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Goodwill and Other Intangible Assets
 9 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
The changes in the carrying amount of goodwill, allocated by operating segments, were as follows (see Note 17):
(In thousands)Payment
Services -
Puerto Rico & Caribbean		Payment
Services -
Latin America		Merchant
Acquiring, net		Business
Solutions		Total
Balance at December 31, 2022$160,972 $84,289 $138,121 $40,010 $423,392 
Goodwill attributable to acquisition— 9,735 — — 9,735 
Foreign currency translation adjustments— 1,369 — — 1,369 
Balance at September 30, 2023$160,972 $95,393 $138,121 $40,010 $434,496 
Goodwill is tested for impairment on an annual basis as of August 31, or more often if events or changes in circumstances indicate there may be impairment. The Company may test for goodwill impairment using a qualitative or a quantitative analysis. In a qualitative analysis, the Company assesses whether it is "more likely than not" that the fair value of a reporting unit is less than its carrying amount. In the quantitative analysis, the Company compares the estimated fair value of the reporting units to their carrying values, including goodwill. No impairment losses were recognized based on the quantitative assessment performed as of August 31, 2023. For the corresponding period in 2022 the qualitative analysis was followed and no impairment losses were recognized. Refer to Note 2 - Business Acquisition, for further details of goodwill acquired in the first quarter of 2023.

The carrying amount of other intangible assets at September 30, 2023 and December 31, 2022 was as follows:
  September 30, 2023
(Dollar amounts in thousands)Useful life in yearsGross
amount		Accumulated
amortization		Net carrying
amount
Customer relationships
8 - 20
$403,108 $(327,813)$75,295 
Trademarks
1 - 15
44,495 (39,333)$5,162 
Software packages
3 - 10
405,429 (265,646)$139,783 
Other intangible assets, net$853,032 $(632,792)$220,240 

  December 31, 2022
(Dollar amounts in thousands)Useful life in years Gross
amount		Accumulated
amortization		Net carrying
amount
Customer relationships
8 - 15
$392,737 $(303,733)$89,004 
Trademarks
1 - 15
43,195 (37,998)5,197 
Software packages
3 - 10
349,474 (243,355)106,119 
Other intangible assets, net$785,406 $(585,086)$200,320 

Amortization expense related to other intangibles for the three and nine months ended September 30, 2023 amounted to $16.6 million and $47.8 million, respectively, compared to $15.2 million and $44.5 million for the corresponding periods in 2022. During the nine months ended September 30, 2022, the Company recorded an impairment loss through cost of revenues of $4.1 million for a multi-year software development for which a reduction in future cash flows was projected. The impairment charge affected the Company's Payment Services - Puerto Rico & Caribbean segment.

The estimated amortization expense of the other intangible balances outstanding at September 30, 2023, for the next five years is as follows:
(In thousands)
Remaining 2023$16,411 
202455,249 
202528,644 
202619,267 
202714,522