Intangible Assets and Goodwill (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets Disclosure

Intangible assets consisted of the following:

	December 31, 2021						December 31, 2020
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	$	268,187	$	(141,492)	$	126,695	$	268,199	$	(115,010)	$	153,189
Software & technology	21,981		(16,234)		5,747		19,000		(12,350)		6,650
Total intangible assets, net	$	290,168	$	(157,726)	$	132,442	$	287,199	$	(127,360)	$	159,839

Future Amortization

Future amortization expense for intangible assets at December 31, 2021 is as follows:

2022	$	29,812
2023	26,962
2024	26,962
2025	20,302
2026	14,148
Thereafter	14,256
Total	$	132,442

Schedule of Goodwill

Changes in the carrying amount of goodwill by reporting segment are shown in the tables below.

	Goodwill before accumulated impairment		Accumulated impairment		December 31, 2020		Acquisitions/dispositions		FX Impact		December 31, 2021
Global Ecommerce	$	609,431	$	(198,169)	$	411,262	$	(16,200)	$	—	$	395,062
Presort Services	220,992		—		220,992		—		—		220,992
SendTech Solutions	520,031		—		520,031		13,804		(14,786)		519,049
Total goodwill	$	1,350,454	$	(198,169)	$	1,152,285	$	(2,396)	$	(14,786)	$	1,135,103

	December 31, 2019		Acquisitions		Impairment		FX Impact		December 31, 2020
Global Ecommerce	$	609,431	$	—	$	(198,169)	$	—	$	411,262
Presort Services	212,529		8,463		—		—		220,992
SendTech Solutions	502,219		—		—		17,812		520,031
Total goodwill	$	1,324,179	$	8,463	$	(198,169)	$	17,812	$	1,152,285