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

At June 30, 2026 and December 31, 2025, intangible assets consisted of the following:

 

 

June 30, 2026

 

December 31, 2025

 

 

Gross Carrying Amount

 

Accumulated Amortization

 

Net Book Value

 

Gross Carrying Amount

 

Accumulated Amortization

 

Net Book Value

 

 

(in thousands)

 

(in thousands)

Licenses and permits

$

704,859

$

269,593

$

435,266

$

682,639

$

246,669

$

435,970

Trademarks

 

1,430

 

1,111

 

319

 

1,430

 

1,027

 

403

Customer relationships

 

15,140

 

15,140

 

 

15,140

 

14,832

 

308

Total intangible assets

$

721,429

$

285,844

$

435,585

$

699,209

$

262,528

$

436,681

Summary of estimated annual amortization expense related to intangible assets

The following table outlines the estimated annual amortization expense related to intangible assets as of June 30, 2026:

 

 

 

Estimated
Amortization

Year Ending December 31,

 

(in thousands)

Remainder of 2026

$

23,604

2027

 

47,207

2028

 

47,110

2029

 

47,041

2030

 

46,999

2031 and thereafter

 

223,624

 

$

435,585

Summary of Goodwill And Intangible Assets Disclosure

At June 30, 2026 and December 31, 2025 the balances of goodwill, by segment, consisted of the following:

 

 

 

June 30, 2026

 

December 31, 2025

 

 

(in thousands)

Retail

$

286,670

$

277,342

Consumer packaged goods

 

314,809

 

314,809

Total

$

601,479

$

592,151