v3.26.3
Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Goodwill and Intangible Assets

The following table presents amounts related to our goodwill and intangible assets as of September 30, 2026 and December 31, 2025:

 

 

 

 

September 30, 2026

 

 

December 31, 2025

 

 

 

Estimated
Useful Life

 

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

 

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

Amortizing intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

3-20 years

 

$

196.0

 

 

$

180.3

 

 

$

191.6

 

 

$

170.7

 

Developed technology

 

10-20 years

 

 

111.4

 

 

 

89.5

 

 

 

110.3

 

 

 

87.9

 

Trademarks and brand names

 

3-20 years

 

 

36.6

 

 

 

7.3

 

 

 

24.4

 

 

 

5.8

 

Software

 

5-7 years

 

 

19.7

 

 

 

13.8

 

 

 

19.7

 

 

 

11.2

 

Non-compete agreements

 

3-5 years

 

 

7.7

 

 

 

3.6

 

 

 

7.1

 

 

 

2.6

 

Other

 

Various

 

 

11.2

 

 

 

5.9

 

 

 

7.4

 

 

 

2.9

 

Total

 

 

 

$

382.6

 

 

$

300.4

 

 

$

360.5

 

 

$

281.1

 

Non-amortizing intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks and brand names

 

Indefinite

 

 

346.1

 

 

 

 

 

 

345.8

 

 

 

 

Total intangible assets

 

 

 

$

728.7

 

 

 

 

 

$

706.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

Indefinite

 

$

256.6

 

 

 

 

 

$

217.8

 

 

 

 

Schedule of Intangible Assets Amortization Expense

The following table presents the amortization expense related to our intangible assets for the three and nine months ended September 30, 2026 and 2025:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Amortization expense

 

$

7.6

 

 

$

6.1

 

 

$

19.7

 

 

$

19.3