Intangible Assets (Tables)
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9 Months Ended |
Sep. 30, 2026 |
| Intangible Asset, Goodwill and Other [Abstract] |
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| Summary of Definite-lived Intangible Asset |
The Company's definite-lived and indefinite-lived intangible assets consisted of the following as of:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | September 30, 2026 | | December 31, 2025 | | | | Gross Carrying Amount | | Accumulated Amortization | | Net Book Value | | Gross Carrying Amount | | Accumulated Amortization | | Net Book Value | | | | | | | | | | | | | | | | | | (in thousands) | | Definite-lived intangible assets: | | | | | | | | | | | | | | Licenses | | | $ | 379,286 | | | $ | 130,658 | | | $ | 248,628 | | | $ | 1,052,371 | | | $ | 298,744 | | | $ | 753,627 | | | Trademarks | | | 14,510 | | | 14,510 | | | — | | | 27,430 | | | 25,254 | | | 2,176 | | | Internal use software | | | 65,770 | | | 19,885 | | | 45,885 | | | 67,472 | | | 25,110 | | | 42,362 | | | Tradenames | | | 1,000 | | | 875 | | | 125 | | | 4,861 | | | 4,661 | | | 200 | | | Total definite-lived intangible assets | | | 460,566 | | | 165,928 | | | 294,638 | | | 1,152,134 | | | 353,769 | | | 798,365 | | | Indefinite-lived intangible assets: | | | | | | | | | | | | | | Trademarks | | | 40,400 | | | — | | | 40,400 | | | — | | | — | | | — | | | Total indefinite-lived intangible asset | | | 40,400 | | | — | | | 40,400 | | | — | | | — | | | — | | | Total Intangible Assets | | | $ | 500,966 | | | $ | 165,928 | | | $ | 335,038 | | | $ | 1,152,134 | | | $ | 353,769 | | | $ | 798,365 | |
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| Summary of Indefinite-lived Intangible Asset |
The Company's definite-lived and indefinite-lived intangible assets consisted of the following as of:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | September 30, 2026 | | December 31, 2025 | | | | Gross Carrying Amount | | Accumulated Amortization | | Net Book Value | | Gross Carrying Amount | | Accumulated Amortization | | Net Book Value | | | | | | | | | | | | | | | | | | (in thousands) | | Definite-lived intangible assets: | | | | | | | | | | | | | | Licenses | | | $ | 379,286 | | | $ | 130,658 | | | $ | 248,628 | | | $ | 1,052,371 | | | $ | 298,744 | | | $ | 753,627 | | | Trademarks | | | 14,510 | | | 14,510 | | | — | | | 27,430 | | | 25,254 | | | 2,176 | | | Internal use software | | | 65,770 | | | 19,885 | | | 45,885 | | | 67,472 | | | 25,110 | | | 42,362 | | | Tradenames | | | 1,000 | | | 875 | | | 125 | | | 4,861 | | | 4,661 | | | 200 | | | Total definite-lived intangible assets | | | 460,566 | | | 165,928 | | | 294,638 | | | 1,152,134 | | | 353,769 | | | 798,365 | | | Indefinite-lived intangible assets: | | | | | | | | | | | | | | Trademarks | | | 40,400 | | | — | | | 40,400 | | | — | | | — | | | — | | | Total indefinite-lived intangible asset | | | 40,400 | | | — | | | 40,400 | | | — | | | — | | | — | | | Total Intangible Assets | | | $ | 500,966 | | | $ | 165,928 | | | $ | 335,038 | | | $ | 1,152,134 | | | $ | 353,769 | | | $ | 798,365 | |
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| Summary of Estimated Future Annual Amortization Expense Related to Intangible Assets |
The following table outlines the estimated future annual amortization expense related to definite-lived intangible assets as of September 30, 2026, for the period ending December 31, 2026, and for each of the next four years ending December 31, and thereafter:
| | | | | | | | | | | Estimated Amortization | | Year | | (in thousands) | | Remainder of 2026 | | $ | 9,647 | | | 2027 | | 38,430 | | | 2028 | | 37,282 | | | 2029 | | 35,188 | | | 2030 | | 30,687 | | | Thereafter | | 143,404 | | | Total | | $ | 294,638 | |
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