v3.25.0.1
Goodwill and Intangible Assets
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
The following table summarizes the changes in the carrying amount of goodwill as of December 31, 2024 and 2023 (in thousands):
20242023
Goodwill$522,766 $522,766 
Intangible assets consisted of the following as of December 31, 2024 and 2023 (in thousands):
  2024
 Amortization
Period (years)		Cost
Accumulated
Amortization
Net
Client Relationships
7-15
$143,101 $75,423 $67,678 
Developed Technology
10-15
310,226 75,758 234,468 
Marketing Assets4549 514 35 
Trademarks1531,473 7,420 24,053 
Trade Name2.52,584 2,584 — 
Trademark - Indefinite lived—13,447 — 13,447 
Total$501,380 $161,699 $339,681 
2023
Amortization
Period (years)		Cost
Accumulated
Amortization
Net
Client Relationships
7-15
$143,101 $65,534 $77,567 
Developed Technology
10-15
310,226 54,438 255,788 
Marketing Assets4549 376 173 
Trademarks1531,473 5,321 26,152 
Trade Name2.52,584 2,583 1 
Trademark - Indefinite lived—13,447 — 13,447 
Total$501,380 $128,252 $373,128 
For the years ended December 31, 2024, 2023 and 2022, amortization on the Consolidated Statements of Operations was recorded as follows (in thousands):
 202420232022
Amortization recorded in:
Cost of revenue$19,638 $19,638 $19,412 
General and administrative13,808 15,495 14,646 
Total amortization$33,446 $35,133 $34,058 
As of December 31, 2024, the estimated amortization expense related to amortizable intangible assets for each of the five following years and thereafter is as follows (in thousands):
2025$33,343 
202633,308 
202732,758 
202832,758 
202932,758 
Thereafter161,309 
Total$326,234