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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes In Carrying Amounts Of Goodwill | The changes in carrying amounts of goodwill for the years ended December 31, 2023 and 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 4) | 95,737 |  |  | — |  |  | 95,737 |
Goodwill impairment | (27,369) |  |  | — |  |  | (27,369) |
Purchase accounting adjustments (1) | 4,475 |  |  | (137) |  |  | 4,338 |
Foreign exchange translation | (3,513) |  |  | (9,174) |  |  | (12,687) |
Balance as of December 31, 2022 | $ | 1,065,989 |  |  | $ | 525,485 |  |  | $ | 1,591,474 |
Goodwill acquired (Note 4) | 6,451 |  |  | — |  |  | 6,451 |
Goodwill impairment | (56,850) |  |  | — |  |  | (56,850) |
Purchase accounting adjustments (1) | (72) |  |  | — |  |  | (72) |
Foreign exchange translation | 1,362 |  |  | 3,700 |  |  | 5,062 |
Balance as of December 31, 2023 | $ | 1,016,880 |  |  | $ | 529,185 |  |  | $ | 1,546,065 |
(1)Purchase accounting adjustments relate to measurement period adjustments to goodwill in connection with prior business acquisitions (see Note 4 — Business Acquisitions).
Intangible Assets Subject to Amortization | As of December 31, 2023, intangible assets subject to amortization relate primarily to the following (in thousands):
|  |  | Historical Cost |  | Accumulated Amortization |  | Net
Trade names and trademarks |  |  | $ | 347,895 |  |  | $ | 192,111 |  |  | $ | 155,784 |
Customer relationships |  |  | 692,634 |  |  | 555,384 |  |  | 137,250 |
Other purchased intangibles |  |  | 379,703 |  |  | 347,331 |  |  | 32,372 |
Total |  |  | $ | 1,420,232 |  |  | $ | 1,094,826 |  |  | $ | 325,406 |
As of December 31, 2022, intangible assets subject to amortization relate primarily to the following (in thousands):
|  |  | Historical Cost |  | Accumulated Amortization |  | Net
Trade names and trademarks(1) |  |  | $ | 360,170 |  |  | $ | 169,150 |  |  | $ | 191,020 |
Customer relationships |  |  | 687,798 |  |  | 479,741 |  |  | 208,057 |
Other purchased intangibles(1) |  |  | 383,417 |  |  | 319,679 |  |  | 63,738 |
Total |  |  | $ | 1,431,385 |  |  | $ | 968,570 |  |  | $ | 462,815 |
(1)The Company reclassified its trademarks as of December 31, 2022 from ‘other purchased intangibles’ to ‘trade names and trademarks’ to conform to current period presentation. The trademarks totaled $54.8 million of carrying value as of December 31, 2022 ($98.5 million of historical cost and $43.7 million of accumulated amortization).
Expected Amortization Expenses for Intangible Assets Subject To Amortization | Expected amortization expenses for intangible assets subject to amortization at December 31, 2023 are as follows (in thousands):
Fiscal Year: |
2024 | $ | 90,774 |
2025 | 71,314 |
2026 | 56,952 |
2027 | 42,989 |
2028 | 21,421 |
Thereafter | 41,956 |
Total expected amortization expense | $ | 325,406 |

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