XML 29 R14.htm IDEA: XBRL DOCUMENT v3.24.0.1
Software and Other Intangible Assets
 12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Software and Other Intangible Assets Software and Other Intangible Assets
The carrying amount and accumulated amortization of the Company's software assets subject to amortization at each balance sheet date are as follows (in thousands):
December 31, 2023December 31, 2022
Gross Carrying
Amount
Accumulated
Amortization
Net
Balance
Gross Carrying
Amount
Accumulated
Amortization
Net
Balance
Software for internal use$469,325 $(360,907)$108,418 $454,171 $(325,062)$129,109 

Software for internal use amortization expense recorded during the years ended December 31, 2023, 2022, and 2021, totaled $64.8 million, $68.0 million, and $69.3 million, respectively. These software amortization expense amounts are reflected in depreciation and amortization in the consolidated statements of operations.
Software for resale amortization expense recorded during the years ended December 31, 2022 and 2021, totaled $0.7 million and $6.2 million, respectively. Software for resale was fully amortized during the first quarter of 2022 and, therefore, there was no amortization expense recorded during the year ended December 31, 2023. These software amortization expense amounts are reflected in cost of revenue in the condensed consolidated statements of operations.

The carrying amount and accumulated amortization of the Company’s other intangible assets subject to amortization at each balance sheet date are as follows (in thousands):
December 31, 2023December 31, 2022
Gross Carrying
Amount
Accumulated
Amortization
Net
Balance
Gross Carrying
Amount
Accumulated
Amortization
Net
Balance
Customer relationships
$447,654 $(252,828)$194,826 $444,749 $(219,057)$225,692 
Trademarks and trade names
21,899 (21,079)820 21,678 (18,672)3,006 
Total other intangible assets
$469,553 $(273,907)$195,646 $466,427 $(237,729)$228,698 

Other intangible assets amortization expense recorded during the years ended December 31, 2023, 2022, and 2021, totaled $33.8 million, $35.5 million, and $37.0 million, respectively.

Based on capitalized intangible assets as of December 31, 2023, estimated amortization expense amounts in future fiscal years are as follows (in thousands):
Fiscal Year Ending December 31,Software
Amortization		Other Intangible
Assets Amortization
2024$51,384 $29,510 
202536,140 21,042 
202617,316 21,042 
20272,530 20,764 
20281,048 18,362 
Thereafter
— 84,926 
Total
$108,418 $195,646