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GOODWILL AND INTANGIBLE ASSETS
 3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
The following table summarizes changes in goodwill during the three months ended March 31, 2025 (in thousands):
Balance at December 31, 2024$1,161,085 
Additions16,031 
Measurement adjustments(627)
Adjustments due to currency translation and other2,215 
Balance at March 31, 2025$1,178,704 
The following table sets forth the components of indefinite-lived and amortizable intangible assets as of March 31, 2025 and December 31, 2024 (in thousands):
March 31, 2025December 31, 2024
GrossAccumulated
Amortization		Carrying
Value		GrossAccumulated
Amortization		Carrying
Value		Useful Life
in Years
Amortizable intangible assets:
Customer contracts$662,885 $(287,099)$375,786 $671,242 $(288,150)$383,092 
3-20
Trademarks and tradenames24,327 (13,534)10,793 24,559 (12,480)12,079 
7-20
Other intangible assets27,040 (18,532)8,508 26,507 (17,905)8,602 
3-20
Total amortizable intangible assets$714,252 $(319,165)$395,087 $722,308 $(318,535)$403,773 
Indefinite-lived intangible assets139,726 137,816 
Total customer contracts and other intangible assets$534,813 $541,589 
Amortization expense related to intangible assets was $20.8 million and $18.7 million for the three months ended March 31, 2025 and 2024, respectively. Customer contracts and other amortizable intangible assets are amortized on a straight-line basis over their economic useful lives.
Estimated amortization expense for the existing carrying amount of amortizable intangible assets for each of the five succeeding fiscal years as of March 31, 2025 are as follows:
(in thousands)
2025 (excluding the three months ended March 31, 2025)$60,954 
202678,811 
202774,925 
202863,767 
202949,867