Intangible Assets and Goodwill (Tables)

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

Intangible assets consisted of the following:

	March 31, 2024						December 31, 2023
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	$	155,710	$	(99,213)	$	56,497	$	155,712	$	(95,409)	$	60,303
Software & technology	2,980		(1,200)		1,780		3,047		(1,100)		1,947
Total intangible assets	$	158,690	$	(100,413)	$	58,277	$	158,759	$	(96,509)	$	62,250

Schedule of Amortization Expense In Future Periods

Future amortization expense as of March 31, 2024 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 2024	$	11,790
2025	15,516
2026	14,527
2027	11,472
2028	2,438
Thereafter	2,534
Total	$	58,277

Schedule of Goodwill

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

	December 31, 2023		Currency impact		March 31, 2024
Presort Services	$	223,763	$	—	$	223,763
SendTech Solutions	510,646		(5,118)		505,528
Total goodwill	$	734,409	$	(5,118)	$	729,291