We amortize intangible assets on a straight-line basis over their estimated useful lives. The following table presents the estimated useful life, gross carrying amount and accumulated amortization related to our identifiable intangible assets as of August 31, 2026 and August 31, 2025:


		August 31, 2026						August 31, 2025
(in thousands, except useful life)	Estimated Useful Life (years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
ABA business process	36	$	1,583,000	$	197,875	$	1,385,125	$	1,583,000	$	153,903	$	1,429,097
Client relationships	11 to 26	279,824		106,719		173,105		280,065		94,365		185,700
Developed technology	3 to 5	347,389		204,482		142,907		260,154		127,669		132,485
Software technology	3 to 12	254,544		148,319		106,225		253,899		131,731		122,168
Data content	7 to 20	87,323		49,317		38,006		86,416		44,490		41,926
Trade names	5 to 10	4,908		826		4,082		4,919		326		4,593
Non-compete agreements	4	290		230		60		290		157		133
Total		$	2,557,278	$	707,768	$	1,849,510	$	2,468,743	$	552,641	$	1,916,102

The weighted average useful life of our intangible assets as of August 31, 2026 was 30.5 years. We did not identify a material change to the estimated remaining useful lives of our intangible assets during fiscal 2026 and 2025. Our intangible assets have no assigned residual values.

The following table presents the amortization expense for our intangible assets which is included in Cost of services in our Consolidated Statements of Income:


(in thousands)	Estimated Amortization Expense
Fiscal Years Ended August 31,
2027	$	141,291
2028	117,430
2029	91,678
2030	76,333
2031	72,119
Thereafter	1,350,659
Total	$	1,849,510