Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2026

Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

Intangible assets consist of the following:


		As of June 30, 2026
		Gross Carrying Amount				Accumulated Amortization				Net Balance				Weighted-Average Amortization Period Remaining
		(in thousands)												(in years)
Customer relationships		$	1,466,963			$	(582,727	)		$	884,236				11.5
OEM authorizations and licenses			500,620				(205,736	)			294,884				8.0
Trademarks			204,000				(98,591	)			105,409				8.1
Technology and other			9,127				(6,279	)			2,848				4.8
Total intangible assets		$	2,180,710			$	(893,333	)		$	1,287,377				10.4

As of December 31, 2025

Gross Carrying
Amount

Accumulated
Amortization

Net Balance

Weighted-Average
Amortization
Period Remaining

(in thousands)

(in years)

Customer relationships

$

1,461,276

$

(540,844

)

$

920,432

12.0

OEM authorizations and licenses

334,297

(204,823

)

129,474

12.4

Trademarks

204,000

(91,847

)

112,153

8.3

Technology and other

9,127

(5,877

)

3,250

5.0

Total intangible assets

$

2,008,700

$

(843,391

)

$

1,165,309

11.6

Schedule of Estimated Amortization Expense

Estimated amortization expense for each of the five succeeding fiscal years is as follows:


		Amortization Expense
		(in thousands)
2026 (excluding the six months ended June 30, 2026)		$	74,816
2027			147,958
2028			146,391
2029			142,815
2030			141,758
2031 and Thereafter			633,639