XML 45 R34.htm IDEA: XBRL DOCUMENT v3.24.3
Goodwill and Intangible Assets, Net (Tables)
 9 Months Ended
Sep. 30, 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 Nine Months Ended September 30,
20242023
Balance, beginning of period$1,116,542 $722,774 
Goodwill acquired (1)
20,809 395,164 
Measurement period adjustment — (391)
Foreign currency translation(9)(4)
Balance, end of period$1,137,342 $1,117,543 
————————
(1)Goodwill acquired from the addition of NIA in January 2023 and Machinify in August 2024 as described in Note 4.
Schedule of Intangible Assets, Net
The following summarizes the estimated useful lives by asset classification:
Corporate trade name
3 months
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:

September 30, 2024December 31, 2023
  Weighted- Average Remaining Useful LifeGross Carrying AmountAccumulated AmortizationNet Carrying ValueWeighted- Average Remaining Useful LifeGross Carrying AmountAccumulated AmortizationNet Carrying Value
Corporate trade name0.3$51,965 $46,959 $5,006 1.0$51,965 $30,288 $21,677 
Customer relationships13.7806,668 174,561 632,107 14.5806,668 139,150 667,518 
Technology3.2169,715 113,609 56,106 3.8162,015 101,566 60,449 
Below market lease, net0.01,218 1,218 — 0.01,218 1,218 — 
Provider network contracts1.721,244 17,684 3,560 1.118,054 15,689 2,365 
Total intangible assets, net$1,050,810 $354,031 $696,779 $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 September 30, 2024, is as follows:

2024$21,845 
202565,159 
202664,909 
202762,168 
202850,233 
Thereafter432,465 
Total future amortization of intangible assets$696,779