v3.25.2
GOODWILL AND OTHER INTANGIBLE ASSETS
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS GOODWILL AND OTHER INTANGIBLE ASSETS
Goodwill
There were no changes in the carrying amounts of goodwill since December 31, 2024.
Other Intangible Assets
June 30, 2025December 31, 2024
(in thousands)Gross Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount		Gross Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount
Definite-lived intangible assets:
Contracts and related customer relationships$6,489,356 $(3,732,974)$2,756,382 $6,158,349 $(3,464,926)$2,693,423 
Dealer relationships1,518,020 (736,869)781,151 1,518,020 (697,324)820,696 
Other209,773 (204,469)5,304 209,773 (202,793)6,980 
Total definite-lived intangible assets8,217,149 (4,674,312)3,542,837 7,886,142 (4,365,043)3,521,099 
Indefinite-lived intangible assets:
Trade name1,333,000 — 1,333,000 1,333,000 — 1,333,000 
Intangible assets$9,550,149 $(4,674,312)$4,875,837 $9,219,142 $(4,365,043)$4,854,099 
    
The change in the net carrying amount of contracts and related customer relationships during the period was as follows:
(in thousands)
Balance as of December 31, 2024$2,693,423 
Customer contract additions, net of dealer charge-backs(1)
331,007 
Amortization(268,048)
Balance as of June 30, 2025$2,756,382 
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(1)     The weighted-average amortization period for customer contract additions was approximately 15 years.
Payments for customer contract additions under the Company’s authorized dealer program and from other third parties are reflected as dealer generated customer accounts and bulk account purchases on the Condensed Consolidated Statements of Cash Flows.
During the three months ended June 30, 2025, the Company completed a bulk customer account purchase for a contractual purchase price of $101 million, subject to reduction based on customer retention, and paid initial cash at closing of $89 million.
Definite-Lived Intangible Asset Amortization Expense
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2025202420252024
Definite-lived intangible asset amortization expense$154,593 $150,644 $309,269 $301,542