v3.26.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill
The change in the Company's goodwill balance was as follows (dollars in thousands):
GoodwillCumulative Impairment
Balance at December 31, 2024$929,609 $— 
Impairment charge(88,783)
Balance at December 31, 2025$840,826 $88,783 
Impairment charge(71,715)
Balance at June 30, 2026$769,111 $160,498 
Schedule of Intangible Assets
Intangible assets consisted of the following (dollars in thousands):
June 30, 2026December 31, 2025
Useful Life Range
(in years)
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Finite-Lived Intangible Assets
Customer relationships
13.5 - 17
$766,053 $440,696 $325,357 $785,203 $419,231 $365,972 
Trademarks and trade names(1)
2
— — — 8,389 8,385 4 
Wireless licenses
10
4,794 1,651 3,143 4,794 1,411 3,383 
Total finite-lived intangible assets$770,847 $442,347 $328,500 $798,386 $429,027 $369,359 
Indefinite-Lived Intangible Assets
Franchise agreements$1,079,000 $1,605,000 
Total intangible assets, net$1,407,500 $1,974,359 
(1)Balances related to fully amortized trademarks and trade names were removed from both the gross carrying amount and accumulated amortization as of June 30, 2026.
Intangible Asset, Finite-Lived, and Capitalized Cost, Software to be Sold, Leased, or Marketed, Estimated Amortization Expense
The future amortization of existing finite-lived intangible assets as of June 30, 2026 was as follows (in thousands):
Year Ending December 31,Amount
2026 (remaining six months)$27,527 
202750,473 
202846,874 
202945,670 
203043,649 
Thereafter114,307 
Total$328,500