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Goodwill and Intangible Assets
 9 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill
Goodwill included the following:
(in thousands)
Balance at December 31, 2022$443,035 
Measurement period adjustments for SuperATV acquisition233 
Foreign currency translation(48)
Balance at September 30, 2023$443,220 
Intangible Assets
Intangible assets included the following:
September 30, 2023December 31, 2022
Intangible assets subject to amortizationGross Carrying ValueAccumulated AmortizationNet Carrying ValueGross Carrying ValueAccumulated AmortizationNet Carrying Value
(in thousands)
Customer relationships$175,430 $29,388 $146,042 $175,430 $21,643 $153,787 
Trade names67,690 9,591 58,099 67,690 6,370 61,320 
Product portfolio107,800 8,012 99,788 107,800 2,953 104,847 
Technology2,167 1,006 1,161 2,167 820 1,347 
Patents and other2,230 518 1,712 1,430 322 1,108 
Total$355,317 $48,515 $306,802 $354,517 $32,108 $322,409 
Amortization expense was $5.5 million and $3.0 million during the three months ended September 30, 2023 and September 24, 2022, respectively, and $16.5 million and $9.1 million during the nine months ended September 30, 2023 and September 24, 2022, respectively.