| Change in Carrying Value of Goodwill |
The following table represents the change in the carrying value of goodwill for the nine months ended September 30, 2026 (amounts in thousands): | | | | | | | Balance at December 31, 2025 | $ | 1,114,408 | | | Divestiture of Polymem | (713) | | | Cumulative translation adjustment | (13,376) | | | Balance at September 30, 2026 | $ | 1,100,319 | |
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| Schedule of Intangible Assets |
Intangible assets, net, consisted of the following at September 30, 2026, and December 31, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | September 30, 2026 | | Gross
Carrying
Value | | Accumulated
Amortization | | Net
Carrying
Value | | Weighted
Average
Useful Life
(in years) | | (Amounts in thousands) | | | | Finite-lived intangible assets: | | | | | | | | | Technology – developed | $ | 233,937 | | | $ | (79,163) | | | $ | 154,774 | | | 15 | | Customer relationships | 275,633 | | | (132,939) | | | 142,694 | | | 15 | | Trademarks | 10,153 | | | (3,098) | | | 7,055 | | | 18 | | Other intangibles | 3,448 | | | (3,380) | | | 68 | | | 3 | | Total finite-lived intangible assets | 523,171 | | | (218,580) | | | 304,591 | | | 15 | | Indefinite-lived intangible asset: | | | | | | | | | Trademarks | 700 | | | — | | | 700 | | | — | | Total intangible assets | $ | 523,871 | | | $ | (218,580) | | | $ | 305,291 | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | Gross
Carrying
Value | | Accumulated
Amortization | | Net
Carrying
Value | | Weighted
Average
Useful Life
(in years) | | (Amounts in thousands) | | | | Finite-lived intangible assets: | | | | | | | | | Technology – developed | $ | 301,931 | | | $ | (82,032) | | | $ | 219,899 | | | 15 | | Customer relationships | 277,696 | | | (120,205) | | | 157,491 | | | 15 | | Trademarks | 10,564 | | | (2,950) | | | 7,614 | | | 18 | | Other intangibles | 4,027 | | | (3,584) | | | 443 | | | 3 | | Total finite-lived intangible assets | 594,218 | | | (208,771) | | | 385,447 | | | 15 | | Indefinite-lived intangible asset: | | | | | | | | | Trademarks | 700 | | | — | | | 700 | | | — | | Total intangible assets | $ | 594,918 | | | $ | (208,771) | | | $ | 386,147 | | | |
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| Schedule of Amortization Expense for Amortized Intangible Assets |
As of September 30, 2026, the Company expects to record the following amortization expense in future periods: | | | | | | | | | | For the Years Ended December 31, | | Amounts in thousands | | 2026 (remaining three months) | | $ | 8,641 | | | 2027 | | 34,558 | | | 2028 | | 34,525 | | | 2029 | | 34,414 | | | 2030 | | 33,301 | | | 2031 and thereafter | | 159,152 | | | Total | | $ | 304,591 | |
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