GOODWILL AND OTHER INTANGIBLE ASSETS

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill was $471,636 and $472,326 as of March 31, 2024 and December 31, 2023, respectively.

The changes in the carrying amount of goodwill for the three months ended March 31, 2024 were as follows:


	Capital Markets Segment		Wealth Management Segment		Auction and Liquidation Segment		Financial Consulting Segment		Communications Segment		Consumer Products Segment		All Other		Total
Balance as of December 31, 2023	$	162,018	$	51,195	$	1,975	$	33,310	$	193,867	$	26,681	$	3,280	$	472,326



Other	(532)		—		—		(158)		—		—		—		(690)
Balance as of March 31, 2024	$	161,486	$	51,195	$	1,975	$	33,152	$	193,867	$	26,681	$	3,280	$	471,636

During the three months ended March 31, 2024, the changes in goodwill included $(158) of foreign currency translation amounts and $(532) related to the sale of certain assets.

Intangible assets consisted of the following:


		As of March 31, 2024						As of December 31, 2023
	Useful Life	Gross Carrying Value		Accumulated Amortization		Intangibles Net		Gross Carrying Value		Accumulated Amortization		Intangibles Net
Amortizable assets:
Customer relationships	1.0 to 16 Years	$	270,398	$	(123,943)	$	146,455	$	272,399	$	(117,228)	$	155,171
Domain names	7 years	176		(173)		3		185		(183)		2
Advertising relationships	8 years	100		(96)		4		100		(94)		6
Internally developed software and other intangibles	0.5 to 10 Years	28,985		(20,481)		8,504		28,985		(19,613)		9,372
Trademarks	3 to 10 Years	20,817		(8,708)		12,109		20,821		(8,133)		12,688
Total		320,476		(153,401)		167,075		322,490		(145,251)		177,239

Non-amortizable assets:
Tradenames		144,775		—		144,775		144,775		—		144,775
Total intangible assets		$	465,251	$	(153,401)	$	311,850	$	467,265	$	(145,251)	$	322,014

Amortization expense was $8,996 and $10,473 during the three months ended March 31, 2024 and 2023, respectively. As of March 31, 2024, estimated future amortization expense was $24,664, $30,002, $26,874, $24,648, and $21,161 for the years ended December 31, 2024 (remaining nine months), 2025, 2026, 2027 and 2028, respectively. The estimated future amortization expense after December 31, 2028 was $39,726.