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Goodwill and Intangibles (Tables)
 12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Goodwill
The following table shows the adjustments to goodwill during 2022 and 2021:
Goodwill
Balance at December 31, 2020$232,771 
Translation adjustments(8,194)
Balance at December 31, 2021$224,577 
Goodwill allocated to the sale of DXP Business(7,567)
Translation adjustments(6,121)
Balance at December 31, 2022$210,889 
Schedule of Composition of Intangible Assets
The Company’s intangible assets consist of the following:
December 31, 2022
CostAccumulated AmortizationNet
Technology$96,209 $(95,487)$722 
Customer lists and relationships118,022 (102,271)15,751 
Capitalized software and patents94,227 (63,164)31,063 
Trade name2,437 (2,437)— 
Total$310,895 $(263,359)$47,536 
December 31, 2021
CostAccumulated AmortizationNet
Technology$101,938 $(96,732)$5,206 
Customer lists and relationships125,115 (103,385)21,730 
Capitalized software and patents82,910 (49,511)33,399 
Trade name2,453 (2,453)— 
Total$312,416 $(252,081)$60,335 
Schedule of Estimated Annual Amortization Expense of Intangible Assets for the Next Five Years
Estimated future amortization expense of its intangible assets for the next five years is as follows:
Year ending December 31,
2023$21,736 
202411,733 
20255,532 
20261,080 
2027102 
Thereafter— 
Total 1
$40,183 
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1     As of December 31, 2022, the Company had $7.4 million of capitalized software costs that are currently in the development stage. Amortization of these costs will begin once the software projects are complete and ready for their intended use.