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CUSTOMER CONTRACTS, TRADENAMES AND TRADEMARKS, AND OTHER INTANGIBLE ASSETS
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
CUSTOMER CONTRACTS, TRADENAMES AND TRADEMARKS, AND OTHER INTANGIBLE ASSETS CUSTOMER CONTRACTS, TRADENAMES AND TRADEMARKS, AND OTHER INTANGIBLE ASSETS
Customer contracts are amortized on a straight-line basis as this best approximates the ratio that current revenues bear to the total of current and anticipated revenues based on the estimated lives of the assets. The Company has determined that customer contracts should be amortized over a life of 7 to 20 years.
The carrying amount and accumulated amortization for customer contracts were as follows:
December 31,
(in thousands)20252024
Customer contracts$741,568 $671,242 
Less: accumulated amortization(334,052)(288,150)
Customer contracts, net$407,516 $383,092 
Trademarks and tradenames are amortized on a straight-line basis over the period of their useful lives. The Company has determined these assets have useful lives between 7 and 20 years. The Company also has non-amortizable, indefinite-lived tradenames of $157.0 million and $137.8 million as of December 31, 2025 and 2024, respectively.
The carrying amount and accumulated amortization for trademarks and tradenames were as follows:
December 31,
(in thousands)20252024
Trademarks and tradenames$183,167 $162,375 
Less: accumulated amortization(16,388)(12,480)
Trademarks and tradenames, net$166,779 $149,895 
Other intangible assets include non-compete agreements and patents. Non-compete agreements are amortized on a straight-line basis over periods ranging from 3 to 20 years and patents are amortized on a straight-line basis over 15 years.
The carrying amount and accumulated amortization for other intangible assets were as follows:
December 31,
(in thousands)20252024
Other intangible assets$28,240 $26,507 
Less: accumulated amortization(20,151)(17,905)
Other intangible assets, net$8,089 $8,602 
Total amortization expense was approximately $90.4 million in 2025, $79.2 million in 2024 and $66.5 million in 2023.
Estimated amortization expense for the existing carrying amount of customer contracts, finite-lived trademarks and tradenames, and other intangible assets for each of the five succeeding fiscal years are as follows:
(in thousands)
2026$91,375 
202786,564 
202878,257 
202963,782 
203042,329