v3.26.1
Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and Intangible Assets

The following table presents amounts related to our goodwill and intangible assets as of June 30, 2026 and December 31, 2025:

 

 

 

 

June 30, 2026

 

 

December 31, 2025

 

 

 

Estimated
Useful Life

 

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

 

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

Amortizing intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

3-20 years

 

$

197.8

 

 

$

177.1

 

 

$

191.6

 

 

$

170.7

 

Developed technology

 

10-20 years

 

 

111.0

 

 

 

88.9

 

 

 

110.3

 

 

 

87.9

 

Trademarks and brand names

 

3-20 years

 

 

35.4

 

 

 

6.7

 

 

 

24.4

 

 

 

5.8

 

Software

 

5-7 years

 

 

19.7

 

 

 

12.9

 

 

 

19.7

 

 

 

11.2

 

Non-compete agreements

 

3-5 years

 

 

8.0

 

 

 

3.5

 

 

 

7.1

 

 

 

2.6

 

Other

 

Various

 

 

7.4

 

 

 

4.0

 

 

 

7.4

 

 

 

2.9

 

Total

 

 

 

$

379.3

 

 

$

293.1

 

 

$

360.5

 

 

$

281.1

 

Non-amortizing intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks and brand names

 

Indefinite

 

 

345.9

 

 

 

 

 

 

345.8

 

 

 

 

Total intangible assets

 

 

 

$

725.2

 

 

 

 

 

$

706.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

Indefinite

 

$

259.2

 

 

 

 

 

$

217.8

 

 

 

 

Schedule of Intangible Assets Amortization Expense

The following table presents the amortization expense related to our intangible assets for the three and six months ended June 30, 2026 and 2025:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Amortization expense

 

$

6.3

 

 

$

6.5

 

 

$

12.1

 

 

$

13.2