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Goodwill and Other Intangible Assets - (Tables)
 3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The Company's goodwill relates to the following reporting units was as follows:
(in thousands)March 31, 2023December 31, 2022
SMB Payments$124,028 $124,625 
Enterprise Payments244,712 244,712 
Total$368,740 $369,337 
The following table summarizes the changes in the carrying value of goodwill for the periods ended March 31, 2023 and December 31, 2022:
(in thousands)Amount
Balance at December 31, 2022$369,337 
Purchase price adjustment for Ovvi(597)
Balance at March 31, 2023
$368,740 
Schedule of Other Intangible Assets
Other intangible assets consisted of the following:
(in thousands, except weighted-average data)March 31, 2023Weighted-average
Useful Life
Gross Carrying ValueAccumulated AmortizationNet Carrying Value
Other intangible assets:
ISO and referral partner relationships$175,300 $(27,096)$148,204 14.8
Residual buyouts136,064 (81,335)54,729 6.3
Customer relationships96,000 (86,319)9,681 8.2
Merchant portfolios76,350 (46,202)30,148 6.7
Technology51,156 (19,524)31,632 8.9
Trade names3,183 (2,199)984 11.4
Non-compete agreements3,390 (3,390)— 0.0
Money transmission licenses(1)
2,100 — 2,100 
Total $543,543 $(266,065)$277,478 9.7
(1)These assets have an indefinite useful life.
(in thousands, except weighted-average data)December 31, 2022Weighted-average
Useful Life
Gross Carrying ValueAccumulated AmortizationNet Carrying Value
Other intangible assets:
ISO and referral partner relationships$175,300 $(24,021)$151,279 14.8
Residual buyouts132,325 (76,316)56,009 6.6
Customer relationships96,000 (83,298)12,702 8.2
Merchant portfolios76,423 (43,170)33,253 6.7
Technology50,963 (18,566)32,397 8.4
Trade names3,183 (2,129)1,054 11.6
Non-compete agreements3,390 (3,390)— 0.0
Money transmission licenses(1)
2,100 — 2,100 
Total $539,684 $(250,890)$288,794 9.7
(1)These assets have an indefinite useful life.

Three Months Ended March 31,
(in thousands)20232022
Amortization expense$15,291 $15,126