Goodwill and Intangible Assets - Summary of Company's intangible assets (Details) - USD ($) $ in Thousands |
3 Months Ended | 9 Months Ended | |||
---|---|---|---|---|---|
Sep. 30, 2023 |
Sep. 30, 2022 |
Sep. 30, 2023 |
Sep. 30, 2022 |
Dec. 31, 2022 |
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Finite-Lived Intangible Assets [Line Items] | |||||
Gross Carrying Amount | $ 265,955 | $ 265,955 | $ 234,308 | ||
Accumulated Amortization | (118,649) | (118,649) | (98,879) | ||
Total | 147,306 | 147,306 | 135,429 | ||
Amortization expense | 7,400 | $ 6,200 | 20,000 | $ 18,800 | |
Trademarks and brands | |||||
Finite-Lived Intangible Assets [Line Items] | |||||
Gross Carrying Amount | 11,732 | 11,732 | 11,733 | ||
Accumulated Amortization | (4,927) | (4,927) | (4,294) | ||
Total | 6,805 | 6,805 | 7,439 | ||
Customer relationships | |||||
Finite-Lived Intangible Assets [Line Items] | |||||
Gross Carrying Amount | 160,239 | 160,239 | 145,834 | ||
Accumulated Amortization | (59,326) | (59,326) | (49,587) | ||
Total | 100,913 | 100,913 | 96,247 | ||
Developed technology | |||||
Finite-Lived Intangible Assets [Line Items] | |||||
Gross Carrying Amount | 93,921 | 93,921 | 76,677 | ||
Accumulated Amortization | (54,333) | (54,333) | (44,956) | ||
Total | 39,588 | 39,588 | 31,721 | ||
Non-compete agreements | |||||
Finite-Lived Intangible Assets [Line Items] | |||||
Gross Carrying Amount | 63 | 63 | 64 | ||
Accumulated Amortization | $ (63) | $ (63) | (42) | ||
Total | $ 22 |
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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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