Goodwill and Intangible Assets, net (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The changes in the carrying value of goodwill are as follows:

	Year Ended December 31,
(in thousands)	2023		2022		2021
Beginning balance	$	124,593	$	123,694	$	98,531
Measurement period adjustments	—		2,154		26,600
Foreign currency translation impact	1,225		(1,255)		(1,437)
Ending balance	$	125,818	$	124,593	$	123,694

Schedule of Intangible Assets

The gross carrying amount and accumulated amortization of the Company’s intangible assets, net, as of December 31, 2023 were as follows:

(in thousands)	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Estimated Useful Life (Years)
Developed technology	$	91,629	$	(64,453)	$	27,176	3 - 10
Customer relationships	18,809		(11,317)		7,492		5 - 10
Capitalized software	18,423		(4,078)		14,345		3 - 5
Trademarks	11,521		(5,367)		6,154		15
Non-compete agreement	5,878		(1,530)		4,348		3
Patents	3,132		(524)		2,608		3 - 19
Total intangible assets	$	149,392	$	(87,269)	$	62,123

The gross carrying amount and accumulated amortization of the Company’s intangible assets, net, as of December 31, 2022 were as follows:

(in thousands)	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Estimated Useful Life (Years)
Developed technology	$	73,188	$	(54,422)	$	18,766	3 - 8
Customer relationships	18,089		(7,602)		10,487		5 - 10
Trademarks	10,907		(4,119)		6,788		15
Capitalized software	9,620		(1,507)		8,113		3 - 5
Non-compete agreement	776		(395)		381		3
Patents	2,226		(375)		1,851		3 - 19
Total intangible assets	$	114,806	$	(68,420)	$	46,386

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The estimated future amortization expense for the next five years is as follows:

(in thousands)	Amortization Expense
2024	$	19,698
2025	10,356
2026	9,029
2027	6,703
2028	4,526
Thereafter	11,811
	$	62,123