Goodwill and Other Intangible Assets

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets

Below is a summary of intangible assets, net: 

	Definite-Lived						Indefinite-Lived		Total
(in thousands)	Gross Book Value		Accumulated Amortization		Net Book Value		Net Book Value		Net Book Value
Balances of December 31, 2023	$	806,655	$	(416,834)	$	389,821	$	42,298	$	432,119
Adjustments	2,409		—		2,409		—		2,409
Intangible amortization	—		(56,299)		(56,299)		—		(56,299)
Balances of December 31, 2024	809,064		(473,133)		335,931		42,298		378,229
Adjustments	957		—		957		—		957
Intangible amortization	—		(51,777)		(51,777)		—		(51,777)
Balances of December 31, 2025	$	810,021	$	(524,910)	$	285,111	$	42,298	$	327,409

Definite-lived intangible asset amortization for the next five and succeeding fiscal years is estimated as follows:

Fiscal Year	Amount (in thousands)
2026	$	50,906
2027	47,804
2028	42,142
2029	36,544
2030	35,119
2031 and thereafter	72,596
Total	$	285,111

At December 31, 2025, the weighted average estimated remaining amortization period for definite-lived intangible assets was 6.7 years.

There have been no changes to goodwill for the years ended December 31, 2025 and 2024.