Goodwill and Intangible Assets

6 Months Ended

Jun. 30, 2026

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

7. Goodwill and Intangible Assets

Goodwill and intangible assets with indefinite lives were $283.7 million as of each of June 30, 2026, and December 31, 2025.

Intangible assets with definite lives, including the related accumulated amortization, are comprised of the following:

	June 30, 2026							December 31, 2025
	Cost		Accumulated amortization			Net carrying amount		Cost		Accumulated amortization			Net carrying amount
	(In thousands)
Customer relationships	$	154,254	$	(85,883	)	$	68,371	$	155,492	$	(80,539	)	$	74,953
Developed technology		55,970		(25,709	)		30,261		55,970		(21,984	)		33,986
Other		2,760		(1,147	)		1,613		2,760		(1,070	)		1,690
Total	$	212,984	$	(112,739	)	$	100,245	$	214,222	$	(103,593	)	$	110,629

Amortization expense associated with identifiable intangible assets was $4.9 million for each of the three months ended June 30, 2026 and 2025 and $9.9 million and $9.2 million for the six months ended June 30, 2026 and 2025, respectively. Annual estimated total amortization expense is $19.6 million, $18.3 million, $16.7 million, $15.7 million and $11.1 million for the years ended December 31, 2026 through 2030, respectively.