v3.26.3
Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Goodwill by Operating Segment
Changes in the carrying amount of goodwill for the nine months ended September 30, 2026 were as follows (in thousands):
Carrying Amount
Balance as of December 31, 2025$641,242 
Acquisitions1,212,684 
Measurement period adjustments(417)
Balance as of September 30, 2026$1,853,509 
Schedule of Intangible Assets
Intangible assets consisted of the following (in thousands):
Weighted-average Useful Life
(in years)
Gross Carrying Value
Accumulated Amortization
Net Carrying Value
September 30, 2026:
Customer-related
12.1$1,078,874 $(149,596)$929,278 
Distribution rights15.124,932 (3,714)21,218 
Total12.1$1,103,806 $(153,310)$950,496 
December 31, 2025:
Customer-related
12.2$396,150 $(100,188)$295,962 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
As of September 30, 2026, the estimated future annual amortization expense related to intangible assets is as follows (in thousands):
Year ending
Amount
Remainder of 2026$23,393 
202791,799 
202890,912 
202990,849 
203090,409 
203187,887 
Thereafter475,247 
Total$950,496