Goodwill

9 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill:

The Company performs an annual review of goodwill as of October 1 of each year or more frequently if indicators of impairment exist. The Company performed its most recent annual review as of October 1, 2022 and concluded that goodwill was not impaired. The Company performed a quarterly impairment assessment by evaluating whether any triggering events had occurred, which included considering current market conditions, and determined that goodwill was not more likely than not impaired as of September 30, 2023.

Changes in goodwill for the three and nine months ended September 30, 2023 and 2022, were as follows (amounts in thousands):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Balance at beginning of period	$	414,905	$	437,032	$	435,921	$	480,263






Change in foreign currency translation adjustment	(2,392)		(32,558)		(23,408)		(75,789)
Balance at end of period	$	412,513	$	404,474	$	412,513	$	404,474