| Summary of changes in goodwill |
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|
|
|
Goodwill (in thousands): |
|
|
|
Balance at December 31, 2020 |
|
$ |
653,176 |
Additions |
|
|
69,264 |
Adjustments due to currency translation |
|
|
(621) |
Balance at December 31, 2021 |
|
|
721,819 |
Additions |
|
|
4,455 |
Measurement adjustments |
|
|
2,572 |
Adjustments due to currency translation |
|
|
1,293 |
Balance at March 31, 2022 |
|
$ |
730,139 |
|
| Schedule of Components of Indefinite-lived and Amortizable Intangible Assets |
The following table sets forth the components of indefinite-lived and amortizable intangible assets as of March 31, 2022 and December 31, 2021 (in thousands):
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|
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|
|
|
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|
|
|
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|
|
|
|
|
|
|
|
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|
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|
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|
|
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|
March 31, 2022 |
|
December 31, 2021 |
|
|
|
|
|
|
|
Accumulated |
|
Carrying |
|
|
|
|
Accumulated |
Carrying |
|
Useful Life |
|
|
Gross |
|
Amortization |
|
Value |
|
Gross |
|
Amortization |
|
Value |
|
in Years |
Amortizable intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Customer contracts |
|
$ |
557,164 |
|
$ |
(238,358) |
|
$ |
318,806 |
|
$ |
551,277 |
|
$ |
(225,348) |
|
$ |
325,929 |
|
3-20 |
Trademarks and tradenames |
|
|
12,904 |
|
|
(6,783) |
|
|
6,121 |
|
|
12,784 |
|
|
(6,492) |
|
|
6,292 |
|
7-20 |
Non-compete agreements |
|
|
13,362 |
|
|
(6,364) |
|
|
6,998 |
|
|
13,125 |
|
|
(5,573) |
|
|
7,552 |
|
3-20 |
Patents |
|
|
6,946 |
|
|
(6,502) |
|
|
444 |
|
|
6,946 |
|
|
(5,509) |
|
|
1,437 |
|
3-15 |
Other assets |
|
|
2,217 |
|
|
(1,796) |
|
|
421 |
|
|
2,150 |
|
|
(1,687) |
|
|
463 |
|
10 |
Total amortizable intangible assets |
|
$ |
592,593 |
|
$ |
(259,803) |
|
|
332,790 |
|
$ |
586,282 |
|
$ |
(244,609) |
|
|
341,673 |
|
|
Indefinite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trademarks and tradenames |
|
|
|
|
|
|
|
|
103,399 |
|
|
|
|
|
|
|
|
102,684 |
|
|
Internet domains |
|
|
|
|
|
|
|
|
2,227 |
|
|
|
|
|
|
|
|
2,227 |
|
|
Total indefinite-lived intangible assets |
|
|
|
|
|
|
|
|
105,626 |
|
|
|
|
|
|
|
|
104,911 |
|
|
Total customer contracts and other intangible assets |
|
|
|
|
|
|
|
$ |
438,416 |
|
|
|
|
|
|
|
$ |
446,584 |
|
|
|