Intangible Assets and Goodwill (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Intangible Assets Disclosure

Intangible assets consisted of the following:

	December 31, 2023						December 31, 2022
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	$	155,712	$	(95,409)	$	60,303	$	155,715	$	(80,188)	$	75,527
Software & technology	3,047		(1,100)		1,947		22,000		(19,583)		2,417
Total intangible assets, net	$	158,759	$	(96,509)	$	62,250	$	177,715	$	(99,771)	$	77,944

Summary of Future Amortization

Future amortization expense for intangible assets at December 31, 2023 is as follows:

2024	$	15,731
2025	15,527
2026	14,538
2027	11,481
2028	2,438
Thereafter	2,535
Total	$	62,250

Summary 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, 2022		Impairment		FX Impact		December 31, 2023
Global Ecommerce	$	537,353	$	(198,169)	$	339,184	$	(339,184)	$	—	$	—
Presort Services	223,763		—		223,763		—		—		223,763
SendTech Solutions	504,004		—		504,004		—		6,642		510,646
Total goodwill	$	1,265,120	$	(198,169)	$	1,066,951	$	(339,184)	$	6,642	$	734,409

	Goodwill before accumulated impairment		Accumulated impairment		December 31, 2021		Acquisitions/(dispositions)		FX Impact		December 31, 2022
Global Ecommerce	$	593,231	$	(198,169)	$	395,062	$	(55,878)	$	—	$	339,184
Presort Services	220,992		—		220,992		2,771		—		223,763
SendTech Solutions	519,049		—		519,049		—		(15,045)		504,004
Total goodwill	$	1,333,272	$	(198,169)	$	1,135,103	$	(53,107)	$	(15,045)	$	1,066,951