Goodwill and Intangible Assets

3 Months Ended

Mar. 31, 2023

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, 2022	$	144,757
Acquisition		-
Foreign currency translation adjustment		1,180
Balance at March 31, 2023	$	145,937

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

	March 31,			December 31,
	2023			2022
Intangible assets subject to amortization:
Gross carrying amount	$	250,747		$	250,747
Accumulated amortization		(176,389	)		(172,537	)
Foreign currency translation adjustment		(8,085	)		(8,141	)
Total		66,273			70,069
Intangible assets with indefinite lives:
Gross carrying amount		10,303			10,303
Foreign currency translation adjustment		(1,178	)		(1,235	)
Total		9,125			9,068
Total intangible assets, net	$	75,398		$	79,137

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

Amortization expense	2023		2022
Three Months Ended March 31,	$	3,852	$	3,862