Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Changes in Carrying Amount of Goodwill by Reportable Segment

The following table summarizes the changes in the carrying amount of goodwill by historical reportable segment (in thousands):

	Total
Balance at December 31, 2023
Goodwill, Gross	$	404,111
Accumulated impairment losses		(142,000	)
Goodwill, Net		262,111
Currency translation		(2,342	)
Balance at June 30, 2024
Goodwill, Gross		401,769
Accumulated impairment losses		(142,000	)
Goodwill, Net	$	259,769

Summary of Identifiable Intangible Assets

The components of identifiable intangible assets were as follows (in thousands):

	Technology			Trademarks and Trade Names			Customer Relationships			Other			Total
As of December 31, 2023:
Intangible assets subject to amortization:
Gross carrying amount	$	168,841		$	37,056		$	143,565		$	47,670		$	397,132
Accumulated amortization		(113,354	)		(23,393	)		(98,361	)		(47,670	)		(282,778	)
Total identifiable intangible assets	$	55,487		$	13,663		$	45,204		$	—		$	114,354
As of June 30, 2024:
Intangible assets subject to amortization:
Gross carrying amount	$	168,770		$	36,706		$	140,655		$	47,534		$	393,665
Accumulated amortization		(117,597	)		(24,607	)		(101,889	)		(46,534	)		(290,627	)
Total identifiable intangible assets	$	51,173		$	12,099		$	38,766		$	1,000		$	103,038

Summary of Estimated Annual Amortization Expense Based on Exchange Rates

Estimated annual amortization expense for the years ending December 31, 2024 through 2028 based on exchange rates in effect at December 31, 2023 is as follows (in millions):

For the Years Ending December 31,
2024 (remaining)	$	12.2
2025		22.2
2026		22.2
2027		16.9
2028		11.8