Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill / Tradename

Goodwill activity for the three months ended March 31, 2023 and the year ended December 31, 2022 was as follows:

(in thousands)	Three months ended March 31, 2023				Year ended December 31, 2022
Goodwill / Tradename	Goodwill		Tradename		Goodwill			Tradename
Balance at beginning of period	$	183,197	$	9,508	$	161,183		$	9,629
Acquisitions		24,380		—		23,312			—
Foreign currency translation		211		28		(1,298	)		(121	)
Balance at end of period	$	207,788	$	9,536	$	183,197		$	9,508

Intangible Assets - Finite Life

Finite life intangible assets consisted of the following:

	March 31, 2023						December 31, 2022
(in thousands)	Cost			Accum. Amort.			Cost			Accum. Amort.
Technology	$	14,457		$	13,799		$	14,457		$	13,729
Customer lists		87,151			58,877			85,719			57,540
Tradename		11,934			4,051			11,604			3,768
Foreign currency adjustments		(1,607	)		(206	)		(1,864	)		(372	)
Total intangible assets – finite life	$	111,935		$	76,521		$	109,916		$	74,665

Summary of Finite Lived Intangible Assets Activities

Finite life intangible asset activity for the three months ended March 31, 2023 and 2022 was as follows:

(in thousands)	2023			2022
Intangible assets – finite life, net at beginning of period	$	35,251		$	25,841
Amortization expense		(1,690	)		(1,431	)
Acquisitions		1,778			—
Foreign currency adjustments		75			(129	)
Intangible assets – finite life, net at end of period	$	35,414		$	24,281