v3.24.2
Goodwill and Intangible Assets, Net (Tables)
 6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Activity in Goodwill
The activity in goodwill was as follows:
(in thousands)Six Months Ended
June 30, 2024
Balance, beginning of period$249,176 
 Addition from business acquisitions20,564 
Foreign currency translation(2,685)
Remeasurement from provisional purchase accounting amount1,817 
Balance, end of period$268,872 
Summary of Intangible Assets, Net
Intangible assets, net consisted of the following:
June 30, 2024
($ in thousands)Gross
Carrying
Amount		Accumulated
Amortization 		Foreign
Currency
Translation		NetWeighted Average Remaining Amortization Period
Subscriber relationships$109,923 $(37,983)$(851)$71,089 6.5 years
Developed technology56,018 (19,217)(371)36,430 5.1 years
$165,941 $(57,200)$(1,222)$107,519 6.0 years
December 31, 2023
($ in thousands)Gross
Carrying
Amount		Accumulated
Amortization 		Foreign
Currency
Translation		NetWeighted Average Remaining Amortization Period
Subscriber relationships$105,228 $(32,097)$724 $73,855 6.6 years
Developed technology48,843 (15,669)315 33,489 5.0 years
$154,071 $(47,766)$1,039 $107,344 6.1 years
Summary of Estimated Annual Amortization Expense Related to Intangible Assets
The estimated future annual amortization expense related to intangible assets is as follows:
(in thousands)
Remainder of 2024$9,908 
202519,689 
202618,685 
202718,211 
202816,873 
Thereafter24,153 
Total future amortization$107,519