Post-effective amendment to a registration statement that is not immediately effective upon filing

Goodwill and Other Intangible Assets (Tables)

v3.22.1
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Balance
The Company’s goodwill balance consists of the following:
 
(in ‘000)
  
Amount
 
December 31, 2019
  
$
382,247
 
Measurement period adjustment
Integron
  
 
(366
Currency translation
  
 
868
 
 
  
 
 
 
December 31, 2020
  
$
382,749
 
 
  
 
 
 
Currency translation
  
 
(787
 
  
 
 
 
December 31, 2021
  
$
381,962
 
 
  
 
 
 
Summary Of Other Intangible Assets
The Company’s other intangible assets consist of the following:
 
(in ‘000)
  
Carrying Gross
Amount
 
  
Accumulated
Amortization
 
  
Net Carrying Value
 
Customer relationships
  
$
306,732
 
  
$
(168,679
  
$
138,053
 
Technology
  
 
45,983
 
  
 
(37,529
  
 
8,454
 
Carrier contracts
  
 
65,700
 
  
 
(40,488
  
 
25,212
 
Trademarks
  
 
15,733
 
  
 
(9,221
  
 
6,512
 
Internally developed computer software
  
 
59,906
 
  
 
(34,663
  
 
25,243
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Total as of December 31, 2021
  
$
494,054
 
  
$
(290,580
  
$
203,474
 
 
  
 
 
 
  
 
 
 
  
 
 
 
 
(in ‘000)
  
Carrying Gross
Amount
 
  
Accumulated
Amortization
 
  
Net Carrying Value
 
Customer relationships
  
$
307,356
 
  
$
(143,230
  
$
164,126
 
Technology
  
 
46,229
 
  
 
(33,394
  
 
12,835
 
Carrier contracts
  
 
65,700
 
  
 
(33,918
  
 
31,782
 
Trademarks
  
 
15,828
 
  
 
(7,608
  
 
8,220
 
Internally developed computer software
  
 
45,148
 
  
 
(21,908
  
 
23,240
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Total as of December 31, 2020
  
$
480,261
 
  
$
(240,058
  
$
240,203
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Summary Of Weighted Average Remaining Useful Lives Per Intangible Asset Category
 
  
Years
 
Customer relationships
  
 
5.8
 
Technology
  
 
3.1
 
Carrier contracts
  
 
4.0
 
Trademarks
  
 
5.1
 
Internally developed computer software
  
 
4.0
 
Summary Of The Estimated Amortization Expense
The following table shows the estimated amortization expense for the next five years and thereafter as of December 31, 2021.
 
 
  
Amount
 
2022
  
$
46,788
 
2023
  
 
43,223
 
2024
  
 
39,132
 
2025
  
 
36,359
 
2026
  
 
22,350
 
Thereafter
  
 
15,622
 
 
  
 
 
 
Total
  
$
203,474