Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Carrying Amount of Goodwill by Reportable Segment

The following table presents the changes in the carrying amount of goodwill by reportable segment:

	Commercial			Government			Parking
($ in thousands)	Services			Solutions			Solutions		Total
Balance at December 31, 2020	$	426,689		$	159,746		$	—	$	586,435
Acquisition of Redflex		—			56,214			—		56,214
Acquisition of T2 Systems		—			—			195,226		195,226
Acquisition of NuPark		—			—			3,160		3,160
Foreign currency translation adjustment		(1,608	)		(560	)		—		(2,168	)
Balance at December 31, 2021		425,081			215,400			198,386		838,867
Measurement period adjustment (a)		—			—			756		756
Foreign currency translation adjustment		(5,361	)		(782	)		—		(6,143	)
Balance at December 31, 2022	$	419,720		$	214,618		$	199,142	$	833,480

(a) This is a measurement period adjustment related to the T2 Systems acquisition, see Note 3. Acquisitions for additional information.

Schedule of Intangible Assets of Respective Period Ends

Intangible assets consist of the following as of the respective period-ends:

	Weighted	Weighted	At December 31, 2022
	Average	Average	Gross
	Remaining	Amortization	Carrying			Accumulated
($ in thousands)	Useful Life	Period	Amount			Amortization
Trademarks	0.4 years	3.7 years	$	36,151		$	32,233
Non-compete agreements	0.1 years	5.0 years		62,529			60,926
Customer relationships	5.5 years	9.3 years		557,570			227,102
Developed technology	1.2 years	5.8 years		201,548			160,117
Gross carrying value of intangible assets				857,798		$	480,378
Less: accumulated amortization				(480,378	)
Intangible assets, net			$	377,420

	Weighted	Weighted	At December 31, 2021
	Average	Average	Gross
	Remaining	Amortization	Carrying			Accumulated
($ in thousands)	Useful Life	Period	Amount			Amortization
Trademarks	0.5 years	3.7 years	$	36,225		$	31,429
Non-compete agreements	1.0 years	5.0 years		62,555			49,982
Customer relationships	6.5 years	9.3 years		561,767			167,255
Developed technology	2.2 years	5.8 years		202,768			127,350
Gross carrying value of intangible assets				863,315		$	376,016
Less: accumulated amortization				(376,016	)
Intangible assets, net			$	487,299

Estimated Amortization Expense in Future Years

Estimated amortization expense in future years is expected to be:

($ in thousands)
2023	$	77,347
2024		66,859
2025		64,161
2026		57,170
2027		28,353
Thereafter		83,530
Total	$	377,420