v3.26.1
GOODWILL AND 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 were as follows:
Full service
center-based
child care		Back-up careEducational
advisory services		Total
(In thousands)
Balance at January 1, 2026$1,575,631 $210,868 $37,676 $1,824,175 
Adjustments to prior year acquisitions(217)— — (217)
Impairment loss(6,302)— — (6,302)
Effect of foreign currency translation1,656 (412)— 1,244 
Balance at June 30, 2026$1,570,768 $210,456 $37,676 $1,818,900 
Schedule of Intangible Assets
The Company also has intangible assets, which consisted of the following as of June 30, 2026 and December 31, 2025:
June 30, 2026CostAccumulated
amortization		Net carrying
amount
(In thousands)
Definite-lived intangible assets:
Customer relationships$386,873 $(381,537)$5,336 
Trade names16,304 (11,134)5,170 
403,177 (392,671)10,506 
Indefinite-lived intangible assets:
Trade names180,860 — 180,860 
$584,037 $(392,671)$191,366 
December 31, 2025CostAccumulated
amortization		Net carrying
amount
(In thousands)
Definite-lived intangible assets:
Customer relationships$386,482 $(379,457)$7,025 
Trade names16,148 (10,693)5,455 
402,630 (390,150)12,480 
Indefinite-lived intangible assets:
Trade names180,972 — 180,972 
$583,602 $(390,150)$193,452 
Schedule of Estimated Amortization Expense Related to Intangible Assets
The Company estimates that it will record amortization expense related to intangible assets existing as of June 30, 2026 as follows:
Estimated amortization expense
(In thousands)
Remainder of 2026$2,409 
20273,156 
20281,776 
2029720 
2030699 
Thereafter1,746 
$10,506