v3.25.4
Location Contracts Acquired (Tables)
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of 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 
Other intangible assets, net consist of the following as of December 31 (in thousands):
20252024
Amortization Period
Gross Carrying Amount
Accumulated Amortization (1)
Net Carrying Amount
Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Customer Relationships7 years$6,800 $(4,112)$2,688 $6,800 $(3,325)$3,475 
Software Applications8 years7,800 (3,494)4,306 7,800 (2,519)5,281 
Trade Names20 years11,700 (1,859)9,841 11,700 (1,265)10,435 
Operating licenses
Indefinite
44,199 
N/A
44,199 34,749 
N/A
34,749 
$70,499 $(9,465)$61,034 $61,049 $(7,109)$53,940 
(1)Included in accumulated amortization is an impairment charge of $0.8 million on the customer relationships intangible related to the surrender of the Company’s manufacturing license in Louisiana on October 31, 2024 due to the acquisition of Toucan Gaming. The impairment charge is recorded within Other expenses, net on consolidated statement of operations and comprehensive income.
Schedule of Future Amortization Expense
Estimated amortization expense related to route and customer acquisition costs for the next five years and thereafter is as follows (in thousands):
Year ending December 31:
2026$3,609 
20273,500 
20283,339 
20292,932 
20302,665 
Thereafter15,102 
Total$31,147 
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