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Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes in Carrying Amounts of Goodwill | The changes in carrying amounts of goodwill for the nine months ended September 30, 2022 are as follows (in thousands):
| Digital Media |  | Cybersecurity and Martech |  | Consolidated
Balance as of January 1, 2022 | $ | 996,659 |  |  | $ | 534,796 |  |  | $ | 1,531,455 |
Goodwill acquired (Note 3) | 93,827 |  |  | — |  |  | 93,827 |
Goodwill impairment | (27,369) |  |  | — |  |  | (27,369) |
Purchase accounting adjustments (Note 3) | 4,943 |  |  | (137) |  |  | 4,806 |
Foreign exchange translation | (5,952) |  |  | (16,810) |  |  | (22,762) |
Balance as of September 30, 2022 | $ | 1,062,108 |  |  | $ | 517,849 |  |  | $ | 1,579,957 |
Intangible Assets Subject to Amortization | As of September 30, 2022, intangible assets subject to amortization relate primarily to the following (in thousands):
| Weighted-Average Amortization Period |  | Historical Cost |  | Accumulated Amortization |  | Net
Trade names | 10.0 years |  | $ | 261,070 |  |  | $ | 119,026 |  |  | $ | 142,044 |
Customer relationships (1) | 7.9 years |  | 683,503 |  |  | 456,377 |  |  | 227,126 |
Other purchased intangibles | 8.6 years |  | 480,986 |  |  | 351,704 |  |  | 129,282 |
Total |  |  | $ | 1,425,559 |  |  | $ | 927,107 |  |  | $ | 498,452 |
(1)The Company amortizes customer relationship assets in a pattern that best reflects the pace at which the asset’s benefits are consumed. This pattern results in a substantial majority of the amortization expense being recognized in the first 4 to 5 years, despite the overall life of the asset. As of December 31, 2021, intangible assets subject to amortization relate primarily to the following (in thousands):
| Weighted-Average Amortization Period |  | Historical Cost |  | Accumulated Amortization |  | Net
Trade names | 9.7 years |  | $ | 250,418 |  |  | $ | 102,657 |  |  | $ | 147,761 |
Customer relationships (1) | 8.1 years |  | 673,847 |  |  | 398,396 |  |  | 275,451 |
Other purchased intangibles | 9.3 years |  | 467,028 |  |  | 317,515 |  |  | 149,513 |
Total |  |  | $ | 1,391,293 |  |  | $ | 818,568 |  |  | $ | 572,725 |
(1)The Company amortizes customer relationship assets in a pattern that best reflects the pace at which the asset’s benefits are consumed. This pattern results in a substantial majority of the amortization expense being recognized in the first 4 to 5 years, despite the overall life of the asset.

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