Acquisition, Divestiture, Intangible Assets and Goodwill (Tables)

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

Intangible assets consisted of the following:

	September 30, 2022						December 31, 2021
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	$	153,436	$	(76,408)	$	77,028	$	268,187	$	(141,492)	$	126,695
Software & technology	21,798		(19,427)		2,371		21,981		(16,234)		5,747
Total intangible assets	$	175,234	$	(95,835)	$	79,399	$	290,168	$	(157,726)	$	132,442

Amortization Expense In Future Periods

Future amortization expense as of September 30, 2022 is shown in the table below. Actual amortization expense may differ due to, among other things, fluctuations in foreign currency exchange rates, acquisitions, divestitures and impairment charges.

Remainder 2022	$	3,854
2023	15,416
2024	15,416
2025	15,212
2026	14,223
Thereafter	15,278
Total	$	79,399

Schedule of Goodwill

Changes in the carrying value of goodwill by reporting segment are shown in the table below.

	December 31, 2021		Disposition		Currency impact		September 30, 2022
Global Ecommerce	$	395,062	$	(55,878)	$	—	$	339,184
Presort Services	220,992		—		—		220,992
SendTech Solutions	519,049		—		(33,285)		485,764
Total goodwill	$	1,135,103	$	(55,878)	$	(33,285)	$	1,045,940