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Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

Intangible assets consisted of the following:

($ in thousands)		Gross Carrying Value				Accumulated Amortization				Net Carrying Value				Weighted Average Useful Life (Years)
Client relationships		$	523,000			$	255,637			$	267,363				5.08
Channel relationships			30,085				8,651				21,434				7.12
Software costs			143,159				77,347				65,812				1.38
Non-compete agreements			90				84				6				0.31
Trade name			20,000				—				20,000				—
Balance as of March 31, 2025		$	716,334			$	341,719			$	374,615				4.41
Client relationships		$	523,000			$	242,458			$	280,542				5.33
Channel relationships			29,885				7,904				21,981				7.36
Software costs			139,444				72,945				66,499				1.00
Non-compete agreements			180				168				12				0.34
Trade name			20,000				—				20,000				—
Balance as of December 31, 2024		$	712,509			$	323,475			$	389,034				4.55

Schedule of Estimated Amortization Expense

The estimated amortization expense for the next five years and thereafter in the aggregate is as follows:

($ in thousands)		Estimated Future
Year Ending December 31,		Amortization Expense
2025		$	71,368
2026			81,672
2027			65,717
2028			55,433
2029			41,760
Thereafter			38,665

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- References

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- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Section 55
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482640/350-30-55-40

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482665/350-30-50-2

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- Definition

Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Section 55
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482640/350-30-55-40

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482665/350-30-50-2

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