Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill / Tradename

Goodwill activity for the six months ended June 30, 2024 and the year ended December 31, 2023 was as follows:

(in thousands)	Six months ended June 30, 2024						Year ended December 31, 2023
Goodwill / Tradename	Goodwill			Tradename			Goodwill		Tradename
Balance at beginning of period	$	211,326		$	9,570		$	183,197	$	9,508
Acquisitions		110			—			27,152		—
Foreign currency translation		(292	)		(48	)		977		62
Balance at end of period	$	211,144		$	9,522		$	211,326	$	9,570

Intangible Assets - Finite Life

Finite life intangible assets as of June 30, 2024 and December 31, 2023 consisted of the following:

	June 30, 2024						December 31, 2023
(in thousands)	Cost			Accum. Amort.			Cost			Accum. Amort.
Technology	$	16,508		$	14,388		$	16,517		$	14,061
Customer lists		103,471			66,721			103,471			63,420
Tradenames		14,094			5,688			14,094			5,001
Foreign currency adjustments		(1,397	)		(207	)		(1,083	)		56
Total intangible assets – finite life	$	132,676		$	86,590		$	132,999		$	82,538

Summary of Finite Lived Intangible Assets Activities

Finite life intangible asset activity for the six months ended June 30, 2024 and 2023 was as follows:

	Six months ended June 30,
(in thousands)	2024			2023
Intangible assets – finite life, net at beginning of period	$	50,461		$	35,251
Amortization expense		(4,315	)		(3,430	)
Acquisitions		—			10,708
Foreign currency adjustments		(60	)		370
Intangible assets – finite life, net at end of period	$	46,086		$	42,899