Goodwill and Intangible Assets, Net (Tables)

6 Months Ended

Jun. 30, 2026

Intangible Asset, Goodwill and Other [Abstract]

Schedule of Goodwill and Intangible Assets, Net

Activity in goodwill was as follows:

	(in thousands)
Balance at December 31, 2025	$	397,098
Additions	243,693
Balance at June 30, 2026	$	640,791

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 at December 31, 2025	$	810,021	$	(524,910)	$	285,111	$	42,298	$	327,409
Additions	307,000		—		307,000		—		307,000
Intangible amortization	—		(35,231)		(35,231)		—		(35,231)
Balances at June 30, 2026	$	1,117,021	$	(560,141)	$	556,880	$	42,298	$	599,178

Schedule of Estimated Amortization Expense of Intangible Assets Succeeding Years

Definite-lived intangible asset amortization for the remainder of fiscal year 2026 and succeeding fiscal years is estimated as follows:

Fiscal Year	Amount (in thousands)
Remainder of 2026	$	40,084
2027	76,262
2028	70,432
2029	64,835
2030	63,410
2031 and thereafter	241,857
Total	$	556,880