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Intangible Assets
9 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
At September 30, 2023 and December 31, 2022, the Company had $598.1 million and $652.5 million of intangible assets in its ATM segment and $38.5 million and $57.8 million in its FBS segment, respectively. The gross carrying amount and accumulated amortization for intangible assets consisted of the following (in millions):
 September 30, 2023
 Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Amortized Intangible Assets
Customer relationships$732.6 $194.5 $538.1 
Developed technology71.1 32.0 39.1 
Trade names32.7 6.6 26.1 
Acquired technology20.3 3.6 16.7 
Non-compete agreements2.9 2.8 0.1 
Patents1.9 0.9 1.0 
Total(1)(2)
$861.5 $240.4 $621.1 
Unamortized Intangible Assets
Trade names$15.5 $— $15.5 
(1) Includes a decrease of $26.0 million related to measurement period adjustments for the Merger recognized during the nine months ended September 30, 2023.
(2) Includes $0.7 million intangible asset impairment for the three and nine months ended September 30, 2023.
 December 31, 2022
 Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Amortized Intangible Assets
Customer relationships$754.8 $159.4 $595.4 
Developed technology71.2 26.5 44.7 
Trade names35.8 4.4 31.4 
Acquired technology23.5 1.6 21.9 
Non-compete agreements2.9 2.7 0.2 
Patents1.9 0.7 1.2 
Total$890.1 $195.3 $694.8 
Unamortized Intangible Assets
Trade names(1)
$15.5 $— $15.5 
(1) During the first quarter of 2022, indefinite-lived trade names and developed technology with net carrying amounts of $4.2 million and $0.5 million were allocated to the disposal group classified as held for sale and subsequently impaired.
Amortization expense of intangible assets was $15.5 million and $14.8 million for the three months ended September 30, 2023 and 2022, respectively, and $45.5 million and $37.0 million for the nine months ended September 30, 2023 and 2022, respectively. Finite-lived intangibles are expensed using the straight-line amortization method.