XML 167 R39.htm IDEA: XBRL DOCUMENT v3.24.2.u1

Goodwill and intangible assets (Tables)

6 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets

Intangible assets, net consisted of the following as of June 30, 2024 and December 31, 2023:

(In thousands, except weighted average useful life)			June 30, 2024
Intangible assets:			Gross Carrying Value						Accumulated Amortization						Net Carrying Value						Weighted Average Useful Life (in years)
Customer relationships			$	9,936					$	(4,489)					$	5,447					10.2
Tradenames			8,134						(2,387)						5,747						10.8
Technology - acquired			18,372						(10,282)						8,090						3.6
Non-compete agreements			750						(709)						41						0.3
Total intangible assets			$	37,192					$	(17,867)					$	19,325					6.8

(In thousands, except weighted average useful life)			December 31, 2023
Intangible assets:			Gross Carrying Value						Accumulated Amortization						Net Carrying Value						Weighted Average Useful Life (in years)
Customer relationships			$	9,936					$	(4,217)					$	5,719					10.7
Tradenames			8,134						(2,077)						6,057						11.3
Technology - acquired			18,372						(9,123)						9,249						4.1
Non-compete agreements			750						(626)						124						0.8
Total intangible assets			$	37,192					$	(16,043)					$	21,149					7.3

Schedule of Amortization Expense for Finite-Lived Intangible Assets

As of June 30, 2024, the Company expects to record the following amortization expense for definite-lived intangible assets:

(In thousands)			Amortization Expense
For the Years Ending December 31,
2024 (6 months remaining)			$	1,778
2025			3,468
2026			3,358
2027			2,605
2028			1,500
Thereafter			6,616
Total			$	19,325

X

- References

No definition available.

+ Details

Name:	us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Section 55
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482640/350-30-55-40

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482665/350-30-50-2

+ Details

Name:	us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Section 55
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482640/350-30-55-40

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482665/350-30-50-2

+ Details

Name:	us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration