Goodwill and Intangible Assets

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

8. Goodwill and Intangible Assets

Goodwill consisted of the following:


	Nine Months Ended September 30, 2022
Beginning Balance as of January 1	$	442,761
Goodwill acquired		—
Purchase accounting adjustment		(522	)
Currency translation adjustments		(17,043	)
Ending Balance	$	425,196

Identified intangible assets consisted of the following:


	Gross Amount		Accumulated Amortization			Carrying Value		Weighted Average Remaining Life
September 30, 2022
Customer relationships	$	79,445	$	(22,805	)	$	56,640		7.6
Contractor relationships		535		(278	)		257		6.3
Tradename		13,002		(2,239	)		10,763		5.2
Technology		86,328		(26,697	)		59,631		4.5
	$	179,310	$	(52,019	)	$	127,291

	Gross Amount		Accumulated Amortization			Carrying Value		Weighted Average Remaining Life
December 31, 2021
Customer relationships	$	81,053	$	(16,842	)	$	64,211		8.2
Contractor relationships		535		(247	)		288		7.0
Trade name		14,435		(706	)		13,729		5.8
Technology		90,464		(16,283	)		74,181		5.0
	$	186,487	$	(34,078	)	$	152,409

Amortization expense related to intangible assets for the three months ended September 30, 2022 and 2021 was $6,045 and $3,819, respectively. Amortization expense related to intangible assets for the nine months ended September 30, 2022 and 2021 was $18,559 and $7,675, respectively. Estimated future amortization expense of the identified intangible assets as of September 30, 2022, is as follows:


2022	$	5,945
2023		23,733
2024		23,749
2025		23,733
2026		19,624
Thereafter		30,507
	$	127,291