XML 41 R31.htm IDEA: XBRL DOCUMENT
v3.23.3

Goodwill and Intangible Assets (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Goodwill and Intangible Assets |
Schedule of goodwill | The following table represents the changes in the carrying value of goodwill as of September 30, 2023 and December 31, 2022 (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | September 30, | ​ | December 31,
​ |  | 2023 |  | 2022
Balance at beginning of year | ​ | $ | 151,117 | ​ | $ | 146,954
Foreign currency adjustment | ​ | ​ | (2,170) | ​ | ​ | (5,391)
Goodwill related to CTSA and F-airGate acquisitions | ​ |  | — | ​ |  | 6
Goodwill related to Cell&Co acquisition | ​ | ​ | — | ​ | ​ | 2,785
Goodwill related to Polar Expres acquisition | ​ | ​ | 7 | ​ | ​ | 1,828
Goodwill related to Cell Matters acquisition | ​ | ​ | — | ​ | ​ | 4,935
Total | ​ | $ | 148,954 | ​ | $ | 151,117
Schedule of intangible assets | The following table presents our intangible assets as of September 30, 2023 (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Weighted
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Net | ​ | Average
​ | ​ | Gross | ​ | Accumulated | ​ | Carrying | ​ | Amortization
​ |  | Amount |  | Amortization |  | Amount |  | Period (years)
Non-compete agreement | ​ | $ | 390 | ​ | $ | 338 | ​ | $ | 52 |  | 1
Technology | ​ | ​ | 49,620 | ​ | ​ | 10,219 | ​ | ​ | 39,401 | ​ | 9
Customer relationships | ​ | ​ | 131,326 | ​ | ​ | 27,902 | ​ | ​ | 103,424 | ​ | 11
Trade name/trademark | ​ | ​ | 818 | ​ | ​ | 200 | ​ | ​ | 618 | ​ | 12
Agent network | ​ | ​ | 10,871 | ​ | ​ | 7,500 | ​ | ​ | 3,371 | ​ | 1
Order backlog | ​ | ​ | 2,600 | ​ | ​ | 2,600 | ​ | ​ | — | ​ | —
Land use rights | ​ | ​ | 2,255 | ​ | ​ | 293 | ​ | ​ | 1,962 | ​ | 35
Patents and trademarks | ​ | ​ | 44,392 | ​ | ​ | 258 | ​ | ​ | 44,134 | ​ | —
Total | ​ | $ | 242,272 | ​ | $ | 49,310 | ​ | $ | 192,962 | ​ | ​
​ The following table presents our intangible assets as of December 31, 2022 (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Weighted
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Net | ​ | Average
​ | ​ | Gross | ​ | Accumulated | ​ | Carrying | ​ | Amortization
​ |  | Amount |  | Amortization |  | Amount |  | Period (years)
Non-compete agreement | ​ | $ | 390 | ​ | $ | 280 | ​ | $ | 110 |  | 1
Technology | ​ | ​ | 36,592 | ​ | ​ | 8,056 | ​ | ​ | 28,536 | ​ | 9
Customer relationships | ​ | ​ | 131,716 | ​ | ​ | 21,254 | ​ | ​ | 110,462 | ​ | 12
Trade name/trademark | ​ | ​ | 820 | ​ | ​ | 158 | ​ | ​ | 662 | ​ | 13
Agent network | ​ | ​ | 11,667 | ​ | ​ | 6,199 | ​ | ​ | 5,468 | ​ | 2
Order backlog | ​ | ​ | 2,600 | ​ | ​ | 2,600 | ​ | ​ | — | ​ | —
Land use rights | ​ | ​ | 2,378 | ​ | ​ | 257 | ​ | ​ | 2,121 | ​ | 35
Patents and trademarks | ​ | ​ | 45,181 | ​ | ​ | 1,531 | ​ | ​ | 43,650 |  | —
Total | ​ | $ | 231,344 | ​ | $ | 40,335 | ​ | $ | 191,009 | ​ | ​
Schedule of expected future amortization of intangible assets | ​
​ | ​ | ​ | ​
Years Ending December 31, |  | Amount
Remainder of 2023 (excluding the nine months ended September 30, 2023) | ​ | $ | 3,914
2024 | ​ |  | 15,069
2025 | ​ |  | 13,171
2026 | ​ |  | 12,927
2027 | ​ |  | 12,797
Thereafter | ​ |  | 83,216
​ | ​ | $ | 141,094
​

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 24 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482548/350-20-55-24 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (h) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1A Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-2 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration