XML 58 R45.htm IDEA: XBRL DOCUMENT v3.25.1
Goodwill and Other Intangible Assets, Net (Tables)
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amount of Goodwill
The changes in the carrying amount of goodwill were as follows (in thousands):
Goodwill
Balance at December 31, 2024$540,290 
Measurement period adjustments100 
Cumulative translation adjustment276 
Balance at March 31, 2025$540,666 
Schedule of Components of Other Intangible Assets
Other intangible assets consisted of the following (in thousands, except weighted-average remaining life):
March 31, 2025
Gross
Amount
Accumulated
Amortization
Net Carrying
Amount
Weighted-
Average
Remaining Life
(Years)
Definite life intangible assets:
Customer-related$256,441 $118,320 $138,121 10.7
Technology23,997 23,997 — N/A
Noncompete agreements21,815 20,890 925 1.4
Patents12,706 11,218 1,488 2.7
All other19,877 7,072 12,805 12.0
Total definite life intangible assets334,836 181,497 153,339 
Indefinite life intangible assets:
Trade names79,570 — 79,570 N/A
Licenses2,594 — 2,594 N/A
Domain name454 — 454 N/A
Total indefinite life intangible assets82,618 — 82,618 N/A
Total$417,454 $181,497 $235,957 

December 31, 2024
Gross
Amount
Accumulated
Amortization
Net Carrying
Amount
Weighted-
Average
Remaining Life
(Years)
Definite life intangible assets:
Customer-related$256,374 $113,590 $142,784 10.8
Technology23,997 23,997 — N/A
Noncompete agreements21,815 20,621 1,194 1.5
Patents12,577 11,102 1,475 2.7
All other19,937 6,711 13,226 12.1
Total definite life intangible assets334,700 176,021 158,679 
Indefinite life intangible assets:
Trade names79,570 — 79,570 N/A
Licenses2,207 — 2,207 N/A
Domain name454 — 454 N/A
Total indefinite life intangible assets82,231 — 82,231 N/A
Total$416,931 $176,021 $240,910 
Schedule of Estimated Future Amortization Expense of Definite Life Intangible Assets
The estimated future amortization expense of definite life intangible assets as of March 31, 2025 is as follows (in millions):
2025$15.9 
202620.2 
202715.9 
202815.1 
202911.4 
2029 and thereafter74.8 
Total$153.3