Goodwill and Intangible Assets

3 Months Ended

Mar. 31, 2024

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, 2023	$	146,558
Acquisition		1,857
Foreign currency translation adjustment		(1,474	)
Balance at March 31, 2024	$	146,941

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

	March 31,			December 31,
	2024			2023
Intangible assets subject to amortization:
Gross carrying amount	$	250,747		$	250,747
Accumulated amortization		(191,630	)		(187,820	)
Foreign currency translation adjustment		(8,333	)		(8,170	)
Total intangible assets subject amortization		50,784			54,757
Intangible assets with indefinite lives:
Gross carrying amount		10,303			10,303
Foreign currency translation adjustment		(1,135	)		(1,123	)
Total intangible assets with indefinite lives		9,168			9,180
Total intangible assets, net	$	59,952		$	63,937

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

Amortization expense	2024		2023
Three Months Ended March 31,	$	3,810	$	3,852