GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Goodwill

The following table summarizes changes in goodwill during the three months ended March 31, 2024 (in thousands):

Goodwill:
Balance at December 31, 2023	$	1,070,310
Additions	27,337
Adjustments due to currency translation and other	(2,506)
Balance at March 31, 2024	$	1,095,141

Schedule of Components of Indefinite-lived and Amortizable Intangible Assets

The following table sets forth the components of indefinite-lived and amortizable intangible assets as of March 31, 2024, and December 31, 2023 (in thousands):

	March 31, 2024						December 31, 2023
	Gross		Accumulated Amortization		Carrying Value		Gross		Accumulated Amortization		Carrying Value		Useful Life in Years
Amortizable intangible assets:
Customer contracts	$	645,021	$	(255,822)	$	389,199	$	625,920	$	(239,768)	$	386,152	3-20
Trademarks and tradenames	22,413		(10,324)		12,089		21,566		(9,933)		11,633		7-20
Other intangible assets	25,376		(19,233)		6,143		24,766		(18,779)		5,987		3-20
Total amortizable intangible assets	$	692,810	$	(285,379)	$	407,431	$	672,252	$	(268,480)	403,772
Indefinite-lived intangible assets					141,959						141,962
Total customer contracts and other intangible assets					$	549,390					$	545,734

Schedule of Estimated Amortization Expense

Estimated amortization expense for the existing carrying amount of customer contracts and other intangible assets for each of the five succeeding fiscal years as of March 31, 2024 are as follows:

(in thousands)
2024 (excluding the three months ended March 31, 2024)	$	61,384
2025	72,147
2026	68,042
2027	64,176
2028	62,165