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Goodwill and Other Intangible Assets (Tables) | 3 Months Ended
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Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Summary Changes in Net Carrying Amount of Goodwill | Changes in the net carrying amount of goodwill were as follows:
|  | Total |
Goodwill as of December 31, 2023 |  | $ | 157,638 |
Foreign exchange impact |  |  | (1,308 | )
Goodwill as of March 31, 2024 |  | $ | 156,330 |
Summary of Other Intangible Assets | Other intangible assets, net consist of the following components:
|  | As of |
|  | March 31, 2024 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Amount |
Customer lists/relationships |  | $ | 143,652 |  |  | $ | (65,022 | ) |  | $ | 78,630 |
Technology and other intangibles |  |  | 53,904 |  |  |  | (32,585 | ) |  |  | 21,319 |
Other intangible assets, net |  | $ | 197,556 |  |  | $ | (97,607 | ) |  | $ | 99,949 |
|  | As of |
|  | December 31, 2023 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Amount |
Customer lists/relationships |  | $ | 144,671 |  |  | $ | (63,006 | ) |  | $ | 81,665 |
Technology and other intangibles |  |  | 54,052 |  |  |  | (31,760 | ) |  |  | 22,292 |
Other intangible assets, net |  | $ | 198,723 |  |  | $ | (94,766 | ) |  | $ | 103,957 |
Amortization expense for the three months ended March 31, 2024 and March 31, 2023 was $2,825 and $2,511, respectively. The changes in the gross carrying amounts of intangible assets are due to foreign exchange impacts in the quarter.
Summary of Amortization Expense Remaining for Other Intangible Assets | Remaining amortization expense for other intangible assets as of March 31, 2024 is as follows:
|  | Amortization expense |
2024 |  | $ | 8,491 |
2025 |  |  | 10,639 |
2026 |  |  | 10,483 |
2027 |  |  | 10,424 |
2028 |  |  | 10,389 |
Thereafter |  |  | 49,523 |
Total amortization expense |  | $ | 99,949 |

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