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Note 12 - Goodwill
12 Months Ended
Dec. 31, 2023
Notes to Financial Statements  
Goodwill Disclosure [Text Block]

12.      Goodwill

 

          

Asia

         
  

Americas

  

EMEA

  

Pacific

  

IM

  

Consolidated

 

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)

December 31, 2022

  395,095   369,065   114,361   1,110,018   1,988,539 

Goodwill acquired during the year

  22,168   -   12,201   -   34,369 

Goodwill disposed during the year

  (629)  -   -   -   (629)

Other items

  (144)  (683)  -   -   (827)

Foreign exchange

  643   14,234   400   1,511   16,788 

December 31, 2023

  417,133   382,616   126,962   1,111,529   2,038,240 

Goodwill

  443,404   385,928   126,962   1,111,529   2,067,823 

Accumulated impairment loss

  (26,271)  (3,312)  -   -   (29,583)
  $417,133  $382,616  $126,962  $1,111,529  $2,038,240 

 

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 2023 or 2022. The accumulated impairment loss reflects a goodwill impairment incurred in 2009.