Goodwill and Intangible Assets - Summary of Company's intangible assets (Details) - USD ($) $ in Thousands |
3 Months Ended | ||
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Mar. 31, 2024 |
Mar. 31, 2023 |
Dec. 31, 2023 |
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Finite-Lived Intangible Assets [Line Items] | |||
Gross Carrying Amount | $ 264,928 | $ 265,986 | |
Accumulated Amortization | (132,113) | (125,103) | |
Total | 132,815 | 140,883 | |
Amortization expense | 7,300 | $ 6,200 | |
Trademarks and brands | |||
Finite-Lived Intangible Assets [Line Items] | |||
Gross Carrying Amount | 11,733 | 11,734 | |
Accumulated Amortization | (5,351) | (5,140) | |
Total | 6,382 | 6,594 | |
Customer relationships | |||
Finite-Lived Intangible Assets [Line Items] | |||
Gross Carrying Amount | 160,687 | 161,173 | |
Accumulated Amortization | (66,462) | (62,955) | |
Total | 94,225 | 98,218 | |
Developed technology | |||
Finite-Lived Intangible Assets [Line Items] | |||
Gross Carrying Amount | 92,443 | 93,013 | |
Accumulated Amortization | (60,235) | (56,942) | |
Total | 32,208 | 36,071 | |
Non-compete agreements | |||
Finite-Lived Intangible Assets [Line Items] | |||
Gross Carrying Amount | 65 | 66 | |
Accumulated Amortization | $ (65) | $ (66) |
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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount before amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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