OTHER INTANGIBLES, NET (Tables)

9 Months Ended

Sep. 30, 2026

OTHER INTANGIBLES, NET

Summary of gross carrying value and accumulated amortization by each major intangible asset class


					September 30, 2026						December 31, 2025
		Estimated Useful Life (in years)			Gross Carrying Amount			Accumulated Amortization			Gross Carrying Amount			Accumulated Amortization
(in thousands)
Finite-lived intangibles:
Customer relationships ⁽¹⁾		10		$	34,189		$	(6,878)		$	93,700		$	(8,778)
Trade names and trademarks ⁽¹⁾		10			6,867			(1,861)			12,819			(1,816)
Software licenses		3			5,350			(4,563)			5,350			(3,776)
Intangible assets currently being amortized					46,406			(13,302)			111,869			(14,370)

Costs related to internal use software ⁽²⁾					27,907			—			—			—

Other intangibles				$	74,313		$	(13,302)		$	111,869		$	(14,370)

(1)

Current balances reflect the impact of the impairment charges recorded in the third quarter of 2026. See Note titled "Impairment charges" for additional information. In addition, the Company evaluated the remaining useful life of the intangibles that were subject to impairment and concluded that no changes were warranted as the Company continues to service Pintail customers and use the trade names in continuing operations of the Pintail asset group.

(2)	Amortization of these costs will begin when the asset is placed in service per the Company’s policy on internal-use software. As of December 31, 2025, $18.7 million of such costs were included in Property, plant and equipment and have not been reclassified.

Summary of amortization expense


		Three months ended						Nine months ended
		September 30,						September 30,
			2026			2025			2026			2025
(in thousands)
Amortization of finite-lived intangible assets		$	2,638		$	3,609		$	8,546		$	7,219