Note 12 - Goodwill

12 Months Ended

Dec. 31, 2022

Notes to Financial Statements

Goodwill Disclosure [Text Block]

12. Goodwill

							Asia			Investment
	Americas			EMEA			Pacific			Management			Consolidated
Balance, December 31, 2020	$	337,727		$	275,546		$	95,419		$	380,292		$	1,088,984
Goodwill acquired during the year		22,491			-			-			-			22,491
Other items		2			-			-			-			2
Foreign exchange		(275	)		(15,782	)		(3,401	)		(971	)		(20,429	)
Balance, December 31, 2021		359,945			259,764			92,018			379,321			1,091,048
Goodwill acquired during the year		35,221			135,061			30,829			735,011			936,122
Goodwill disposed during the year		-			(7,052	)		-			-			(7,052	)
Other items		-			2,410			-			(2,410	)		-
Foreign exchange		(71	)		(21,118	)		(8,486	)		(1,904	)		(31,579	)
Balance, December 31, 2022		395,095			369,065			114,361			1,110,018			1,988,539
Goodwill		421,366			372,377			114,361			1,110,018			2,018,122
Accumulated impairment loss		(26,271	)		(3,312	)		-			-			(29,583	)
	$	395,095		$	369,065		$	114,361		$	1,110,018		$	1,988,539

A test for goodwill impairment is required to be completed annually, in the Company’s case as of August 1, or more frequently if events or changes in circumstances indicate the asset might be impaired. No goodwill impairments were recorded in 2022 or 2021. The accumulated impairment loss reflects a goodwill impairment incurred in 2009.