GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill by Segment

The activity in goodwill by segment for the three months ended March 31, 2024 was as follows:

	December 31, 2023		Currency Translation		March 31, 2024
	(In thousands)
U.S.	$	41,936	$	—	$	41,936
Europe	1,116,521		(11,540)		1,104,981
Mexico	127,804		—		127,804
Total	$	1,286,261	$	(11,540)	$	1,274,721

Schedule of Indefinite and Finite-Lived Intangible Assets

Intangible assets consisted of the following:

	December 31, 2023		Amortization		Currency Translation		March 31, 2024
	(In thousands)
Cost:
Trade names not subject to amortization	$	580,473	$	—	$	(5,644)	$	574,829
Trade names subject to amortization	112,681		—		(382)		112,299
Customer relationships	441,719		—		(3,316)		438,403
Accumulated amortization:
Trade names	(57,762)		(970)		52		(58,680)
Customer relationships	(223,128)		(7,145)		1,169		(229,104)
Intangible assets, net	$	853,983	$	(8,115)	$	(8,121)	$	837,747

Schedule of Intangible Assets Amortization and Estimated Useful Lives

Intangible assets are amortized over the estimated useful lives of the assets as follows:

Customer relationships	3-18 years
Trade names subject to amortization	15-20 years