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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The balance of goodwill, net is as follows:
(in millions)
Year Ended December 31,20222021
Balance as of beginning of year$43.8 $43.8 
Acquisition of OTB68.1 — 
Foreign currency translation adjustment(0.7)— 
Balance as of end of year$111.2 $43.8 
Schedule of Definite-Lived Intangible Assets
Intangible assets with definite lives related to the following:
(dollars in millions)Weighted-Average
Useful Life
(Years)
Gross
Carrying Amount
Accumulated
Amortization
Net
Carrying Amount
As of December 31, 2022
Technology4.4$55.3 $(9.7)$45.6 
User base4.819.4 (6.0)13.4 
Customer relationships2.012.2 (6.9)5.3 
Trade names0.4 (0.4)— 
Foreign currency translation adjustment(0.2)
Total$87.3 $(23.0)$64.1 
(dollars in millions)Weighted-Average
Useful Life
(Years)
Gross
Carrying Amount
Accumulated
Amortization
Net
Carrying Amount
As of December 31, 2021
Technology1.8$6.4 $(2.8)$3.6 
User base5.819.4 (3.2)16.2 
Customer relationships2.811.0 (3.5)7.5 
Trade names0.4 (0.4)— 
Foreign currency translation adjustment0.3 
Total$37.2 $(9.9)$27.6 
Schedule of Future Amortization Expense
Estimated future amortization expense as of December 31, 2022 is as follows:
(in millions)
Years Ending December 31,Amortization
2023$17.4 
202413.8 
202513.5 
202612.5 
20277.1 
Foreign currency translation adjustment(0.2)
$64.1