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Goodwill And Other Intangible Assets | 12 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Note 4—Goodwill and Other Intangible Assets Goodwill allocated to the Company’s reportable operating segments follows:
(in thousands) |  | Americas |  |  | Asia |  |  | Total |
Goodwill as of December 31, 2023 and 2022 |  | $ | 154,014 |  |  | $ | 38,102 |  |  | $ | 192,116 |
A summary of the Company's acquired identifiable intangible assets and capitalized purchased software costs follows:
(in thousands) |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Customer relationships |  | $ | 100,105 |  |  | $ | (71,947 | ) |  | $ | 28,158 |
Capitalized purchased software costs |  |  | 45,062 |  |  |  | (30,463 | ) |  |  | 14,599 |
Technology licenses |  |  | 15,500 |  |  |  | (15,500 | ) |  |  | — |
Trade names and trademarks |  |  | 7,800 |  |  |  | — |  |  |  | 7,800 |
Other |  |  | 869 |  |  |  | (404 | ) |  |  | 465 |
Total intangible assets as of December 31, 2023 |  | $ | 169,336 |  |  | $ | (118,314 | ) |  | $ | 51,022 |
(in thousands) |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Customer relationships |  | $ | 100,072 |  |  | $ | (65,958 | ) |  | $ | 34,114 |
Capitalized purchased software costs |  |  | 52,483 |  |  |  | (36,702 | ) |  |  | 15,781 |
Technology licenses |  |  | 15,500 |  |  |  | (15,500 | ) |  |  | — |
Trade names and trademarks |  |  | 7,800 |  |  |  | — |  |  |  | 7,800 |
Other |  |  | 868 |  |  |  | (377 | ) |  |  | 491 |
Total intangible assets as of December 31, 2022 |  | $ | 176,723 |  |  | $ | (118,537 | ) |  | $ | 58,186 |
During 2023, 2022 and 2021, additions to capitalized purchased software costs were $4.3 m illion, $3.4 million and $3.4 million, respectively. A summary of the components of amortization expense, as presented in the consolidated statements of cash flows, follows:
|  | Year Ended December 31, |
(in thousands) |  | 2023 |  |  | 2022 |  |  | 2021 |
Amortization of intangible assets |  | $ | 5,979 |  |  | $ | 6,384 |  |  | $ | 6,384 |
Amortization of capitalized purchased software costs |  |  | 4,564 |  |  |  | 4,113 |  |  |  | 2,128 |
Amortization of debt costs |  |  | 499 |  |  |  | 416 |  |  |  | 637 |
Total amortization expense |  | $ | 11,042 |  |  | $ | 10,913 |  |  | $ | 9,149 |
A summary of the future amortization expense related to the Company's intangible assets held as of December 31, 2023 for each of the next five years follows (in thousands):
Year ending December 31, |  | Amortization Expense |
2024 |  | $ | 4,817 |
2025 |  |  | 4,817 |
2026 |  |  | 4,817 |
2027 |  |  | 4,817 |
2028 |  |  | 4,817 |

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