XML 26 R14.htm IDEA: XBRL DOCUMENT
v3.25.3

Goodwill and Other Intangibles | 9 Months Ended
--- | ---
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangibles | Goodwill and Other Intangibles A summary of changes in the Company’s goodwill is as follows (in thousands):
|  | December 31, 2024 |  | Acquisitions 1 |  |  |  |  |  | Acquisition Accounting Adjustments |  | Foreign Currency |  | September 30, 2025
Goodwill |  | $ | 5,984,667 |  |  | $ | 123,109 |  |  |  |  |  |  | $ | 1,845 |  |  | $ | 227,456 |  |  | $ | 6,337,077 |
1 Reflects the recognition of preliminary goodwill assigned to the Vehicle Payments segment related to the Gringo acquisition completed by the Company during the nine months ended September 30, 2025. At September 30, 2025, the Company's goodwill is presented net of accumulated impairment losses of $90.0 million, all of which were recorded during the year ended December 31, 2024. As of September 30, 2025 and December 31, 2024, other intangibles consisted of the following (in thousands):
|  |  |  | September 30, 2025 |  | December 31, 2024
|  | Weighted- Avg Useful Lives (Years) |  | Gross Carrying Amounts |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amounts |  | Accumulated Amortization |  | Net Carrying Amount
Customer and vendor relationships |  | 16.7 |  | $ | 3,579,067 |  |  | $ | (1,848,541) |  |  | $ | 1,730,526 |  |  | $ | 3,476,642 |  |  | $ | (1,624,079) |  |  | $ | 1,852,563 |
Trade names and trademarks—indefinite lived |  | N/A |  | 446,568 |  |  | — |  |  | 446,568 |  |  | 410,391 |  |  | — |  |  | 410,391 |
Trade names and trademarks—other |  | 2.6 |  | 67,448 |  |  | (20,897) |  |  | 46,551 |  |  | 66,047 |  |  | (13,055) |  |  | 52,992 |
Software |  | 5.7 |  | 329,394 |  |  | (268,902) |  |  | 60,492 |  |  | 306,296 |  |  | (245,038) |  |  | 61,258 |
Non-compete agreements |  | 3.8 |  | 58,563 |  |  | (31,705) |  |  | 26,858 |  |  | 52,412 |  |  | (19,174) |  |  | 33,238 |
Total other intangibles |  |  |  | $ | 4,481,040 |  |  | $ | (2,170,045) |  |  | $ | 2,310,995 |  |  | $ | 4,311,788 |  |  | $ | (1,901,346) |  |  | $ | 2,410,442 |
N/A = Not Applicable |  |  |  |  |  |  |  |  |  |  |  |  |  |
Changes in foreign exchange rates resulted in a $58.6 million increase to the net carrying values of other intangibles in the nine months ended September 30, 2025. Amortization expense related to intangible assets for the nine months ended September 30, 2025 and 2024 was $185.6 million and $169.6 million, respectively. The future estimated amortization of intangible assets at September 30, 2025 is as follows (in thousands):
Remaining 2025 |  | $ | 232,246 |
2026 |  | 217,884 |
2027 |  | 204,582 |
2028 |  | 191,461 |
2029 |  | 175,176 |
Thereafter |  | 843,078 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration