Goodwill and Intangible Assets

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

NOTE 4 – Goodwill and Intangible Assets

The table below sets forth the changes in goodwill:

Balance at December 31, 2021	$	149,890
Acquisition	$	1,779
Foreign currency translation adjustment		(10,494	)
Balance at September 30, 2022	$	141,175

The table below sets forth the value of intangible assets, other than goodwill:

	September 30,			December 31,
	2022			2021
Intangible assets subject to amortization:
Gross carrying amount	$	249,756		$	247,695
Accumulated amortization		(168,707	)		(156,927	)
Foreign currency translation adjustment		(8,347	)		(7,582	)
Total		72,702			83,186
Intangible assets with indefinite lives:
Gross carrying amount		10,303			12,364
Foreign currency translation adjustment		(1,386	)		(1,000	)
Total		8,917			11,364
Total intangible assets, net	$	81,619		$	94,550

The table below sets forth amortization expense related to intangible assets subject to amortization:

Amortization expense	2022		2021
Three Months Ended September 30,	$	3,938	$	4,056
Nine Months Ended September 30,	$	11,780	$	12,139