Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill / Tradename

Goodwill activity for the six months ended June 30, 2023 and the year ended December 31, 2022 was as follows:

(in thousands)	Six months ended June 30, 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		15,450		—		23,312			—
Foreign currency translation		1,089		51		(1,298	)		(121	)
Balance at end of period	$	199,736	$	9,559	$	183,197		$	9,508

Intangible Assets - Finite Life

Finite life intangible assets consisted of the following:

	June 30, 2023					December 31, 2022
(in thousands)	Cost			Accum. Amort.		Cost			Accum. Amort.
Technology	$	15,087		$	13,869	$	14,457		$	13,729
Customer lists		94,751			60,255		85,719			57,540
Tradenames		12,634			4,344		11,604			3,768
Foreign currency adjustments		(1,099	)		6		(1,864	)		(372	)
Total intangible assets – finite life	$	121,373		$	78,474	$	109,916		$	74,665

Summary of Finite Lived Intangible Assets Activities

Finite life intangible asset activity for the six months ended June 30, 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		(3,430	)		(2,789	)
Acquisitions		10,708			13,280
Foreign currency adjustments		370			(538	)
Intangible assets – finite life, net at end of period	$	42,899		$	35,794