Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the periods presented were as follows:

(in thousands)
Goodwill as of December 31, 2022	$	849,609
Acquisitions	27,352
Foreign currency translation adjustment	251
Goodwill as of March 31, 2023	$	877,212

Summary of Intangible Assets

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

		December 31, 2022						March 31, 2023
(dollars in thousands)	Estimated Useful Lives	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Customer lists	7 - 17 years	$	506,015	$	(340,579)	$	165,436	$	533,848	$	(348,729)	$	185,119
Trademarks	2 - 16 years	77,198		(37,519)		39,679		77,791		(39,010)		38,781
Non-compete agreement	1 - 5 years	3,179		(2,584)		595		3,976		(2,619)		1,357
Technology	3 - 8 years	246,220		(216,330)		29,890		252,943		(220,358)		32,585
Domain names	2 - 15 years	10,118		(4,682)		5,436		10,117		(4,850)		5,267
		$	842,730	$	(601,694)	$	241,036	$	878,675	$	(615,566)	$	263,109

Summary of Estimated Future Amortization Expense

Estimated amortization expense as of March 31, 2023 is as follows for each of the next five years:

(in thousands)
Year Ending December 31,
Remainder of fiscal year 2023	$	71,305
2024	45,083
2025	35,729
2026	27,578
2027	22,070
Thereafter	61,344
	$	263,109