XML 48 R36.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Goodwill and Intangible Assets, Net (Tables)
3 Months Ended
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Change in Goodwill
The following table summarizes the changes in the carrying amount of goodwill, for the periods presented (in thousands):

For the Three Months Ended March 31,
20242023
Balance, beginning of period$1,116,542 $722,774 
Goodwill acquired (1)
— 395,164 
Foreign currency translation(3)
Balance, end of period$1,116,539 $1,117,945 
————————
(1)Goodwill acquired from the addition of NIA in January 2023
Schedule of Intangible Assets, Net
The following summarizes the estimated useful lives by asset classification:
Corporate trade name
1 year
Customer relationships
11 - 25 years
Technology5 years
Provider network contracts
3 - 5 years
Details of our intangible assets (in thousands, except weighted-average useful lives) are presented below:

March 31, 2024December 31, 2023
  Weighted- Average Remaining Useful LifeGross Carrying AmountAccumulated AmortizationNet Carrying ValueWeighted- Average Remaining Useful LifeGross Carrying AmountAccumulated AmortizationNet Carrying Value
Corporate trade name0.8$51,965 $35,954 $16,011 1.0$51,965 $30,288 $21,677 
Customer relationships14.2806,668 150,928 655,740 14.5806,668 139,150 667,518 
Technology3.5162,015 105,495 56,520 3.8162,015 101,566 60,449 
Below market lease, net0.01,218 1,218 — 0.01,218 1,218 — 
Provider network contracts1.519,394 16,320 3,074 1.118,054 15,689 2,365 
Total intangible assets, net$1,041,260 $309,915 $731,345 $1,039,920 $287,911 $752,009 
Schedule of Future Estimated Amortization of Intangible Assets
Future estimated amortization of intangible assets (in thousands) as of March 31, 2024, is as follows:

2024$65,129 
202563,288 
202663,038 
202760,296 
202848,362 
Thereafter431,232 
Total future amortization of intangible assets$731,345