Goodwill and Other Intangible Assets (Tables)
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12 Months Ended |
Dec. 31, 2022 |
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| Goodwill and Intangible Assets Disclosure [Abstract] |
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| Change in Goodwill |
The change in goodwill during 2022 consisted of the following: | | | | | | | (dollars in thousands) | Total | | Balance at December 31, 2021 | $ | 1,058,640 | | Additions related to business combination(1) | 3,610 | | Adjustments related to prior year business combination(2) | (2,232) | | Adjustments related to dispositions(3) | (2,501) | | | Effect of foreign currency translation | (7,245) | | | Balance at December 31, 2022 | $ | 1,050,272 | |
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| Fair Values Of Intangible Assets Acquired In Various Business Combinations By Class |
The table below sets forth the balances of each class of intangible asset and related amortization as of: | | | | | | | | | | December 31, | | (dollars in thousands) | 2022 | 2021 | | Finite-lived gross carrying amount | | | | Customer relationships | $ | 569,009 | | $ | 606,409 | | | Marketing assets | 69,643 | | 74,731 | | | Developed technology | 182,463 | | 211,552 | | | Content | 17,900 | | 17,900 | | | | | | | | | Total finite-lived gross carrying amount | 839,015 | | 910,592 | | | Accumulated amortization | | | | Customer relationships | (146,948) | | (151,258) | | | Marketing assets | (8,371) | | (7,269) | | | Developed technology | (46,571) | | (54,013) | | | Content | (1,989) | | — | | | | | | | | | Total accumulated amortization | (203,879) | | (212,540) | | | Intangible assets, net | $ | 635,136 | | $ | 698,052 | |
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| Summary of Amortization Expense |
The following table summarizes amortization expense of our finite-lived intangible assets: | | | | | | | | | | | | | Years ended December 31, | | (dollars in thousands) | 2022 | 2021 | 2020 | | Included in cost of revenue: | | | | | Cost of recurring | $ | 47,085 | | $ | 33,132 | | $ | 36,835 | | | Cost of one-time services and other | 1,407 | | 1,680 | | 2,133 | | | Total included in cost of revenue | 48,492 | | 34,812 | | 38,968 | | | Included in operating expenses | 2,925 | | 2,227 | | 2,915 | | | Total amortization of intangibles from business combinations | $ | 51,417 | | $ | 37,039 | | $ | 41,883 | |
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| Future Amortization Expense for Finite-Lived Intangible Assets |
The following table outlines the estimated future amortization expense for each of the next five years for our finite-lived intangible assets as of December 31, 2022: | | | | | | Years ending December 31,
(dollars in thousands) | Amortization
expense | | 2023 | 55,426 | | | 2024 | 62,015 | | | 2025 | 65,552 | | | 2026 | 63,915 | | | 2027 | 59,755 | | | Total | $ | 306,663 | |
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