v3.25.2
Goodwill and Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Rollforward of Goodwill The changes in the carrying amount of goodwill for the six months ended June 30, 2025 were as follows (in thousands):

 

January 1, 2025, balance

 

$

316,041

 

Effects of changes in foreign currency exchange rates

 

 

9,732

 

June 30, 2025, balance

 

$

325,773

 
Summary of Carrying Value of Other Intangible Assets As of June 30, 2025 and December 31, 2024, the carrying values of these assets were as follows (in thousands):

 

 

 

June 30, 2025

 

 

December 31, 2024

 

 

 

Gross
Carrying
Amount

 

 

Accumulated Amortization

 

 

Net Amount

 

 

Gross
Carrying
Amount

 

 

Accumulated Amortization

 

 

Net Amount

 

Acquired customer contracts

 

$

177,617

 

 

$

(143,546

)

 

$

34,071

 

 

$

172,656

 

 

$

(133,279

)

 

$

39,377

 

Software

 

 

184,556

 

 

 

(162,879

)

 

 

21,677

 

 

 

174,575

 

 

 

(154,648

)

 

 

19,927

 

Total other intangible assets

 

$

362,173

 

 

$

(306,425

)

 

$

55,748

 

 

$

347,231

 

 

$

(287,927

)

 

$

59,304

 

 
Summary of Carrying Values of Customer Contract Cost Assets As of June 30, 2025 and December 31, 2024, the carrying values of our customer contract cost assets, related to those contracts with a contractual term greater than one year, were as follows (in thousands):

 

 

 

June 30, 2025

 

 

December 31, 2024

 

 

 

Gross
Carrying
Amount

 

 

Accumulated Amortization

 

 

Net Amount

 

 

Gross
Carrying
Amount

 

 

Accumulated Amortization

 

 

Net Amount

 

Customer contract costs

 

$

117,972

 

 

$

(51,797

)

 

$

66,175

 

 

$

105,396

 

 

$

(44,587

)

 

$

60,809