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Note 15 - Goodwill
 12 Months Ended
Dec. 31, 2023
Notes to Financial Statements  
Goodwill Disclosure [Text Block]
15.Goodwill

 

Our operating segments, NLA, ESSA, MENA and APAC, are also our reporting units. The allocation of goodwill by operating segment was as follows (in thousands):

 

  

December 31,

 
  

2023

  

2022

 

NLA

 $139,512  $118,511 

ESSA

  83,319   80,058 

MENA

  5,441   4,218 

APAC

  19,415   18,193 

Total

 $247,687  $220,980 

 

The following table provides the gross carrying amount and cumulative impairment expense of goodwill for each operating segment as of  December 31, 2023 and 2022 (in thousands):

 

  

2023

  

2022

 
  

Cost

  

Acquired in acquisitions

  

Measurement period adjustments

  

Accumulated impairment

  

Net Book Value

  

Cost

  

Measurement period adjustments

  

Accumulated impairment

  

Net Book Value

 

NLA

 $155,852  $20,703  $298  $(37,341) $139,512  $130,949  $24,903  $(37,341) $118,511 

ESSA

  94,536   2,863   398   (14,478)  83,319   80,761   13,775   (14,478)  80,058 

MENA

  130,601   1,074   149   (126,383)  5,441   129,714   887   (126,383)  4,218 

APAC

  58,306   1,073   149   (40,113)  19,415   56,794   1,512   (40,113)  18,193 

Total

 $439,295  $25,713  $994  $(218,315) $247,687  $398,218  $41,077  $(218,315) $220,980 

 

During 2023, the Company recognized goodwill totaling $25.7 million from the DeltaTek Acquisition and PRT Acquisition and made measurement period adjustments of $1.0 million related to the DeltaTek Acquisition. Please see Note 3 “Business combinations and dispositions” for additional information.

 

No goodwill impairment expense was recognized during the years ended December 31, 2023, 2022 and 2021.