v3.26.1
Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Goodwill by Operating Segment
Changes in the carrying amount of goodwill for the six months ended June 30, 2026 were as follows (in thousands):
Carrying Amount
Balance as of December 31, 2025$641,242 
Acquisitions1,171,626 
Measurement period adjustments(2,444)
Balance as of June 30, 2026$1,810,424 
Schedule of Intangible Assets
Intangible assets consisted of the following (in thousands):
Weighted-average Useful Life
(in years)
Gross Carrying Value
Accumulated Amortization
Net Carrying Value
June 30, 2026:
Customer-related
12.1$1,057,373 $(126,926)$930,447 
Distribution rights15.124,932 (3,289)21,643 
Total12.1$1,082,305 $(130,215)$952,090 
December 31, 2025:
Customer-related
12.2$396,150 $(100,188)$295,962 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
As of June 30, 2026, the estimated future annual amortization expense related to intangible assets is as follows (in thousands):
Year ending
Amount
Remainder of 2026$45,890 
202790,007 
202889,120 
202989,057 
203088,618 
203186,095 
Thereafter463,303 
Total$952,090