Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 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 at December 31, 2022	$	849,609
Acquisitions	28,570
Foreign currency translation adjustment	211
Goodwill at September 30, 2023	$	878,390

Summary of Intangible Assets

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

	September 30, 2023						December 31, 2022
(dollars in thousands)	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Customer lists	$	532,376	$	(365,853)	$	166,523	$	506,015	$	(340,579)	$	165,436
Trademarks	77,659		(42,135)		35,524		77,198		(37,519)		39,679
Non-compete agreement	3,969		(2,781)		1,188		3,179		(2,584)		595
Technology	261,573		(229,257)		32,316		246,220		(216,330)		29,890
Domain names	10,118		(5,187)		4,931		10,118		(4,682)		5,436
	$	885,695	$	(645,213)	$	240,482	$	842,730	$	(601,694)	$	241,036

Summary of Estimated Future Amortization Expense

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

(in thousands)
Year Ending December 31,
Remainder of fiscal year 2023	$	15,144
2024	52,636
2025	42,591
2026	32,526
2027	24,991
Thereafter	72,594
	$	240,482