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Goodwill and Other Intangible Assets (Tables)
 3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Change in Carrying Amount of Goodwill

The change in the carrying amount of goodwill for the three months ended March 31, 2023 is summarized as follows (in thousands):

 

Total

 

Balance at December 31, 2022

$

242,149

 

Translation adjustments

 

703

 

Balance at March 31, 2023

$

242,852

 
Summary of Carrying Values of Finite-Lived Intangible Assets

The carrying values of finite-lived intangible assets are as follows (in thousands):

 

 

March 31, 2023

 

 

Gross

 

 

 

 

 

Net

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Amount

 

 

Amortization

 

 

Amount

 

Amortizable intangible assets:

 

 

 

 

 

 

 

 

Customer relationships

$

77,798

 

 

$

35,922

 

 

$

41,876

 

Technology

 

16,838

 

 

 

15,133

 

 

 

1,705

 

Trademarks

 

12,477

 

 

 

9,605

 

 

 

2,872

 

Total

$

107,113

 

 

$

60,660

 

 

$

46,453

 

 

 

December 31, 2022

 

 

Gross

 

 

 

 

 

Net

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Amount

 

 

Amortization

 

 

Amount

 

Amortizable intangible assets:

 

 

 

 

 

 

 

 

Customer relationships

$

77,786

 

 

$

33,805

 

 

$

43,981

 

Technology

 

16,803

 

 

 

14,696

 

 

 

2,107

 

Trademarks

 

12,472

 

 

 

9,056

 

 

 

3,416

 

Total

$

107,061

 

 

$

57,557

 

 

$

49,504

 
Summary of Estimated Intangible Assets Amortization Expense

Estimated intangible asset amortization expense for each of the five succeeding years is as follows (in thousands):

 

2023 (remainder)

$

8,878

 

2024

 

9,905

 

2025

 

8,874

 

2026

 

8,391

 

2027

 

8,324

 

Thereafter

 

2,081

 

Total

$

46,453