v3.26.3
Intangible Assets, Net and Certain Cloud Computing Costs (Tables)
9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Intangible Assets, Net
Intangible assets, net consisted of the following (dollars in thousands):

Gross ValueAccumulated
Amortization
Net Carrying
Value
Weighted
Average
Remaining
Useful Life
(Years)
September 30, 2026
Client and other relationships$1,522,460 $(691,015)$831,445 9.7
Trademarks271,682 (257,533)14,149 1.1
Capitalized software development costs750,647 (525,527)225,120 2.0
Acquired technology330,950 (284,521)46,429 1.1
Intangible assets, net$2,875,739 $(1,758,596)$1,117,143 7.7
December 31, 2025
Client and other relationships$1,525,815 $(602,572)$923,243 10.3
Trademarks272,269 (226,370)45,899 1.3
Capitalized software development costs665,631 (416,448)249,183 2.0
Acquired technology331,973 (253,211)78,762 1.8
Intangible assets, net$2,795,688 $(1,498,601)$1,297,087 7.9
Schedule of Amortization of Intangible Assets Expense by Components
The following table presents the Company's amortization of intangible assets by component (in thousands):

Three Months Ended
September 30,
Nine Months Ended
September 30,
2026202520262025
Amortization of acquired intangibles$51,603 $43,523 $155,112 $130,306 
Amortization of capitalized software development costs36,683 42,234 111,442 128,419 
Amortization of intangible assets$88,286 $85,757 $266,554 $258,725 
Schedule of Periodic Amortization of Intangible Assets to be Charged to Expense over the Remaining Life of Intangible Assets
Periodic amortization of intangible assets that will be charged to expense over the remaining life of the intangible assets as of September 30, 2026 was as follows (in thousands):

Years Ending December 31,
Remainder of 2026$91,239 
2027264,200 
2028167,919 
2029121,526 
2030 and thereafter472,259 
$1,117,143