Goodwill and Other Intangible Assets, Net (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of the Goodwill Balances by Component and Segment

The changes in the carrying amount of goodwill are as follows:

(in thousands)
Balance at December 31, 2021	$	112,078
Business acquisition		16,787
Foreign currency translation adjustments		(7,436	)
Balance at December 31, 2022		121,429
Foreign currency translation adjustments		2,436
Other(1)		41
Balance at December 31, 2023	$	123,906

(1)Represents a purchase accounting measurement period adjustment related to the Glacier Raft Company acquisition. Refer to Note 4 – Acquisitions and Disposition for additional information.

Goodwill by reporting unit

The following table summarizes the remaining goodwill by reporting unit:

	December 31,
(in thousands)	2023		2022
Pursuit:
Banff Jasper Collection	$	63,829	$	62,383
Alaska Collection		3,184		3,184
Glacier Park Collection		16,828		16,787
FlyOver		40,065		39,075
Total Goodwill	$	123,906	$	121,429

Summary of Other Intangible Assets

Other intangible assets consisted of the following:

		December 31, 2023							December 31, 2022
(in thousands)	Remaining Useful Life (Years)	Gross Carrying Value		Accumulated Amortization			Net Carrying Value		Gross Carrying Value		Accumulated Amortization			Net Carrying Value
Intangible assets subject to amortization:
Customer contracts and relationships	8.2	$	34,701	$	(29,950	)	$	4,751	$	37,194	$	(30,109	)	$	7,085
Operating contracts and licenses	33.3		40,324		(4,692	)		35,632		38,993		(3,504	)		35,489
In-place lease	32.8		14,754		(1,842	)		12,912		14,420		(1,404	)		13,016
Tradenames	3.3		5,667		(4,121	)		1,546		5,546		(3,324	)		2,222
Other	4.2		787		(200	)		587		770		(163	)		607
Total amortized intangible assets			96,233		(40,805	)		55,428		96,923		(38,504	)		58,419
Indefinite-lived intangible assets:
Business licenses			569		—			569		566		—			566
Other intangible assets		$	96,802	$	(40,805	)	$	55,997	$	97,489	$	(38,504	)	$	58,985

Estimated Future Amortization Expense Related to Intangible Assets Subject to Amortization

At December 31, 2023, the estimated future amortization expense related to intangible assets subject to amortization is as follows:

(in thousands)
Year ending December 31,
2024	$	3,680
2025		2,378
2026		2,344
2027		1,939
2028		1,907
Thereafter		43,180
Total	$	55,428