Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the three months ended March 31, 2022 were as follows:

(in thousands)
Goodwill as of December 31, 2021	$	852,536
Foreign currency translation adjustment	(890)
Goodwill as of March 31, 2022	$	851,646

Summary of Intangible Assets

Intangible assets, net consisted of the following for the periods presented:

		December 31, 2021						March 31, 2022
(dollars in thousands)	Estimated Useful Lives	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Customer lists	7 - 17 years	$	507,087	$	(304,855)	$	202,232	$	507,549	$	(314,327)	$	193,222
Trademarks	4 - 16 years	77,434		(31,685)		45,749		77,550		(33,293)		44,257
Non-compete agreement	1 - 4 years	3,191		(2,462)		729		3,197		(2,487)		710
Technology	3 - 7 years	231,165		(191,320)		39,845		235,057		(199,533)		35,524
Domain names	3 - 15 years	10,118		(4,009)		6,109		10,118		(4,177)		5,941
Favorable leases	4 - 14 years	4,940		(2,458)		2,482		4,940		(2,541)		2,399
		$	833,935	$	(536,789)	$	297,146	$	838,411	$	(556,358)	$	282,053

Summary of Estimated Future Amortization Expense

Estimated amortization expense as of March 31, 2022 is as follows for each of the next five years:

(in thousands)
Year Ending December 31,
2022	$	49,658
2023	50,128
2024	40,326
2025	31,160
2026	26,468
Thereafter	84,313
	$	282,053