Goodwill and Identifiable Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Activity in the Goodwill Balance

The following table summarizes the activity in the Company’s goodwill balance (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Balance as of beginning of period:	$	834,174	$	876,541	$	821,214	$	897,795
Effect of foreign currency translation	18,022		(52,331)		30,982		(73,585)
Balance as of end of period:	$	852,196	$	824,210	$	852,196	$	824,210

Schedule of Acquired Intangible Assets

The Company’s acquired intangible assets are summarized as follows (in thousands):

	As of June 30, 2023						As of December 31, 2022
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	$	47,680	$	(27,018)	$	20,662	$	45,498	$	(23,507)	$	21,991
Trade name and other	917		(833)		84		909		(788)		121
Total intangible assets	$	48,597	$	(27,851)	$	20,746	$	46,407	$	(24,295)	$	22,112