v3.25.4
Location Contracts Acquired
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Location Contracts Acquired Location Contracts Acquired
Location contracts acquired in business acquisitions consist of the following as of December 31 (in thousands):
20252024
Cost$335,029 $330,903 
Accumulated amortization(148,623)(128,285)
Location contracts acquired, net$186,406 $202,618 
Estimated amortization expense related to location contracts acquired for the next five years and thereafter is as follows (in thousands):
Year ending December 31:
2026$20,386 
202720,283 
202820,237 
202920,127 
203019,762 
Thereafter85,611 
Total$186,406 
Amortization expense of location contracts acquired was $20.3 million, $17.9 million and $17.1 million during the years ended December 31, 2025, 2024 and 2023, respectively.
Location contracts are tested for impairment when triggering events occur. There were no indicators of impairment of location contracts as of December 31, 2025, 2024, or 2023.