XML 43 R32.htm IDEA: XBRL DOCUMENT v3.22.2
Goodwill and Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 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 six months ended June 30, 2022 were as follows:
(in thousands) 
Goodwill as of December 31, 2021
$852,536 
Foreign currency translation adjustment(2,227)
Goodwill as of June 30, 2022
$850,309 
Summary of Intangible Assets
Intangible assets, net consisted of the following for the periods presented:
 December 31, 2021June 30, 2022
(dollars in thousands)Estimated Useful LivesGross
Carrying
Amount		Accumulated
Amortization		NetGross
Carrying
Amount		Accumulated
Amortization		Net
Customer lists
7 - 17 years
$507,087 $(304,855)$202,232 $506,367 $(322,741)$183,626 
Trademarks
4 - 16 years
77,434 (31,685)45,749 77,240 (34,591)42,649 
Non-compete agreement
1 - 4 years
3,191 (2,462)729 3,181 (2,510)671 
Technology
3 - 7 years
231,165 (191,320)39,845 238,520 (207,060)31,460 
Domain names
3 - 15 years
10,118 (4,009)6,109 10,118 (4,345)5,773 
Favorable leases
4 - 14 years
4,940 (2,458)2,482 4,940 (2,622)2,318 
  $833,935 $(536,789)$297,146 $840,366 $(573,869)$266,497 
Summary of Estimated Future Amortization Expense Estimated amortization expense as of June 30, 2022 is as follows for each of the next five years:
(in thousands) 
Year Ending December 31, 
2022$31,093 
202351,235 
202441,471 
202532,023 
202626,423 
Thereafter84,252 
 $266,497