GOODWILL AND INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill by Segment

The activity in goodwill by segment for the six months ended June 30, 2024 was as follows:

	December 31, 2023		Currency Translation		June 30, 2024
	(In thousands)
U.S.	$	41,936	$	—	$	41,936
Europe	1,116,521		(10,610)		1,105,911
Mexico	127,804		(17,366)		110,438
Total	$	1,286,261	$	(27,976)	$	1,258,285

Schedule of Indefinite and Finite-Lived Intangible Assets

Intangible assets consisted of the following:

	December 31, 2023		Amortization		Currency Translation		June 30, 2024
	(In thousands)
Cost:
Trade names not subject to amortization	$	580,473	$	—	$	(6,413)	$	574,060
Trade names subject to amortization	112,681		—		(367)		112,314
Customer relationships	441,719		—		(5,805)		435,914
Accumulated amortization:
Trade names	(57,762)		(1,938)		52		(59,648)
Customer relationships	(223,128)		(14,192)		3,582		(233,738)
Intangible assets, net	$	853,983	$	(16,130)	$	(8,951)	$	828,902

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