v3.26.3
Goodwill and Acquired Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Summary of Changes in the Carrying Amount of Goodwill
The following table summarizes the changes in the carrying amount of goodwill as of the dates presented (in thousands):
September 30, 2026
Balance at December 31, 2025$406,507 
Foreign currency translation adjustment1,139 
Balance at September 30, 2026$407,646 
Summary of Acquired Intangible Assets Subject to Amortization
Acquired intangible assets subject to amortization consisted of the following (dollars in thousands):
September 30, 2026
Gross Carrying
Value
Accumulated
Amortization
Net Carrying
Amount
Weighted Average
Remaining Life
(Years)
Acquired Relationships$182,232 $(41,413)$140,819 11.05
Developed Technology76,090 (43,936)32,154 5.48
Trade Name/Trademark5,139 (883)4,256 7.94
$263,461 $(86,232)$177,229 
December 31, 2025
Gross Carrying
Value
Accumulated
Amortization
Net Carrying
Amount
Weighted Average
Remaining Life
(Years)
Acquired Relationships$176,913 $(32,484)$144,429 11.74
Developed Technology75,543 (35,576)39,967 5.94
Trade Name/Trademark5,134 (480)4,654 8.60
$257,590 $(68,540)$189,050 
Schedule of Estimated Annual Amortization Expense of Intangible Assets
As of September 30, 2026, the estimated annual amortization expense of intangible assets for each of the next five years and thereafter is expected to be as follows (in thousands):
Estimated Amortization Expense
Remainder of fiscal year 2026$5,620 
202721,305 
202821,237 
202920,729 
203018,758 
203117,324 
Thereafter72,256 
$177,229