v3.25.2
Other Intangible Assets
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Other Intangible Assets Other Intangible Assets
The following table presents the detail of acquired intangible assets:
June 30, 2025December 31, 2024
Gross CostAccumulated AmortizationNet CostGross CostAccumulated AmortizationNet Cost
Customer relationships$100,300 $(15,602)$84,698 $100,300 $(12,259)$88,041 
Developed technology77,000 (17,967)59,033 77,000 (14,117)62,883 
Tradename16,000 (3,733)12,267 16,000 (2,933)13,067 
Backlog7,000 (7,000)— 7,000 (7,000)— 
Total$200,300 $(44,302)$155,998 $200,300 $(36,309)$163,991 
All intangible assets are amortized over their estimated useful lives. The weighted average amortization period for identifiable intangible assets acquired as of June 30, 2025 is 10.3 years. Amortization expense recognized during the three and six months ended June 30, 2025 was $4.0 million and $8.0 million, respectively, and was recorded in selling, general and administrative expenses in the consolidated statements of income. Estimated future amortization expense is as follows:
Remainder of 2025$7,994 
202615,987 
202715,987 
202815,987 
202915,987 
203015,987 
Thereafter68,069 
Total$155,998