Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 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	28,226
Foreign currency translation adjustment	861
Goodwill as of June 30, 2023	$	878,696

Summary of Intangible Assets

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

		December 31, 2022						June 30, 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	$	532,853	$	(357,449)	$	175,404
Trademarks	2 - 16 years	77,198		(37,519)		39,679		77,760		(40,597)		37,163
Non-compete agreement	1 - 5 years	3,179		(2,584)		595		3,974		(2,708)		1,266
Technology	3 - 8 years	246,220		(216,330)		29,890		257,035		(224,935)		32,100
Domain names	2 - 15 years	10,118		(4,682)		5,436		10,117		(5,019)		5,098
		$	842,730	$	(601,694)	$	241,036	$	881,739	$	(630,708)	$	251,031

Summary of Estimated Future Amortization Expense

Estimated amortization expense as of June 30, 2023 is as follows for each of the next five years:

(in thousands)
Year Ending December 31,
Remainder of fiscal year 2023	$	32,638
2024	49,827
2025	40,918
2026	31,240
2027	24,739
Thereafter	71,669
	$	251,031