Intangible Assets

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Note 7. Intangible Assets

Intangible assets consisted of the following as of:


			March 31, 2024
			Useful Life						Gross Carrying Value						Accumulated Amortization						Net Book Value
			(in thousands)

Customer relationships			3-20 years						$	574,616					$	332,191					$	242,425
Developed technology			2-12 years						102,448						75,366						27,082
Trade name			3-10 years						37,303						24,274						13,029
Non-compete agreements			2-5 years						2,379						2,336						43
Total									$	716,746					$	434,167					$	282,579


			December 31, 2023
			Useful Life						Gross Carrying Value						Accumulated Amortization						Net Book Value
			(in thousands)

Customer relationships			3-20 years						$	605,908					$	336,558					$	269,350
Developed technology			2-12 years						106,482						74,717						31,765
Trade name			3-10 years						38,627						24,293						14,334
Non-compete agreements			2-5 years						2,408						2,338						70
Total									$	753,425					$	437,906					$	315,519

Amortization expense was $19.3 million and $23.2 million for the three months ended March 31, 2024 and 2023, respectively.