| Summary of changes in goodwill |
The following table summarizes changes in goodwill during the nine months ended September 30, 2022 and the twelve months ended December 31, 2021 (in thousands):
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Goodwill: |
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|
|
Balance at December 31, 2020 |
|
$ |
653,176 |
Additions |
|
|
69,264 |
Adjustments due to currency translation |
|
|
(621) |
Balance at December 31, 2021 |
|
|
721,819 |
Additions |
|
|
60,962 |
Measurement adjustments |
|
|
65 |
Adjustments due to currency translation |
|
|
(10,521) |
Balance at September 30, 2022 |
|
$ |
772,325 |
|
| 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 September 30, 2022 and December 31, 2021 (in thousands):
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September 30, 2022 |
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December 31, 2021 |
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Accumulated |
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Carrying |
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|
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Accumulated |
Carrying |
|
Useful Life |
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Gross |
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Amortization |
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Value |
|
Gross |
|
Amortization |
|
Value |
|
in Years |
Amortizable intangible assets: |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Customer contracts |
|
$ |
567,698 |
|
$ |
(248,316) |
|
$ |
319,382 |
|
$ |
551,277 |
|
$ |
(225,348) |
|
$ |
325,929 |
|
3-20 |
Trademarks and tradenames |
|
|
18,086 |
|
|
(7,201) |
|
|
10,885 |
|
|
12,784 |
|
|
(6,492) |
|
|
6,292 |
|
7-20 |
Non-compete agreements |
|
|
13,999 |
|
|
(6,927) |
|
|
7,072 |
|
|
13,125 |
|
|
(5,573) |
|
|
7,552 |
|
3-20 |
Patents |
|
|
6,934 |
|
|
(6,692) |
|
|
242 |
|
|
6,946 |
|
|
(5,509) |
|
|
1,437 |
|
3-15 |
Other assets |
|
|
1,910 |
|
|
(1,645) |
|
|
265 |
|
|
2,150 |
|
|
(1,687) |
|
|
463 |
|
10 |
Total amortizable intangible assets |
|
$ |
608,628 |
|
$ |
(270,781) |
|
|
337,847 |
|
$ |
586,282 |
|
$ |
(244,609) |
|
|
341,673 |
|
|
Indefinite-lived intangible assets: |
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|
|
|
|
|
|
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|
|
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|
|
|
|
|
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Trademarks and tradenames |
|
|
|
|
|
|
|
|
103,131 |
|
|
|
|
|
|
|
|
102,684 |
|
|
Internet domains |
|
|
|
|
|
|
|
|
2,227 |
|
|
|
|
|
|
|
|
2,227 |
|
|
Total indefinite-lived intangible assets |
|
|
|
|
|
|
|
|
105,358 |
|
|
|
|
|
|
|
|
104,911 |
|
|
Total customer contracts and other intangible assets |
|
|
|
|
|
|
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$ |
443,205 |
|
|
|
|
|
|
|
$ |
446,584 |
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|