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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of changes in carrying amount of goodwill allocated by reportable segments
The changes in the carrying amount of goodwill, allocated by operating segments, were as follows (see Note 15):
(In thousands)Payment
Services -
Puerto Rico & Caribbean
Latin America Payments and SolutionsMerchant
Acquiring, net
Business
Solutions
Total
Balance at December 31, 2023$160,972 $452,597 $138,121 $40,010 $791,700 
Adjustment to goodwill from prior year acquisition— (1,352)— — (1,352)
Foreign currency translation adjustments— (48,703)— — (48,703)
Balance at June 30, 2024$160,972 $402,542 $138,121 $40,010 $741,645 
Summary of carrying amount of other intangible assets
The carrying amount of other intangible assets at June 30, 2024 and December 31, 2023 was as follows:
  June 30, 2024
(Dollar amounts in thousands)Useful life in yearsGross
amount
Accumulated
amortization
Net carrying
amount
Customer relationships
8 - 20
$550,381 $(373,726)$176,655 
Trademarks
10 - 15
88,097 (46,238)$41,859 
Software packages
3 - 10
522,934 (292,938)$229,996 
Non-compete agreement53,555 (428)$3,127 
Other intangible assets, net$1,164,967 $(713,330)$451,637 

  December 31, 2023
(Dollar amounts in thousands)Useful life in years Gross
amount
Accumulated
amortization
Net carrying
amount
Customer relationships
8 - 20
$568,284 $(340,952)$227,332 
Trademarks
1 - 15
94,203 (41,319)52,884 
Software packages
3 - 10
510,898 (274,610)236,288 
Non-compete agreement51,735 (169)1,566 
Other intangible assets, net$1,175,120 $(657,050)$518,070 
Summary of estimated amortization expenses
The estimated amortization expense of the other intangible balances outstanding at June 30, 2024, for the remainder of 2024 and the years thereafter is as follows:
(In thousands)
Remaining 2024$54,782 
202587,631 
202674,283 
202761,724 
202849,983 
Thereafter123,234