Goodwill and Other Intangible Assets

3 Months Ended

12 Months Ended

Mar. 31, 2023

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

NOTE 8 – Goodwill and Other Intangible Assets

Goodwill

Changes in the net carrying amount of goodwill were as follows:

	Total
Goodwill as of December 31, 2022	$	152,361
Changes from acquisition purchase accounting		3,444
Foreign exchange impact		(154	)
Goodwill as of March 31, 2023	$	155,651

Other Intangible Assets

Other intangible assets, net consist of the following components:

	As of
	March 31, 2023
	Gross Carrying Amount		Accumulated Amortization			Net Amount
Customer lists/relationships	$	141,952	$	(56,891	)	$	85,061
Technology and other intangibles		53,971		(29,326	)		24,645
Other intangible assets, net	$	195,923	$	(86,217	)	$	109,706
Amortization expense for the three months ended March 31, 2023			$	2,511

The changes in the gross carrying amounts of intangible assets are primarily due to business acquisition and purchase accounting activity in the quarter as discussed in Note 3.

	As of
	December 31, 2022
	Gross Carrying Amount		Accumulated Amortization			Net Amount
Customer lists/relationships	$	148,899	$	(59,603	)	$	89,296
Technology and other intangibles		45,255		(26,498	)		18,757
Other intangible assets, net	$	194,154	$	(86,101	)	$	108,053
Amortization expense for the three months ended March 31, 2022			$	2,381

Remaining amortization expense for other intangible assets as of March 31, 2023 is as follows:

	Amortization expense
2023	$	8,449
2024		10,959
2025		10,482
2026		10,328
2027		10,270
Thereafter		59,218
Total amortization expense	$	109,706

	Total
Goodwill as of December 31, 2022	$	152,361
Changes from acquisition purchase accounting		3,444
Foreign exchange impact		(154	)
Goodwill as of March 31, 2023	$	155,651