Goodwill, Finite-Lived, and Indefinite-Lived Intangibles

6 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill, Finite-Lived, and Indefinite-Lived Intangibles

Goodwill, Finite-Lived, and Indefinite-Lived Intangibles

    Changes in the carrying amount of goodwill for the six months ended June 30, 2022 and the year ended December 31, 2021 are reflected in the following table:

	June 30, 2022		December 31, 2021
	(Unaudited)
	(In thousands)
Beginning Balance	$	939,249	$	949,037
Additions	—		—
Purchase accounting adjustments	—		1,201
Foreign currency translation adjustments	$	(32,442)	(10,989)
Ending Balance	$	906,807	$	939,249

    The carrying value of finite-lived and indefinite-lived intangible assets at June 30, 2022 and December 31, 2021 are as follows:

	June 30, 2022		December 31, 2021
	(Unaudited)
	(In thousands)
Finite-lived intangible assets:
Customer relationships	$	101,343	$	102,446
Developed technology	19,994		20,234
Dealer network	6,169		6,534
Airport contracts	4,190		4,441
Trademarks	2,655		2,696
Store networks	2,260		2,396
Brand	830		880
Non-compete agreements	711		721
Database	212		212
Backlog	140		140
Total intangibles	138,504		140,700
Accumulated amortization	(97,631)		(93,905)
Finite-lived intangibles, net	$	40,873	$	46,795
Indefinite-lived intangibles:
Customer/territorial relationships	$	16,647	$	16,647

Amortization expense recognized in connection with acquired intangible assets was $2.5 million and $5.0 million for the three and six month period ended June 30, 2022, respectively, and $2.8 million and $5.2 million for the three and six month period ended June 30, 2021, respectively.