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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Changes in the Company’s goodwill balance for the nine months ended September 30, 2022 are summarized in the table below:
($ in thousands)Goodwill
Balance at December 31, 2021$457,472 
Acquired in business combinations48,768 
Adjustment related to prior year business combinations1,466 
Adjustment related to finalization of current year business combinations508 
Foreign currency translation adjustment and other(28,572)
Balance at September 30, 2022$479,642 
Schedule of Intangible Assets, Net
The following is a summary of the Company’s intangible assets, net (in thousands):
Estimated Useful
Life (Years)
Gross
Carrying Amount
Accumulated
Amortization
Net Carrying
Amount
September 30, 2022:
Customer relationships
1-10
$359,858 $147,631 $212,227 
Trade name
1.5-10
9,535 6,298 3,237 
Developed technology
4-9
90,186 51,848 38,338 
Favorable Leases6.3270 32 238 
Total intangible assets$459,849 $205,809 $254,040 
Estimated Useful
Life (Years)
Gross
Carrying Amount
Accumulated
Amortization
Net Carrying
Amount
December 31, 2021:
Customer relationships
1-10
$358,943 $126,329 $232,614 
Trade name
1.5-10
9,714 5,752 3,962 
Developed technology
4-9
88,548 45,204 43,344 
Non-compete agreements
3
1,148 1,148 — 
Total intangible assets$458,353 $178,433 $279,920 
Schedule of Estimated Annual Amortization Expense As of September 30, 2022, the estimated annual amortization expense for the next five years and thereafter is as follows (in thousands):
Amortization
Expense
Year ending December 31:
Remainder of 2022$12,409 
202348,769 
202446,381 
202543,178 
202640,299 
2027 and thereafter63,004 
Total$254,040