| Goodwill |
Goodwill The change in the carrying amount of goodwill for the years ended December 31, 2025, 2024 and 2023 is as follows: | | | | | | | | | | | | | December 31, 2025 | December 31, 2024 | December 31, 2023 | | (in thousands) | | Opening balance | $ | 9,051,410 | | $ | 9,022,075 | | $ | 8,971,670 | | | Current period acquisitions (Note 6) | — | | 46,126 | | 36,750 | | | Prior period acquisition (Note 6) | 5,109 | | — | | — | | | Impairment | (364,248) | | — | | — | | | Foreign exchange movement | 39,418 | | (16,791) | | 13,655 | | | Closing balance | $ | 8,731,689 | | $ | 9,051,410 | | $ | 9,022,075 | | | | | |
During the year ended December 31, 2025, the Company recorded a total goodwill impairment charge of $364.2 million (December 31, 2024: $nil; December 31, 2023: $nil) in the Consolidated Statements of Operations related to the Data Solutions reporting unit. This represented the entire balance of goodwill attributed to the Data Solutions reporting unit. The Company performed a quantitative impairment assessment using a discounted cash flow method under the income approach to estimate the fair values of each reporting unit, no impairment was identified in the Company’s other reporting units.
|