XML 38 R31.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Intangible Assets and Goodwill (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract] |
Summary of Acquired Intangible Assets | The following is a summary of the Company’s acquired other intangible assets (dollars in thousands):
|  | June 30, 2024 |
|  | Weighted average amortization period (in years) |  | Gross carrying amount |  |  | Accumulated amortization |  |  | Net carrying amount |
Market related intangibles |  | 5 |  | $ | 1,820 |  |  | $ | 1,304 |  |  | $ | 516 |
Customer relationships |  | 7 |  |  | 13,780 |  |  |  | 10,130 |  |  |  | 3,650 |
Developed technologies |  | 11 |  |  | 4,380 |  |  |  | 1,795 |  |  |  | 2,585 |
Covenants to non-compete |  | 2 |  |  | 115 |  |  |  | 115 |  |  |  | — |
Total intangible assets, net |  |  |  | $ | 20,095 |  |  | $ | 13,344 |  |  | $ | 6,751 |
|  | December 31, 2023 |
|  | Weighted average amortization period (in years) |  | Gross carrying amount |  |  | Accumulated amortization |  |  | Net carrying amount |
Market related intangibles |  | 5 |  | $ | 1,820 |  |  | $ | 1,135 |  |  | $ | 685 |
Customer relationships |  | 7 |  |  | 13,780 |  |  |  | 8,993 |  |  |  | 4,787 |
Developed technologies |  | 11 |  |  | 4,380 |  |  |  | 1,618 |  |  |  | 2,762 |
Covenants to non-compete |  | 2 |  |  | 115 |  |  |  | 115 |  |  |  | — |
Total intangible assets, net |  |  |  | $ | 20,095 |  |  | $ | 11,861 |  |  | $ | 8,234 |
Schedule of Estimated Annual Amortization of Intangible Assets | Estimated annual amortization of intangible assets for the next five years and thereafter is shown in the foll owing table (in thousands):
|  | Estimated future amortization |
2024 (remaining six months) |  | $ | 1,484 |
2025 |  |  | 2,958 |
2026 |  |  | 557 |
2027 |  |  | 356 |
Thereafter |  |  | 1,396 |
Total |  | $ | 6,751 |

X
- References No definition available. + Details
Name: | us-gaap_IntangibleAssetsNetExcludingGoodwillAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-1 + Details
Name: | us-gaap_ScheduleOfAcquiredFiniteLivedIntangibleAssetsByMajorClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration