XML 38 R17.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Intangible Assets | 12 Months Ended
--- | ---
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets | Intangible Assets The gross carrying amount and accumulated amortization of intangible assets were as follows (in thousands):
|  |  | December 31,
|  |  | 2023 |  | 2022
| Useful Life (Years) |  | Gross Amount |  | Accumulated Amortization |  |  | Net Carrying Amount |  | Gross Amount |  | Accumulated Amortization |  |  | Net Carrying Amount
Customer relationships | 5-18 |  | $ | 110,780 |  |  | $ | (90,506) |  |  |  | $ | 20,274 |  |  | $ | 109,683 |  |  | $ | (84,130) |  |  |  | $ | 25,553 |
Software/Technology | 3-15 |  | 55,053 |  |  | (32,230) |  |  |  | 22,823 |  |  | 51,028 |  |  | (28,669) |  |  |  | 22,359 |
Covenants not to compete | 2-5 |  | 12,536 |  |  | (12,488) |  |  |  | 48 |  |  | 12,488 |  |  | (12,416) |  |  |  | 72 |
Other | 2-12 |  | 10,466 |  |  | (9,617) |  |  |  | 849 |  |  | 10,389 |  |  | (9,358) |  |  |  | 1,031 |
Total |  |  | $ | 188,835 |  |  | $ | (144,841) |  |  |  | $ | 43,994 |  |  | $ | 183,588 |  |  | $ | (134,573) |  |  |  | $ | 49,015 |
Amortization expense for the years ended December 31, 2023, 2022 and 2021, was approximately $8.5 million, $9.1 million, and $9.7 million, respectively, including amortization of software/technology for these periods of $2.9 million, $2.9 million, and $3.0 million, respectively. Amortization expense in each of the five years and thereafter subsequent to December 31, 2023 related to the Company’s intangible assets is expected to be as follows (in thousands):
| Expected Amortization Expense
2024 | $ | 9,054 |
2025 | 6,829 |
2026 | 6,120 |
2027 | 4,752 |
2028 | 4,620 |
Thereafter | 12,619 |
Total | $ | 43,994 |

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 The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350-30/tableOfContent + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration