6.Intangible Assets and Goodwill Intangible Assets, Net Intangible assets, net consisted of the following:
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(in millions) |
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Indefinite-
lived trade
names |
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Customer
relationship
intangibles |
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Definite-
lived trade
names |
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Acquired
Technology |
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Acquired
Content |
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Computer
software |
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Capitalized
software in
progress |
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Total
Intangible
Assets |
|
Gross carrying
amount at
March 31, 2026 |
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$ |
45.7 |
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$ |
391.4 |
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$ |
111.9 |
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$ |
8.4 |
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|
$ |
2.6 |
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|
$ |
54.4 |
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$ |
2.4 |
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|
$ |
616.8 |
|
Accumulated amortization |
|
|
— |
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|
(359.9 |
) |
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|
(36.3 |
) |
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|
(6.8 |
) |
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(2.0 |
) |
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|
(37.1 |
) |
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— |
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|
|
(442.1 |
) |
Net carrying
amount at
March 31, 2026 |
|
$ |
45.7 |
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|
$ |
31.5 |
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$ |
75.6 |
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$ |
1.6 |
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$ |
0.6 |
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$ |
17.3 |
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$ |
2.4 |
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$ |
174.7 |
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Gross carrying
amount at
December 31, 2025 |
|
$ |
45.7 |
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|
$ |
391.9 |
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$ |
112.2 |
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$ |
8.4 |
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$ |
2.6 |
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$ |
52.9 |
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$ |
1.9 |
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$ |
615.6 |
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Accumulated amortization |
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|
— |
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|
|
(356.7 |
) |
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|
(34.4 |
) |
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|
(6.6 |
) |
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|
(1.8 |
) |
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|
(34.7 |
) |
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— |
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|
(434.2 |
) |
Net carrying
amount at
December 31, 2025 |
|
$ |
45.7 |
|
|
$ |
35.2 |
|
|
$ |
77.8 |
|
|
$ |
1.8 |
|
|
$ |
0.8 |
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|
$ |
18.2 |
|
|
$ |
1.9 |
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|
$ |
181.4 |
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Amortization expense for the three months ended March 31, 2026 and 2025 was $7.9 million and $6.2 million, respectively. Goodwill The table below summarizes the changes in the carrying amount of goodwill for each reportable segment:
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Reportable Segment |
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(in millions) |
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Connections |
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All Other |
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Total |
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Balance at December 31, 2025 |
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$ |
748.0 |
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$ |
35.6 |
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$ |
783.6 |
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Foreign currency translation |
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(3.3 |
) |
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— |
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|
(3.3 |
) |
Balance at March 31, 2026 |
|
$ |
744.7 |
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|
$ |
35.6 |
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|
$ |
780.3 |
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