v3.26.1
Goodwill and Other Intangible Assets, Net
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill and Other Intangible Assets, Net Goodwill and Other Intangible Assets, Net
The changes in the carrying amount of goodwill were as follows (in thousands):
Goodwill
Balance at December 31, 2025$648,616 
Measurement period adjustments(2,184)
Cumulative translation adjustment416 
Balance at June 30, 2026$646,848 
For additional information on Goodwill, see Note 4—“Acquisitions.”
Goodwill is not amortized and is reviewed annually for impairment or more frequently if impairment indicators arise, in accordance with U.S. GAAP guidance on Goodwill and Other Intangible Assets.
Other intangible assets consisted of the following (in thousands, except weighted-average remaining life):
June 30, 2026
Gross
Amount		Accumulated
Amortization		Net Carrying
Amount		Weighted-Average
Remaining Life (Years)
Definite life intangible assets:
Customer-related$401,623 $155,067 $246,556 10.9
Technology86,460 31,708 54,752 8.7
Noncompete agreements20,893 20,711 182 1.1
Patents10,862 9,372 1,490 2.6
All other34,343 9,230 25,113 10.3
Total definite life intangible assets554,181 226,088 328,093 
Indefinite life intangible assets:
Trade names79,570 — 79,570 N/A
Licenses2,683 — 2,683 N/A
Domain name454 — 454 N/A
Total indefinite life intangible assets82,707 — 82,707 
Total$636,888 $226,088 $410,800 
December 31, 2025
Gross
Amount		Accumulated
Amortization		Net Carrying
Amount		Weighted-Average
Remaining Life (Years)
Definite life intangible assets:
Customer-related$399,885 $140,218 $259,667 11.3
Technology86,097 28,655 57,442 9.3
Noncompete agreements21,816 21,507 309 1.4
Patents13,160 11,607 1,553 2.6
All other32,938 6,657 26,281 10.7
Total definite life intangible assets553,896 208,644 345,252 
Indefinite life intangible assets:
Trade names79,570 — 79,570 N/A
Licenses2,674 — 2,674 N/A
Domain name454 — 454 N/A
Total indefinite life intangible assets82,698 — 82,698 
Total$636,594 $208,644 $427,950 
Intangible amortization expense was $10.0 million and $9.8 million for the three months ended June 30, 2026 and 2025, respectively. Intangible amortization expense was $20.0 million and $15.3 million for the six months ended June 30, 2026 and 2025, respectively. Intangible amortization is included as part of “Other expenses” in the Company’s unaudited Condensed Consolidated Statements of Operations. There were no impairment charges for the Company’s definite and indefinite life intangibles for both the three and six months ended June 30, 2026 and 2025.
The estimated future amortization expense of definite life intangible assets as of June 30, 2026 is as follows (in millions):
2026 (excluding the six months ended June 30, 2026)$19.6 
202735.3 
202834.5 
202930.8 
203030.2 
2031 and thereafter177.7 
Total$328.1