v3.26.1
Goodwill and Related Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule Of Changes In Carrying Amount Of Goodwill
The changes in the carrying amount of goodwill for the six months ended June 30, 2026 are as follows (in thousands):
ResidentialAgtechInfrastructureTotal
Balance at December 31, 2025$261,747 $121,607 $31,678 $415,032 
Acquired goodwill526,714 — — 526,714 
Adjustments to prior year acquisitions(1,609)— — (1,609)
Foreign currency translation(566)(519)— (1,085)
Balance at June 30, 2026$786,286 $121,088 $31,678 $939,052 
Schedule Of Acquired Intangible Assets
Intangible assets consisted of the following (in thousands):
June 30, 2026December 31, 2025
Gross
Carrying
Amount
Accumulated
Amortization
Gross
Carrying
Amount
Accumulated
Amortization
Indefinite-lived intangible assets:
Trademarks$19,570 $— $19,570 $— 
Finite-lived intangible assets:
Trademarks123,300 5,307 13,300 2,253 
Unpatented technology26,591 23,433 26,698 22,851 
Customer relationships671,003 50,906 139,835 30,743 
820,894 79,646 179,833 55,847 
Total intangible assets$840,464 $79,646 $199,403 $55,847 
Schedule of Acquired Intangible Asset Amortization Expense
The following table summarizes the intangible asset amortization expense (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
Amortization expense$13,422 $5,697 $23,755 $9,118 
Schedule Of Amortization Expense
Amortization expense related to intangible assets for the remainder of fiscal 2026 and the next five years thereafter is estimated as follows (in thousands):
202620272028202920302031
Amortization expense$27,145 $53,994 $53,754 $53,692 $52,652 $52,164