Goodwill, Finite-Lived, and Indefinite-Lived Intangibles

3 Months Ended

Mar. 31, 2023

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 three months ended March 31, 2023 and the year ended December 31, 2022 are reflected in the following table:

	March 31, 2023		December 31, 2022
	(Unaudited)
	(In thousands)
Beginning Balance	$	881,676	$	939,249
Additions	—		—
Purchase accounting adjustments	—		—
Foreign currency translation adjustments	$	3,794	(57,573)
Ending Balance	$	885,470	$	881,676

    The carrying value of finite-lived and indefinite-lived intangible assets at March 31, 2023 and December 31, 2022 are as follows:

	March 31, 2023		December 31, 2022
	(Unaudited)
	(In thousands)
Finite-lived intangible assets:
Customer relationships	$	101,053	$	101,401
Developed technology	35,919		34,427
Dealer network	6,058		5,877
Airport contracts	4,016		3,992
Trademarks	2,658		2,651
Store networks	2,166		2,153
Brand	796		791
Non-compete agreements	703		702
Database	212		212
Backlog	140		140
Total intangibles	153,721		152,346
Accumulated amortization	(104,480)		(101,446)
Finite-lived intangibles, net	$	49,241	$	50,900
Indefinite-lived intangibles:	.
Customer/territorial relationships	16,647		16,647

Amortization expense recognized in connection with acquired intangible assets was $3.5 million and for the three month period ended March 31, 2023, and $2.5 million for the three month period ended March 31, 2022, respectively.