v3.26.1
Goodwill and Intangible Assets
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill
The following table represents changes in the carrying amount of goodwill:
(In thousands)
Balance as of December 31, 2025$737,946 
Foreign currency exchange rate fluctuations(745)
Balance as of June 30, 2026$737,201 
Intangible Assets, Net
The carrying amounts and useful lives of intangible assets were as follows:
June 30, 2026
Gross carrying
amount (1)
Accumulated
amortization		Foreign currency exchange
rate fluctuations		Net carrying
amount		Useful life
(years)
(In thousands, except for years)
Customer relationships$306,419 $(156,865)$(1,340)$148,214 
10 - 30
Acquired technology37,615 (25,542)— 12,073 
5 - 20
Patents1,656 (1,080)— 576 
2 - 20
Total intangible assets, net
$345,690 $(183,487)$(1,340)$160,863 
 
December 31, 2025
Gross carrying
amount (1)
Accumulated
amortization		Foreign currency exchange
rate fluctuations		Net carrying
amount		Useful life
(years)
(In thousands, except for years)
Customer relationships$306,419 $(148,990)$(1,317)$156,112 
10 - 30
Acquired technology39,715 (26,358)— 13,357 
4 - 20
Trade names2,400 (2,400)— — 5
Patents1,656 (1,020)— 636 
2 - 20
Total intangible assets, net
$350,190 $(178,768)$(1,317)$170,105 
_________________________________________________
(1)    The differences in gross carrying amounts between periods are primarily due to the write-off of certain fully amortized intangible assets.
Amortization expense of intangible assets was $4.6 million and $5.3 million for the three months ended June 30, 2026 and 2025, respectively, and $9.2 million and $11.1 million for the six months ended June 30, 2026 and 2025, respectively.
The estimated future amortization expenses for amortizable intangible assets were as follows:
June 30,
2026
(In thousands)
Remaining six months of 2026$8,794 
202716,504 
202815,449 
202913,952 
203010,444 
Thereafter95,720 
Total$160,863