| Goodwill and Intangible Assets, Net |
Goodwill and Intangible Assets, Net Goodwill The activity in goodwill was as follows: | | | | | | | (in thousands) | Six Months Ended
June 30, 2026 | | Balance, beginning of period | $ | 541,719 | | | Disposition due to divestiture | (2,344) | | | Foreign currency translation and other | 36 | | | Balance, end of period | $ | 539,411 | |
Intangible Assets Intangible assets, net consisted of the following: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | ($ in thousands) | Gross
Carrying
Amount | | Accumulated
Amortization | | Foreign
Currency
Translation | | Net | | Weighted Average Remaining Amortization Period | | Customer relationships | $ | 200,682 | | | $ | (80,120) | | | $ | (575) | | | $ | 119,987 | | | 6.1 years | | Developed technology | 95,201 | | | (42,520) | | | (222) | | | 52,459 | | | 5.4 years | | $ | 295,883 | | | $ | (122,640) | | | $ | (797) | | | $ | 172,446 | | | 5.9 years |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | ($ in thousands) | Gross
Carrying
Amount | | Accumulated
Amortization | | Foreign
Currency
Translation | | Net | | Weighted Average Remaining Amortization Period | | Customer relationships | $ | 214,451 | | | $ | (70,050) | | | $ | 2,019 | | | $ | 146,420 | | | 6.6 years | | Developed technology | 105,599 | | | (37,198) | | | 994 | | | 69,395 | | | 6.1 years | | $ | 320,050 | | | $ | (107,248) | | | $ | 3,013 | | | $ | 215,815 | | | 6.4 years |
The estimated future annual amortization expense related to intangible assets is as follows: | | | | | | | (in thousands) | | | Remainder of 2026 | $ | 16,916 | | | 2027 | 33,367 | | | 2028 | 32,044 | | | 2029 | 25,605 | | | 2030 | 23,413 | | | Thereafter | 41,101 | | | Total future amortization | $ | 172,446 | |
|