Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2023

Goodwill And Other Intangible Assets Disclosure [Abstract]

Changes in Carrying Value of Goodwill

The following table represents the change in the carrying value of goodwill for the three months ended March 31, 2023 (amounts in thousands):

Balance at December 31, 2022	$	855,513
Cumulative translation adjustment		788
Balance at March 31, 2023	$	856,301

Schedule of Intangible Assets

Intangible assets, net, consisted of the following at March 31, 2023:

	March 31, 2023
	Gross Carrying Value		Accumulated Amortization			Net Carrying Value		Weighted Average Useful Life (in years)
	(Amounts in thousands)
Finite-lived intangible assets:
Technology - developed	$	190,620	$	(33,983	)	$	156,637		16
Patents		240		(240	)		—		8
Customer relationships		253,181		(70,844	)		182,337		16
Trademarks		7,687		(1,431	)		6,256		19
Other intangibles		2,819		(2,154	)		665		4
Total finite-lived intangible assets		454,547		(108,652	)		345,895		16
Indefinite-lived intangible asset:
Trademarks		700		—			700		—
Total intangible assets	$	455,247	$	(108,652	)	$	346,595

Intangible assets, net, consisted of the following at December 31, 2022:

	December 31, 2022
	Gross Carrying Value		Accumulated Amortization			Net Carrying Value		Weighted Average Useful Life (in years)
	(Amounts in thousands)
Finite-lived intangible assets:
Technology - developed	$	190,463	$	(30,992	)	$	159,471		16
Patents		240		(240	)		—		8
Customer relationships		252,934		(66,559	)		186,375		15
Trademarks		7,682		(1,319	)		6,363		19
Other intangibles		2,811		(2,044	)		767		4
Total finite-lived intangible assets		454,130		(101,154	)		352,976		16
Indefinite-lived intangible asset:
Trademarks		700		—			700		—
Total intangible assets	$	454,830	$	(101,154	)	$	353,676

Schedule of Amortization Expense for Amortized Intangible Assets

As of March 31, 2023, the Company expects to record the following amortization expense in future periods (amounts in thousands):

	Estimated
	Amortization
For the Years Ended December 31,	Expense
2023 (remaining nine months)	$	22,073
2024		28,628
2025		28,370
2026		28,388
2027		28,302
2028 and thereafter		210,134
Total	$	345,895