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Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amount of Goodwill for continuing operations

The following table summarizes the changes in the carrying amount of goodwill for continuing operations (in thousands):

 

 

 

Total

 

Balance at December 31, 2022

 

 

 

Goodwill, Gross

 

$

401,999

 

Accumulated impairment losses

 

 

(142,000

)

Goodwill, Net

 

 

259,999

 

Currency translation

 

 

2,112

 

Balance at December 31, 2023

 

 

 

Goodwill, Gross

 

 

404,111

 

Accumulated impairment losses

 

 

(142,000

)

Goodwill, Net

 

 

262,111

 

Currency translation

 

 

(4,506

)

Balance at December 31, 2024

 

 

 

Goodwill, Gross

 

 

399,605

 

Accumulated impairment losses

 

 

(142,000

)

Goodwill, Net

 

$

257,605

 
Summary of Identifiable Intangible Assets

The components of identifiable intangible assets were as follows (in thousands):

 

 

 

Technology

 

 

Trademarks
and Trade
Names

 

 

Customer Relationships

 

 

Other(1)

 

 

Total

 

As of December 31, 2023:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangible assets subject to amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross carrying amount

 

$

168,841

 

 

$

37,056

 

 

$

143,565

 

 

$

47,670

 

 

$

397,132

 

Accumulated amortization

 

 

(113,354

)

 

 

(23,393

)

 

 

(98,361

)

 

 

(47,670

)

 

 

(282,778

)

Total identifiable intangible assets

 

$

55,487

 

 

$

13,663

 

 

$

45,204

 

 

$

—

 

 

$

114,354

 

As of December 31, 2024:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangible assets subject to amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross carrying amount

 

$

126,478

 

 

$

34,117

 

 

$

137,770

 

 

$

4,032

 

 

$

302,397

 

Accumulated amortization

 

 

(79,619

)

 

 

(23,563

)

 

 

(104,448

)

 

 

(2,032

)

 

 

(209,663

)

Total identifiable intangible assets

 

$

46,859

 

 

$

10,553

 

 

$

33,322

 

 

$

2,000

 

 

$

92,734

 

 

(1) During the year ended December 31, 2024, we wrote off all fully amortized intangible assets that are no longer in use.
Summary of Estimated Annual Amortization Expense Based upon Intangible Assets Recognized

Estimated annual amortization expense for the years ending December 31, 2025 through 2029, based upon intangible assets recognized as of December 31, 2024, is as follows (in millions):

 

For the Years Ending December 31,

 

 

 

2025

 

$

22.2

 

2026

 

 

22.2

 

2027

 

 

17.1

 

2028

 

 

12.1

 

2029

 

 

11.6